For Sale: 11150 118 Street Nw, Edmonton, AB - REW
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$2,099,000
0 bd • ba • 4487 sf • Multifamily
11150 118 Street Nw
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$2,099,000
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11150 118 St NwEdmonton, AB, T5G 2W7

Prince Rupert
  • 0 Bed
  • Bath
  • 4487 Sqft
  • Multifamily

About this home

CMHC MLI ELIGIBLE MULTIFAMILY OPPORTUNITY! Under Construction fourplex with three legal basement suites located at 118 Street. This modern infill project offers a total of 7 rental units and is ideally suited for investors seeking CMHC-backed financing and long-term rental performance.The building provides a total of 16 bedrooms, 12 full bathrooms, and 4 half bathrooms across approximately 4,487.07 sq.ft. of total developed space. Each upper unit features 3 bedrooms and 2.5 bathrooms, while each basement suite offers 1 bedroom and 1 full bathroom, creating a highly desirable rental mix for families and professionals alike.Projected gross rental income is approximately $14,200 per month, offering strong cash flow potential. The site includes 4 uncovered surface parking stalls with rear lane access.This project is configured as a fourplex with three legal secondary suites, delivering excellent density while maintaining low construction complexity — ideal for CMHC MLI financing strategies.Architectural design showcases contemporary urban styling with durable, low-maintenance exterior finishes, optimized for long-term rental ownership. Located in a central Edmonton infill location with convenient access to transit, major roadways, employment centers, and established residential communities.Tentative possession: Early 2027. (id:63626)
Listed by: Kirat Bawa, Associate, MaxWell Polaris

Home facts and features

Price details
List Price
$2,099,000
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Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
4
Property Type
Multifamily
Lot Size
6198 ft²
Depth
Community
Agent details
Primary Agent
Kirat Bawa
Primary Broker
MaxWell Polaris
Listing details
Days on REW
1 Day
MLS® Number
44178075
Source
Canadian Real Estate Association
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Kirat Bawa
Phone:
780-616-5509
Office:
780-450-6300
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