Fix and Flip
Available
16204 102 Ave NW: Fully Tenanted 4-Plex – Britannia Youngstown | AFS Available
Edmonton
Brittannia Youngston
$1,598,998
16204 102 Ave
We’re presenting an on-market 4-plex opportunity in the heart of Britannia Youngstown, Edmonton. This property is fully rented and offers both immediate income security and long-term upside. The best thing about this investment is it’s option for creative financing, see AFS details below:
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Property Details
- Address: 16204 102 Ave NW
- VIEW LISTING DETAILS HERE
- Price: $1,599,000
- Agreement for Sale: 1.69% fixed interest, term until May 30, 2026
- Current Payment: $4,106/month (approximate cash flow $503/month)
- Value-Add Potential: $250,000 to convert basement suites (projected ARV $2.1M)
- Tenancy: 4 units fully leased with staggered lease terms
- Current Rents: $1,995 | $1,975 | $1,925 | $2,100 + utilities
Why This Property
This acquisition provides a rare balance of stability and opportunity. With units already leased at market rates, investors gain predictable cash flow today, while the potential basement suite conversions create a clear path to future appreciation.
Location
Britannia Youngstown is a central-west Edmonton neighborhood with excellent access to major commuter routes, shopping, restaurants, and employment hubs. The area is known for strong rental demand and continues to attract long-term tenants.
*This deal was a reiconference.ca exclusive deal – please reach out to anyone on the Calvin Realty Team (or myself) for any details.
