Multi Family

High-Return Multi-Family Investment Opportunity in Idylwylde




8632 79th Street NW

We are excited to present a prime multi-family investment opportunity in the vibrant Idylwylde neighborhood of Edmonton. This contemporary 4-plex development, featuring modern duplexes with legal basement suites and garage suites, is perfectly tailored for discerning investors seeking high rental yields and future appreciation.


Property Highlights:

  • Location: 8632 79th Street NW, Edmonton
  • Price: $1,299,999
  • Estimated Value: $1,400,000
  • Type: 4-Plex Development
  • Units:
    • 2 duplexes (1505 sqft each) with 3 bedrooms and 2.5 bathrooms
    • 2 legal basement suites (705 sqft each) with 1 bedroom and 1 bathroom
    • 1 two-bedroom garage suite
  • Completion: Summer 2024
  • Builder: House of Modernity
  • Warranty: Blanket

Key Investment Features:

  • Turnkey Project: Includes landscaping, interior finishings, blinds, and an appliance package, ensuring a hassle-free investment.
  • High ROI Potential: Each unit is designed to attract long-term tenants, providing stable rental income and strong cash flow.
  • Strategic Location: Close to Bonnie Doon Shopping Centre, parks, and major transportation routes, ensuring high tenant demand and low vacancy rates.

Community Highlights:

  • Desirable Neighborhood: Idylwylde is an established residential area with a close-knit community of approximately 2,500 residents. The neighborhood is known for its affordability and potential for property value appreciation.
  • Amenities and Recreation: Proximity to Bonnie Doon Shopping Centre, Idylwylde Park, and Kenilworth Park provides residents with ample shopping, dining, and recreational options.
  • Excellent Connectivity: Convenient access to major roadways like 75 Street and 82 Avenue, as well as public transit services, including the future Valley Line LRT, ensures easy mobility for residents.

Why Invest in Idylwylde?

Idylwylde’s blend of affordability, strong community appeal, and strategic location near key amenities makes it a prime area for multi-family investments. This 4-plex development offers a unique opportunity to capitalize on the neighborhood’s strong rental demand and future growth potential.


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