We are pleased to present a turnkey investment opportunity in the growing Uplands community of Edmonton. This newly built (2022) 4-plex consists of 8 legal suites with strong rental income, four individual titles, and minimal maintenance requirements—making it an excellent addition to any investment portfolio.

Property Details:

Address: 2417/15/13/11 – 193 Street, Edmonton
Unit Breakdown:

• Upper Suites (4): 3 Bedrooms, 2.5 Bathrooms
• Lower Suites (4): 1 Bedroom, 1 Bathroom
• Garages: 4 Double Garages

Financials & Lease Terms:

• Asking Price: $2,100,000
• Property Taxes: Approximately $16,500 per year (2024)
• Current Monthly Rental Income:
  • $2,245 + $1,395
  • $2,345 + $1,420
  • $2,295 + $1,395
  • $2,150 + $1,375
  • Total Monthly Gross Rent: $14,620
• Leases: Fully tenanted with 12-month leases ending between March and August 2025
• Utilities: Tenants cover overages above $550 per month (split 65% upper / 35% lower)

Investment Highlights:

• High Cash Flow: Over $175,000 in annual gross rental income
• Separate Titles: Flexibility for future refinancing or individual sales
• New Construction: Built in 2022, reducing maintenance and repair costs
• Desirable Location: Situated in a growing community with strong rental demand

Floor Plans & Photos: Click Here to View Listings

This is a rare opportunity to acquire a high-performing multi-family asset in a strong Edmonton submarket. For more details or to schedule a viewing, please reach out directly.