Just listed off-market is an 8-unit new build in North Glenora — a high-demand west-central Edmonton neighborhood known for strong tenant retention and long-term appreciation.

This project is fully CMHC-eligible, purpose-built, and designed for serious investors looking for clean cash flow, maximum leverage, and smart upside.

VIEW DETAILS ABOUT THE PROJECT HERE:

https://drive.google.com/drive/folders/1LqHUdqOvX-jeK-Sb1VE8k_66qCX7kcdz?usp=drive_link

13939 109A Avenue NW, Edmonton

Offered at: $2,500,000
8 Units | Newly Constructed | CMHC 95% LTV Eligible
Projected Monthly Rent: $14,600
Projected Year 1 Cash Flow: $1,550/month

Unit Breakdown

• 4 x 3-Bed Upper Units – 1,320 sq ft
• 4 x 2-Bed Basement Units – 620 sq ft

No condo fees
Garage and shed-ready layout for future income layers if desired

CMHC Financing Ready

• 95% Loan-to-Value
• 50-Year Amortization
• Cash needed: $164,200
• DSCR: 1.18 at 3.75% interest
• Net Operating Income: $10,206/month
• Cap Rate: ~5.1%

Why This Property?

• Purpose-built with high rental demand floor plans
• Fully optimized for CMHC financing structure
• Below-market risk with value growth modeled over 5 years
• Located in a desirable infill pocket with upside long-term appreciation