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Edmonton, AB, T5G2P6 • Spruce Avenue • Division No. 11
$377/sqft
Down payment assistance available
4Beds
4Baths
5,566.6Sqft
2025Built
Enhanced Security
Smoke Detector(s) · Detectors Smoke
Demand and pricing signals for this listing
5 views
People checking out this listing
104 days on market
Established listing
$377/sqft
Price per square foot
Multi Family · Built 2025
Brand new 4-plex with 8 fully legal units in central Edmonton! Each main unit features 3 bedrooms, 2.5 baths, and 1,395 sq ft, plus a fully self-contained 1 bedroom, 1 bath basement suite (686 sq ft) with separate entrance and in-suite laundry. Modern finishes throughout, separate utility meters, and parking included. Projected gross rent of $163,200/year with 5–6% cap rate potential. Ideally located near NAIT, Royal Alexandra Hospital, downtown, and major transit routes. No rent control, low property taxes, and a strong rental market make this a perfect turnkey investment. Future condo title potential. A rare opportunity for cash-flow-focused buyers in one of Canada’s most landlord-friendly markets.
Standout features identified
Our analysis highlights in-suite laundry, modern finishes throughout, and parking included as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $1,679,200 loan
Full calculator →Key facts and listing details
11 categories of property features
1 room detailed
Master Bedroom
UpperMarket data and value estimates
Edmonton, AB, T5G2P6
Local context around this listing
Edmonton, AB • Division No. 11
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