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$2,200,000
New Listing

11323 106 ST NW
Edmonton, AB T5G2P6

For Sale|Single Family Residence|Active
4
Beds
4
Total Baths
1
Partial Bath
5,567
SqFt
$395
/SqFt
2025
Built
Subdivision:
Spruce Avenue
County:

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11323 106 ST NW11323 106 ST NW11323 106 ST NW11323 106 ST NW
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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. (id:31684)

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Listing Snapshot
Price 
$2,200,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
5,567 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
1
Lot Size 
0.1497 Acres
Year Built 
2025
MLS® Number 
E4446094
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing updated with changes from the MLS®
12 hours agoListing first seen on site
General Features
Parking Spaces 
3
Property Sub Type 
Single Family Residence
SqFt Total 
5567
Stories 
Two
Interior Features
Heating 
Forced Air
Bedroom 2 
Dimensions - Measurements not availableLevel - Upper
Bedroom 3 
Dimensions - Measurements not availableLevel - Upper
Bedroom 4 
Dimensions - Measurements not availableLevel - Lower
Master Bedroom 
Dimensions - Measurements not availableLevel - Upper
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Community Features
Community Features 
Pool

Listing courtesy of: Dustin Beech of Initia Real Estate

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
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