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11323 106 ST NW
Edmonton Alberta T5G2P6 Canada

$2,099,000

Active Listing ID E4468078
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4 bed
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5,567 square feet
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4.00 Bath
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Single Family

$2,099,000

Active Listing ID E4468078
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11323 106 ST NW 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:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Heating Systems: Forced air
  • Additional Features
  • Basement
Listing Changed: 12/13/2025 2:36:03 AM GMT
Source Updated Date: 12/16/2025 12:00:12 PM GMT

Courtesy of: Dustin Beech, Associate, Initia Real Estate