Purpose-built, turnkey investment in one of Edmonton's strongest rental corridors. Brand-new 4-plex with 4 legal basement suites in desirable Queen Alexandra, just minutes from the University of Alberta, built by the award winning Bloc 53 Developments. Offering 8 self-contained suites, 16 bedrooms, 14 bathrooms, and 4 single garages, this premium multi-family asset is separately metered for all utilities and is an ideal candidate for the CMHC MLI Select Program, with projected gross annual income of $166,000–$180,000. All suites include stainless steel appliances, modern finishes and the property comes fully landscaped. Seller will provide a recent appraisal and Phase I environmental report (approximately $7,000 in value), saving buyers time and due diligence costs. An outstanding turnkey investment in a high-demand rental location with exceptional cash flow and a strong tenant profile. Rare opportunity in one of Edmonton's most sought-after rental markets.
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Zillow last checked:
Listing updated:
Listed by:
Ray Elwenni,
Royal Lepage Arteam Realty,
Moe Charara,
Royal Lepage Arteam Realty
Source: RAE,MLS®#: E4499205
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1
Primary bedroom
Level: Upper
Heating
Forced Air-1, Natural Gas
Appliances
Included: Dishwasher-Built-In, Dryer, Exhaust Fan, Refrigerator, Electric Stove, Washer, See Remarks
Features
Closet Organizers
Flooring: Carpet, Vinyl Plank
Basement: Full, Finished
Fireplace features: Electric
Interior area
Total structure area: 4,914
Total interior livable area: 4,914 sqft
Property
Parking
Total spaces: 4
Parking features: Quad or More Detached
Garage spaces: 4
Features
Levels: 2 Storey,3
Exterior features: Landscaped, Playground Nearby
Pool features: Community, Public Swimming Pool
Lot
Size: 7,789 Square Feet
Features: Landscaped, Playground Nearby, Near Public Transit, Schools, Shopping Nearby, Public Transportation, Infill Property
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex, 4PLEX
Attached to another structure: Yes
Materials
Foundation: Concrete Perimeter
Roof: Asphalt
Condition
Year built: 2026
Community & HOA
Community
Features: Closet Organizers
Location
Region: Edmonton
Financial & listing details
Price per square foot: C$521/sqft
Date on market: 7/16/2026
Ownership: Private
Ray Elwenni
Ray Elwenni
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