Attention investors! Introducing Olympia, a brand-new 6-unit triplex development located in Queen Mary Park, just minutes from downtown Edmonton. This purpose-built property offers approximately 5,600 sq. ft. of living space, with six self-contained, separately metered units designed for strong rental demand. The unit mix includes two 3-bedroom units, one unit with dual primary bedroom suites, two legal 2-bedroom suites, and one 1-bedroom unit, appealing to a broad tenant base. Features include quartz countertops, vinyl plank flooring, stainless steel appliances, 9-ft ceilings, landscaping, and a detached triple garage, plus ample on-site and street parking. CMHC MLI Select qualified, requiring as little as 5% down, with projected annual rental income of approximately $138,000. Estimated completion Q3 2026. Prime location within walking distance to Kingsway Mall, Royal Alexandra Hospital, NAIT, LRT, and major amenities.
Features: Commercial, Near Golf Course, Landscaped, Level, Low Maintenance Landscape, Playground Nearby, Near Public Transit, Shopping Nearby, See Remarks, Golf Nearby, Public Transportation
Topography: Level
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Attached to another structure: Yes
Materials
Foundation: Concrete Perimeter
Roof: Asphalt
Condition
Year built: 2026
Community & HOA
Community
Features: Ceiling 9 ft., Closet Organizers, No Animal Home, No Smoking Home, Smart/Program. Thermostat, HRV System
Security: Smoke Detector(s), Detectors Smoke
Location
Region: Edmonton
Financial & listing details
Price per square foot: C$497/sqft
Date on market: 1/7/2026
Ownership: Private
Jas Ahluwalia
Jas Ahluwalia
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