This fully leased 6-unit apartment building in the high-demand rental corridor is the kind of asset investors wait for. Positioned in one of Edmonton’s most central and tenant-active neighborhoods, this property offers immediate income with clear upside. Each suite is consistently occupied, creating stable, predictable cash flow from day one, while still presenting a compelling opportunity for rental optimization as leases turn over. Inside, functional layouts and practical finishes cater to a broad tenant base, supporting long-term occupancy and minimizing vacancy risk. Outside, the property continues to deliver value with a double garage and additional surface parking. An increasingly sought-after feature that enhances tenant convenience and supports premium rent potential. The surrounding area is defined by strong fundamentals, with a close proximity to the Royal Alexandra Hospital and NAIT, ensuring a steady pool of renters. Whether you’re expanding your portfolio or securing an affordable, reliable multi-family asset with upside, this is a strategic acquisition in a proven rental location.
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Zillow last checked:
Listing updated:
Listed by:
Drew Kardash, Associate,
Professional Realty Group
Source: courtesy of Pillar9 System,MLS®#: A2313727Originating MLS®#: Central Alberta
Facts & features
Interior
Heating
Boiler, Natural Gas
Appliances
Included: Electric Range, Range Hood, Refrigerator
Features
Flooring: Carpet, Linoleum
Basement: Full
Interior area
Total interior livable area: 2,874 sqft
Property
Parking
Total spaces: 5
Parking features: Double Garage Detached, Garage Faces Rear, Heated Garage, Off Street, Parking Pad
Garage spaces: 2
Has uncovered spaces: Yes
Features
Stories: 3
Details
Parcel number: 56450496
Zoning: RS
Construction
Type & style
Home type: MultiFamily
Property subtype: Apartment
Materials
Wood Frame, Wood Siding
Roof: Asphalt Shingle
Condition
Year built: 1912
Community & HOA
Community
Subdivision: Alberta Avenue
Location
Region: Edmonton
Financial & listing details
Price per square foot: C$197/sqft
Date on market: 5/24/2026
Inclusions: N/A
Drew Kardash, Associate
Drew Kardash, Associate
(780) 886-7081
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