11323 106 St Nw, Edmonton Property Listing: MLS® #E4446094

About 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:36535)

Features of 11323 106 St Nw

Listing #	E4446094
Price	$2,200,000
Bedrooms	4
Bathrooms	4.00
Half Baths	1
Square Footage	5,567
Acres	0.15
Year Built	2025
Type	Single Family
Sub-Type	Freehold

Community Information

Address	11323 106 St Nw
Subdivision	Spruce Avenue
City	Edmonton
Province	Alberta
Postal Code	T5G2P6

Amenities

Amenities	Playground, Public Transit, Schools, Shopping, Ceiling - 9ft, Vinyl Windows
Features	Lane, Exterior Walls- 2x6", No Animal Home, No Smoking Home
Parking Spaces	3
Parking	Parking Pad
Is Waterfront	No
Has Pool	No

Interior

Appliances	Dishwasher, Dryer, Microwave Range Hood Combo, Refrigerator, Stove, Washer, See remarks
Heating	Forced air
Fireplace	No
# of Stories	2
Has Basement	Yes
Basement Features	Suite
Basement Type	Full (Finished)
Basement Development	Finished

Listing Details

Office	Courtesy Of Dustin Beech Of Initia Real Estate