11150 118 St Nw
Edmonton, Alberta
MLS® 44178075
$2,099,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 44178075
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
Listing description
CMHC MLI ELIGIBLE MULTIFAMILY OPPORTUNITY! Under Construction fourplex with three legal basement suites located at 118 Street. This modern infill project offers a total of 7 rental units and is ideally suited for investors seeking CMHC-backed financing and long-term rental performance.
The building provides a total of 16 bedrooms, 12 full bathrooms, and 4 half bathrooms across approximately 4,487. 07 sq. ft.
of total developed space. Each upper unit features 3 bedrooms and 2. 5 bathrooms, while each basement suite offers 1 bedroom and 1 full bathroom, creating a highly desirable rental mix for families and professionals alike.
Projected gross rental income is approximately $14,200 per month, offering strong cash flow potential. The site includes 4 uncovered surface parking stalls with rear lane access. This project is configured as a fourplex with three legal secondary suites, delivering excellent density while maintaining low construction complexity — ideal for CMHC MLI financing strategies.
Architectural design showcases contemporary urban styling with durable, low-maintenance exterior finishes, optimized for long-term rental ownership. Located in a central Edmonton infill location with convenient access to transit, major roadways, employment centers, and established residential communities. Tentative possession: Early 2027.
Property summary
- MLS® number
- 44178075
- Property type
- Multi-family
- Square footage
- 4,487 sq ft
- Land size
- 6198.9727 square feet
- Parking
- 4 spaces
- Days on market
- 2 days
What would this home cost you?
Based on the $2,099,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of MaxWell Polaris, Edmonton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.