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Renanza Realty
For sale

Edmonton, Alberta

Edmonton, Alberta

MLS® 45188951

$1,700,000

Status
Active
Property type
Multi-family
MLS® number
45188951
Bedrooms
Bathrooms
Year built
2026

Listing description

ATTENTION BUILDERS, DEVELOPERS, AND INVESTORS! Exceptional infill opportunity in premium West Meadowlark. This prime 50 x 110 lot comes with a FULLY APPROVED DEVELOPMENT PERMIT for a high-density, high-yield 6-unit project, allowing you to pour concrete almost immediately and target a completed project timeline by Summer 2027.

Strategically and meticulously designed to align with CMHC MLI Select financing criteria to maximize your leverage and long-term cash flow, this project features two stunning 2-storey side-by-side duplex units boasting 1,500 sq. ft. above grade, 9 ceilings, quartz countertops, upgraded fixtures, and 3 bedrooms each.

The plans further include two fully finished basement suites with an additional 720 sq. ft. of living space, 2 bedrooms down, and private separate access, alongside two double detached garages featuring premium, 1-bedroom self-contained garden suites built directly on top—complete with full kitchens, quartz countertops, and in-unit laundry.

Designed for ultimate tenant comfort and utility efficiency, the approved mechanicals feature 6 on-demand high-efficiency hot water tanks, 3 A/C units, 2 new furnaces, and 3 linear gas fireplaces. Nestled on a beautiful, family-friendly street lined with mature trees, this high-demand rental pocket sits in an unbeatable location just minutes from West Edmonton Mall, schools, parks, and the brand-new LRT expansion line. The heavy lifting has been done for you—secure this turn-key development site today and step right into Edmonton’s lucrative infill market!

Property summary

MLS® number
45188951
Property type
Multi-family
Square footage
3,919 sq ft
Land size
5496.3544 square feet
Built in
2026
Days on market
54 days

What would this home cost you?

Based on the $1,700,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$7,910 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Century 21 Quantum Realty, 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.