22636 - 22680 80 Ave NW
Edmonton, Alberta
MLS® 45559855
$9,200,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 45559855
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 2022
1 / 11Listing description
A rare opportunity to acquire a turnkey 36-unit rental portfolio in Rosenthal, combining the scale of multifamily with the flexibility of individually titled real estate. Completed in 2023, this contiguous portfolio consists of 12 single-family homes, each purpose-built with three income streams: a 1,292 sqft 3BR / 2. 5BA main suite, a legal 527 sqft 1BR / 1BA basement suite, and a legal 504 sqft 1BR / 1BA garage suite above the double detached garage.
Modern finishes include quartz countertops, stainless steel appliances and separate laundry in each of the suites. Each property also enjoys its own fenced yard. Professionally managed with fixed-term leases and additional rental upside, this is a newer, performing asset designed for long-term ownership.
The 12 individual titles create something conventional multifamily cannot easily replicate: the ability to hold the portfolio as one income-producing asset while maintaining future flexibility to sell individual properties. Located near schools, the future Lewis Farms Rec Center, Costco, River Cree Resort and Casino, and the major employment hub of Acheson.
Property summary
- MLS® number
- 45559855
- Property type
- Multi-family
- Square footage
- 21,552 sq ft
- Land size
- 33105.6 square feet
- Built in
- 2022
- Parking
- 48 spaces
- Days on market
- 15 days
What would this home cost you?
Based on the $9,200,000 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 Professional Realty Group, 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.