11323 106 ST NW, Edmonton, Alberta T5G2P6

11323 106 ST NW
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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.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, See remarks
BasementFinished, Full, Suite
Bathrooms Partial1
Bathrooms Total4
Bedrooms Total4
HeatingForced air
Living Area5567 sqft

Building & Exterior

Building FeaturesCeiling - 9ft, Vinyl Windows
Parking FeaturesParking Pad
Stories2.0
Year Built2025

Land & Location

City RegionSpruce Avenue
Community FeaturesPublic Swimming Pool
Lot FeaturesLane, Exterior Walls- 2x6", No Animal Home, No Smoking Home
Parcel NumberZZ999999999

Listing & Financials

Listing OfficeInitia Real Estate
Originating System NameREALTORS® Association of Edmonton

Other Specifications

Common InterestFreehold
CountryCanada
Parking Total3
Security FeaturesSmoke Detectors

For Sale

$2,099,000

11323 106 ST NW, Edmonton, Alberta T5G2P6

Beds

4

Baths

4

Living Area

5,567 sqft

Lot Size

-

Property Type

Fourplex

Year Built

2025

Listing IDE4468078

Location & Map

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