Total 8 units. 3-story 6680 sqft Corner Lot. Rare Opportunity in Laurier Heights (high-end community)! Laurier Heights offers scenic living on the west bank of the North Saskatchewan River Valley, recognized for its historic streets and proximity to the City’s Valley Zoo and river valley recreational areas. The well-designed 3-story height project is 8-units: 4 upper units(3-bed), 4 lower units(2-bed), and 3 single detached garages. The 4 spacious Upper units, each approximately 1,670 sq.ft., 3 beds, 2.5 baths, a bonus/flex room, and a rooftop balcony offering impressive city views—ideal for families or executive tenants seeking space and luxury. The 4 lower units are efficiently laid out with 2 beds, 1 full bath, living and dining areas, averaging 620 sq.ft. each—perfect for small families. Photos are 3D renderings. Excavation stage. Completion est. Summer/Fall 2026. Qualify for CMHC MLI Select program.More details
This purpose-built 4-plex with 8 legal rental suites is under construction and designed to MLI Select standards for efficiency and long-term value. Located two blocks from the LRT and directly across from a park in a quiet cul-de-sac, this is a rare opportunity for investors. The building is constructed with steel framing, ICF foundation, insulated slab, high-efficiency windows, and hardy board exterior with 30-year shingles. Interiors feature vinyl plank flooring (no carpet) and quality finishes throughout. Unit Mix: Basement Suites (4): 2 bedrooms, 1 bath, electric baseboard heating. Upper Units (4): 3 bedrooms, 2.5 baths, open concept kitchen & dining Additional highlights include full landscaping, fenced yard, insulated/drywalled 4-car garage, 4 surface parking stalls, and potential for extra parking revenue. A smart, durable, and efficient multi-family investment in a growing, transit-connected location.More details
Courtesy of Wassim Moustapha of Initia Real Estate
Status:
Active
MLS® Num:
E4451716
Bedrooms:
4
Bathrooms:
4
Floor Area:
4,862 sq. ft.452 m2
The quality and location you would expect when a multi-million dollar home builder builds a multi family project. 8 plex with 4 basement suites ( 1 bed) 2 ( 3 bed) and 2 (2 bedroom) above grade. Over 100K in upgrades including Walkout basement, upgraded Windows, Kitchen Aid Appliances, iron elements, vinyl flooring, upgraded tile package, quartz, countertops and MUCH more. Proudly built by Varsity Homes Ltd.. Be the landlord that rents for the most in the desirable neighborhood of Glenora. This project qualifies for CMHC MLI select. This project also has separate electrical, gas adn water meters as per MLI select requirements.More details
Brand-New 4-Plex in the Prime location of Jasper Park. Exceptional investment opportunity offering over 5,100+ sq.ft. above grade with 20 bedrooms and 16 bathrooms, designed for maximum cash flow. Each unit an open-concept main floor with living room, modern kitchen, laundry, dining area, and half bath. Upstairs includes 3 bedrooms, including a primary suite with walk-in closet and ensuite and additional bath. Large windows fill the home with natural light. Each basement offers a legal secondary suite (725 sq.ft.) with 2 bedrooms, full kitchen, and laundry, providing dual income potential. Ideally located near schools, shopping, and transit in a high-demand area, this property promises strong rental returns and lasting value.More details
Courtesy of Heather A Turner of Initia Real Estate
Status:
Active
MLS® Num:
E4465489
Bedrooms:
4
Bathrooms:
4
Floor Area:
4,448 sq. ft.413 m2
This brand-new, luxury 4plex (8-unit) investment is a turnkey, MLI Select-approved property in coveted Westmount. Known for historic prestige, excellent central access, ideal for professional or university commuters, and high walkability, it sits steps from 124 Street boutiques. The property features a high-demand mix of (4) 3 bed and (4) 1 bed units. Exterior finishes include precast steps, Hardi shakes, classic white brick, and stone tile. Inside, investor-grade finishes ensure durability: LVP flooring (no carpet), PVC slim shaker cabinets, roller blinds, railing, upgraded quartz, stainless steel appliances, silgranite sinks, designer lighting, and ceiling fans. For practical management, the property features forced air heated basements (no baseboard heat), triple pane windows, private entrances, is fully landscaped, and features four separate utility meters (4 gas/4 power), two single garages, and two paved surface stalls, and is protected by a full Builder’s Warranty.More details
Welcome to this upcoming CORNER LOT 4plex in the heart of Glenwood, Edmonton, offering an exceptional investment opportunity with multiple income streams. This stunning property features legal basement suites and a garage suite, for a total of 21 bedrooms, 15 bathrooms, and over 3,700 sq. ft. of living space (approx. 1,100 sq. ft. per main unit, not including the garage suite). Each basement includes a separate entrance to a ~600 sq.ft. legal secondary suite with 2 bedrooms, full kitchen, living room, bathroom, and in-suite laundry — ideal for generating rental income or multi-generational living. The garage suite adds even more versatility for investors or extended family with its own full bedroom and bathroom + kitchen and living. Located in a highly desirable neighborhood, this property is close to schools, shopping, public transportation, and playgrounds, making it attractive to both families and professionals. A fully landscaped yard will be provided for low-maintenance living.More details
16 beds/16 baths.Don’t miss this exceptional 4-plex investment opportunity in Edmonton, meticulously crafted by experienced infill builders. Each of the four legal suites includes a spacious 3-bed, 2.5-bath main unit plus a 1-bed, 1-bath legal basement suite—totaling 16 bedrooms & 16 bathrooms across 5,400+ sqft of above-grade living space. Currently under construction with a fall/winter 2025 closing, this property qualifies for the CMHC MLI Select Program & delivers projected monthly rents of $13,600+/- (exc.utilities), capitalizing on Alberta’s booming rental market. Premium upgrades elevate every unit: floor-ceiling cabinets, s/steel appliances, quartz countertops, 9’ ceilings, & oversized windows. The versatile basement suites are perfect for long-term tenants or high-earning Airbnb stays. Located mins from future LRT, schools, West Edmonton Mall, Misericordia Hospital, & downtown, this turnkey asset combines luxury, cash flow, and convenience. Act now—this high-CAP RATE property won't last long!More details
Courtesy of Wassim Moustapha of Initia Real Estate
Status:
Active
MLS® Num:
E4451703
Bedrooms:
4
Bathrooms:
4
Floor Area:
4,862 sq. ft.452 m2
The quality and location you would expect when a multi-million dollar home builder builds a multi family project. 8 plex with 4 basement suites ( 1 bed) 2 ( 3 bed) and 2 (2 bedroom) above grade. Over 100K in upgrades including Walkout basement, upgraded Windows, vinyl flooring, upgraded tile package, quartz, countertops and MUCH more. Proudly built by Varsity Homes Ltd.. Be the landlord that rents for the most in the desirable neighborhood of Forest Heights. One house away from Rowland Rd. with ample parking in front of house. This project qualifies for CMHC MLI select. This project also has separate electrical, gas adn water meters as per MLI select requirements. Approximate 6.0% ROI.More details
Nothing like this in the city! Under construction. Possession summer 2026. Purposely built for MLI select, but subdividable when you're ready for an exit by selling individually. Very large and livable units. Rentals are strong in the suburbs and the two most recently completed buildings on the same block have no vacancy. Close to all amenities, bus routes, the Garrison army base and the Anthony Henday make this location in high demand. The 3 bedroom large main upper units are perfect for a family and comand high rents due to the high end finishes, double attached garage and comfortable bonus room on the 2nd floor. Basement suites are laid out to optimize the perfect one bedroom unit with storage and high ceilings. A proven track record! Welcome Homes has been building homes and developing land in Edmonton since 1977. There are two similar buildings on the same block successfully insured with CMHC. Builder will assist with MLI application. CLICK THE MORE PHOTOS BUTTON FOR A VIDEO OF A VERY SIMILAR UNITMore details
Courtesy of Sunny Sahni of Latitude Real Estate Group
Status:
Active
MLS® Num:
E4459778
Bedrooms:
4
Bathrooms:
5
Floor Area:
4,896 sq. ft.455 m2
Brand New FOURPLEX in Westwood with 4 Legal Basement Suites and 4 Single Detached Garages – Prime Investment Opportunity! This property features 3 bedrooms and 2.5 bathrooms each at upper unit, welcomed by a modern open concept, the main floor features chefs kitchen with Appliances, living and dining space. LEGAL basement suite includes 1 Bedroom, Living Room, 1 Bathroom, Separate Laundry and Full Kitchens with Separate Entrances. Designed for high rental income or extended family living. Ideally located just minutes to Downtown Edmonton, Schools, Shopping, and Public Transit all within walking distance. Each unit spans Approx. 1200 sq ft above grade, plus 600 sq ft in the basement as per plan. It's Under Construction with possession scheduled for December 2025.More details
INVESTORS ** CMHC MLI INSURED! Welcome to this unique TENANTED GATED 8 plex in the heart of Glenwood!! A TOTAL OF 16 BEDROOMS & 14 BATHROOMS! END UNITS are bigger with additional WINDOWS!, Rare OVERSIZED LOT at 813 M2! Every unit has a COMMON area & upon entry you'll be greeted with a SPACIOUS VIBRANT open concept , kitchen is SPECTACULAR and MODERN with high cabinet ceilings, Quartz countertops, New appliances & Ample Space! UPSTAIRS youll have 3 good sized rooms, the main hallway has a 4pc bath, a Upstairs LAUNDRY that is convenient & with Extra Storage, the master bedroom has high 11 FT ceilings with a 3 PC Ensuite! Heading Downstairs from the common area, you have a FULLY FINISHED 1 Bed, 1 full bath BASEMENT SUITE, with a full extended kitchen, Big windows & A highly efficient IN-FLOOR HEATING SYSTEM! Built with Precision by MICHAEL HOMES finished in 2024, 45+ YEARS OF EXPERIENCE! Backing stony plain RD, FUTURE LRT! Next door to Medical center & a Daycare, Downtown 10 mins away! Schools are Closeby!More details
Data was last updated November 28, 2025 at 05:30 PM (UTC)
Data last updated on November 28, 2025 at 05:30 PM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.