Courtesy of Dustin Beech of Initia Real Estate
11323 106 ST
Edmonton
T5G 2P6
$2,099,000
Single Family
beds: 4
baths: 4.0
5,567 sq. ft.
built: 2025
- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- E4468078
- Bedrooms:
- 4
- Bathrooms:
- 4
- Year Built:
- 2025
* Sold date and price are as reported on the RAE’s MLS® system
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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 Type:
- Single Family
- Dwelling Type:
- Quadruplex
- Home Style:
- 2 Storey
- Total Floor Area:
- 5,566.6 sq. ft.
- Price Per SqFt:
- $377.07
- Total area above grade.:
- 5,567 sq. ft.
- Secondary Suite:
- Yes
- 2nd Suite Permit By Seller:
- Yes
- Separate Entrance:
- Yes
- Lot Shape:
- Rectangular
- Grade Level Entry:
- Yes
- Levels:
- 3
- Exposure / Faces:
- East
- Year built:
- 2025 (Age: 0)
- Bedrooms:
- 4 (Above Grd: 3)
- Bathrooms:
- 4.0 (Full:3/Half:1)
- Total Rooms Above Grade:
- 3
- Plan:
- 686HW
- Building Type:
- 4PLEX
- Construction:
- Wood, Vinyl
- Foundation:
- Concrete Perimeter
- Basement:
- Full, Finished
- Basement Development:
- Fully Finished
- Roof:
- Asphalt Shingles
- Floor Finish:
- Carpet, Vinyl Plank
- Heating:
- Forced Air-2, Natural Gas
- Parking:
- Parking Pad Cement/Paved
- Total Parking Spaces:
- 3
- Garage:
- No
- Ensuite:
- Yes
- Garage Suite:
- No
- Garden Suite:
- No
- Ceiling 9 ft., Detectors Smoke, Exterior Walls- 2"x6", No Animal Home, No Smoking Home, Vinyl Windows
- Spruce Avenue
- Back Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
- Ceiling 9 ft., Detectors Smoke, Exterior Walls- 2"x6", No Animal Home, No Smoking Home, Vinyl Windows
- Back Lane, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
- ensuite bathroom
- Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer, See Remarks
- None Known
- Private
- Floor
- Ensuite
- Pieces
- Other
- Upper Level(s)
- -
- 4
- Upper Level(s)
- -
- 4
- Main
- -
- 2
- Lower Level(s)
- -
- 4
- Seller Rights Reserved:
- No
- School Bus:
- Yes
- Zone:
- Zone 08
- Zoning:
- Zone 08
- Title to Land:
- Fee Simple
- Legal Lot:
- 6
- Road Access:
- Paved
- LINC Number:
- 0013408323
- Days On Website:
- 2 day(s)
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Data was last updated December 14, 2025 at 09:30 AM (UTC)
Area Statistics
- Listings on market:
- 33
- Avg list price:
- $425,000
- Min list price:
- $229,000
- Max list price:
- $2,300,000
- Avg days in system:
- 74
- Min days in system:
- 2
- Max days in system:
- 212
- Avg price per sq.ft.:
- $370.9
These statistics are generated based on the current listing's property type
and located in
Zone 08. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Matt Ridyard
- Initia Real Estate
- 1 (780) 232-7015
- Contact by Email
- Garett McLean
- Initia Real Estate
- 1 (780) 271-7846
- Contact by Email
Office Address:
#201, 11823-114 Avenue
Edmonton, AB, T5G2Y6