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16423 99A Avenue, Edmonton, AB, T5R 1N9

Courtesy of Sarrah Malhotra of Initia Real Estate
MLS® # E4466800
House For Sale In Glenwood, Edmonton, Alberta
$2,099,999 QuickQuoteTM: Not Available

3+2 Beds

4 Baths

16423 99A Avenue, Edmonton, AB -
16423 99A Avenue, Edmonton, AB - Other
16423 99A Avenue, Edmonton, AB - Other
16423 99A Avenue, Edmonton, AB - Other
16423 99A Avenue, Edmonton, AB - Other
16423 99A Avenue, Edmonton, AB - Other
16423 99A Avenue, Edmonton, AB -
16423 99A Avenue, Edmonton, AB - Other
16423 99A Avenue, Edmonton, AB - Other
16423 99A Avenue, Edmonton, AB - Other
16423 99A Avenue, Edmonton, AB - Other
16423 99A Avenue, Edmonton, AB - Other
  • Advertising
16423 99A Avenue, Edmonton, AB, T5R 1N9
$2,099,999

5 Beds

4 Baths

Property Information:

This offering provides investors with the ability to control a $2.2 M 8-unit multifamily asset with exceptional leverage and strong rental fundamentals. Configuration: • 4 × 3-Bedroom Townhomes • 3 × LEGAL 1-Bedroom Basement Suites Located in Edmonton, Canada’s highest-performing rental markets. Through CMHC MLI Select, eligible buyers can secure: • Up to 95% loan-to-value • Extended amortizations • Improved cash flow and long-term stability Key Advantages: • Premium tenant demand • Fully legal, turnkey 8-unit structure • High leverage = strong projected ROI • Attractive option for portfolio expansion

Building Features:

  • Floor Space: 557 Metre

Property Features:

  • Amenities Features: On Street Parking, Parking-Extra
  • Appliances: Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two, Dishwasher-Two
  • Architectural Style: 2 Storey
  • Basement: Full, Finished
  • Basement Development: Fully Finished
  • Basement Type: Full
  • Building Type: Fourplex
  • Built in: 2025
  • Community Features: On Street Parking, Parking-Extra
  • Exterior Features: Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Transportation, Recreation Use, Schools, Shopping Nearby
  • Floor Space (approx): 557 Square Metres
  • Flooring: Vinyl Plank
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air-1, Natural Gas
  • Lot Shape: Rectangular
  • Lot Size: 686.99 Square Metres
  • Parking Features: Parking Pad Cement/Paved
  • Road Access: Paved
  • Roof: Asphalt Shingles
  • Site Influences: Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Transportation, Recreation Use, Schools, Shopping Nearby
  • Zoning: Zone 22

Courtesy of: Initia Real Estate

Data was last updated 2026-01-05 at 18:10

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the REALTORS® Association of Edmonton. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data on this website is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Information deemed reliable but not guaranteed.

Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.

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Market Price Trends

Single family detached

11.34%

Price change (1 year)

33.24%

Price change (5 years)

All Properties

11.22%

Price change (1 year)

32.93%

Price change (5 years)

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Location of 16423 99A Avenue, Edmonton, AB, T5R 1N9

Demographic Information of 16423 99A Avenue, Edmonton, AB, T5R 1N9

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$84,643.65

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.75 %

High school certificate or equivalent

31.47 %

Apprenticeship trade certificate/diploma

7.58 %

College/non-university certificate

19.79 %

University certificate (below bachelor)

0.71 %

University Degree

14.7 %

Commuter

Travel To Work

By Car

80.45 %

By Public Transit

11.37 %

By Walking

4.93 %

By Bicycle

0.02 %

By Other Methods

3.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

58.85 %

Houses

41.15 %

Own Vs. Rent

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