$5,990,000

Investment For Sale In Canora, Edmonton, Alberta

$5,990,000

Property Information:

New 29-unit multifamily project designed for affordable, stable tenancy. About 67% of units rent below $1,100/month—well under Edmonton’s 2024 average of $1,300 for one-bedrooms—offering strong occupancy potential. Prime location within a 5-minute walk to the future LRT station, with schools and shopping nearby. Completion scheduled for the end of 2026—an excellent opportunity to secure a modern, low-maintenance investment property in a growing Edmonton area. Great benefit - Buyer to assume already approved 3.75% (low rate) CMHC MLI Select mortgage and saved about 2.5% ($135,000) additional (new) CMHC premium fee. Contact for more details. Photos are virtual renderings. Exterior siding might be different (id:27)

Property Features:

  • Property Type: Multi-family
  • Built in: 2025
  • Irregular: Yes
  • Lot Size: 7382.38 Square Feet

Courtesy of: MaxWell Polaris

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.