Updated side by side duplex with 5 LEGAL SUITES. Both main Floor units offer two bedrooms and one 4pc bath with vinyl plank flooring, renovated kitchen, newer windows and a large 10x15 deck off the master bedroom. The lower level has two one bedroom suites, one bachelor suite and a laundry room. garage has been converted to storage space for tenants. Building upgrades include two new furnaces, two new hot water tanks and new Shingles in 2020. This is a fantastic investment opportunity for a first time investor or someone building their portfolio. Easy to rent in the area and lots of amenities nearby.More details
Courtesy of David G Parker of Northfield Commercial
Status:
Active
MLS® Num:
E4452115
Build. Type:
Walk Up
Welcome to Ace Manor! This is a six-suite apartment building is located at 6704 - 131A Avenue in Edmonton, Alberta, in the neighborhood of Balwin. It is a two and a half story walk-up, wood-frame construction building with balconies. It was built in 1971. Parking is surface and gravel. The suite mix is 1 one-bedroom suite and 5 two-bedroom suites. Newer roof, windows, balconies and patio doors.More details
Courtesy of Norbert Raimundo of Homes & Gardens Real Estate Limited
Status:
Active
MLS® Num:
E4442362
Build. Type:
Commercial Mix
CLEAN AND WELL LOCATED AFTER THIS MULTI-TENANTED MIXED USED COMMERCIAL TWO STORY BUILDING SECOND FLOOR CONSIST OF 3 ONE BEDROOM AND ONE BACHELOR , MAIN TWO RETAIL SPACES ONE RETAIL SPACE IS LEASED UNTIL JUNE FIRST 2026 WITH WITH A OPTION PERIOD SPACE NUMBER 2 USED BY THE OWNER ,BUILDING HAS HAD MANY UPGRADES OVER THE YEARS . CLOSE TO COMMUNITY SHOPS AND SERVICES MINUTES AWAY BY FOOT MIXED COMMERCIAL- RESIDENTIAL PAVED PARKING LOT AND FULLY FENCED, WITH GATE AND PLUGS FOR THE TENANTS LOT ALSO HAS A DRAIN ,BUILDING FACES 95 ST ACROSS FROM SHOPPING CENTER AND DOWNTOWN AUTO GREAT OPPORTUNITY FOR A FIRST TIME INVESTOR IDEAL FOR A DAYCAREMore details
Fully rented or full of potential — this Strathcona multi-suite property delivers both. With a proven rental track record, this 10-bedroom setup is currently structured with two spacious 2-bed/1-bath units upstairs and six individually addressed furnished rooms below — a setup highly sought after by U of A students and long-term renters alike. The home features major mechanical upgrades including four high-efficiency furnaces, updated plumbing, electrical, and fire protection systems, plus vinyl plank flooring throughout. Historically near full occupancy, the upstairs units alone have consistently covered the mortgage, making this an ideal hold with immediate cash flow or a candidate for infill redevelopment, MLI Select, or strategic TLC. With walkability to the river valley, transit, and campus, this is affordable housing in a prime location — stable, flexible, and loaded with opportunity.More details
Courtesy of Anna Trojanowicz of Century 21 All Stars Realty Ltd
Status:
Active
MLS® Num:
E4454248
Build. Type:
Multi Tenant/Multi Plex
Exceptional Investment Opportunity or Seller can enter into a TRIPLE NET HEAD LEASE for entire building. Better than average return on investment. Quality fully Renovated turnkey 6 generous-sized units, 3-one bedroom and 3-two bedrooms (ideal suite mix). Total of living space 5,038.72 sq. ft. Amenities include; ample of parking, security system, common laundry room. Close to schools, shopping, restaurants, parks, and public transportation. This building has been well maintained , shows pride of ownership. All suites separately metered for electrical, water, waste & gas. This is a rare opportunity to acquire a high potential multi family property in a desirable location. Zoned: 2.40 RM Medium Scale Residential. All income and expense numbers are proforma numbers. Pricing & Superb Return on investment, makes it ideal for first time investors or seasoned investors by increasing your multi-family unit count portfolio. Amazing income potential. Financials available to qualified serious buyers. MUST SEE!!!More details
Rare Investment Opportunity in the Heart of Downtown Edmonton! This fully upgraded and meticulously maintained 21-unit rooming house offers exceptional income potential, with a net annual profit of over $100K. A true standout in the city, the property features secure fob access, coin-operated laundry, four shared bathrooms (two per floor), and a professionally managed tenant base with long-term occupancy averaging 8 years. The basement includes in-floor heating, dedicated storage, a workshop, and an office area. Ownership includes the land, and with significant renovations already completed, this turnkey building is a low-maintenance, high-reward asset for any savvy investor.More details
Courtesy of Pam Gill of Sutton Central Commercial Real Estate
Status:
Active
MLS® Num:
E4440905
Build. Type:
Low Rise (2-4 stories)
This is a 2.5 story, wood-frame construction complex. Hot water heating system. Roof was replaced once. Hot water tank replaced in 2018. Each unit has 3 appliances. Large suite sizes. One of the 2 bedroom units is a bi-level style with 1.5 bath. All upper units have a balcony. Units have been upgraded on turnover. Very well maintained. Professionally managed. Gross income over $98,000 annually. 5.39% cap rate.More details
Exceptional 9-unit multi-family investment opportunity in Queen Mary Park! Ideally located within walking distance to the LRT, Rogers Place & the Ice District, Brewery District, Grant MacEwan University, and NAIT. This well-maintained building features large renovated suites with laminate & vinyl flooring, 10 refrigerators, 9 stoves, an updated boiler, 9 parking stalls, brick & stucco exterior, newer windows, and a well-kept tar & gravel roof. This sought-after central location ensures strong rental demand from students, professionals, and urban residents, with excellent transit access and proximity to major redevelopment projects. A rare chance to secure a quality income property with both stable returns and long-term growth potential.More details
Fantastic investment property - 5 units plus a studio apartment building located on prestigious University Avenue in Garneau! Superb location - 3 blocks from Whyte Ave and walking distance to U of A and university hospital. Built in 2018, this apartment building has great exterior elevation and high quality interior finishes. Each unit has a living room, one bedroom, one full bath, kitchen with granite countertops and stainless steel appliances, dining room and in-suite laundry with washer/dryer. Two units on upper level; two units on main level; basement has another unit plus a studio, & utility room. Separate power meter for each unit. Great property to add into your portfolio!More details
Fantastic investment opportunity in Strathcona - newly built 6 units multi-family building on a quiet street close to Mill Creek Ravine with quick commute to YEG Downtown! Each unit has own separate entrance from outside with TWO bedrooms plus a living room, one full bath, kitchen with granite countertops and stainless steel appliances, and in-suite laundry with washer/dryer. Two units on each level. Great investment property to add into your portfolio!More details
Courtesy of Vikaas K Kwatra of Century 21 Smart Realty
Status:
Active
MLS® Num:
E4442816
Build. Type:
Multi Tenant/Multi Plex
Incredible Investment Opportunity in the Heart of Grovenor! Falls under MLI Select Program. This under-construction infill multi-family triplex includes brand new appliances , is located in Edmonton’s most desirable neighbourhoods—Grovenor, known for its tree-lined streets, strong community, and proximity to downtown. Each of the unit includes a legal basement with SEPERATE ENTRANCE. The two unit legal basement suites feature 2 bedrooms, 1 full bath, & kitchen. The middle legal unit basement includes 2 bedrooms, 1 full bath, and a bar setup—ideal for added flexibility. The main floor of each unit offers den (which can converted into bedroom) and half bath, and an open-concept kitchen with separate living and dining areas. The upper level boasts 3 bedrooms and 2 full baths. This is the perfect property for you if you were planning to expand your rental portfolio , this property delivers space, income, and long-term value. A rare chance to secure a high-potential income property in a high-demand area!More details
Six newly constructed turnkey suites situated in the highly sought after community of Grovenor, this rare multi-family asset offers a prime investment opportunity in a tightly held market. Completed in 2023 with a Built Green Certification. A stabilized asset offering immediate, consistent returns with minimal leasing risk. The property has been professionally managed and is located in the established and highly regarded community of Grovenor. Central location with easy access to 107th Avenue, Stony Plain Road, 149th Street, and 142nd Street, offering excellent connectivity across the city. Future development of the Valley Line LRT is only steps away from the residence making it ideal for students and young professionals. Triple detached garage with fully fenced yard landscaped with mulch.More details
Data was last updated August 30, 2025 at 01:30 PM (UTC)
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Data last updated on August 30, 2025 at 01:30 PM (UTC).
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