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MLS® 45564630 · Multi-family

$1,990,000

11818 37 Street

Edmonton · Alberta · T5W2B8

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Listing status: Active— beds— baths6817 square feetBuilt 2026

Property photographs

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About this property

BRAND NEW 7-UNIT MULTI-FAMILY - MLI SELECT POTENTIAL - EDMONTONExceptional opportunity to acquire a brand-new 7-unit multi-family property in Edmonton featuring a highly desirable mix of 2-, 3- and 5-bedroom suites, modern finishes and strong projected income.The property offers approximately 6,817 sq. ft. of total building area on a 575.65 m² lot, with stainless-steel appliances, spacious living areas, private outdoor/deck areas, stacked laundry, individual heating/hot water systems and HRV ventilation.Projected gross revenue of $148,200 annually and NOI of $107,525, with an underwriting value of $2,050,000 and projected 5.25% cap rate.The project may qualify for CMHC MLI Select financing, subject to lender and CMHC approval, potentially providing enhanced financing terms and leverage.New construction, diversified rental income and family-oriented suite sizes make this an attractive long-term investment opportunity.Landscaping and finishing touches in progress. (id:65883)

Location

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Property summary

MLS® number
45564630
Listing status
Active
Listing price
$1,990,000
Listed on
2026-09-04
Last updated
2026-10-27
Property type
Multi-family
City
Edmonton
Floor area
6817 square feet
Lot size
6197.5233 square feet
Year built
2026
Listing brokerage
MaxWell Polaris

Condo & HOA / association fees

HOA / association fee
Not provided in the listing feed
Payment frequency
Not provided in the listing feed
Reported fee includes
Coverage not provided in the listing feed

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Heating & cooling

Fireplace
No
REALTOR.ca source listing ↗

Source: MLS® listing via REALTOR.ca DDF®. Listed by MaxWell Polaris. Information is believed reliable but should be independently verified. Measurements and availability may change.

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11818 37 Street · MLS® 45564630

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11818 37 Street · MLS® 45564630

Tell us how you are planning to buy, whether you have mortgage pre-approval, whether you are working with an agent, and your preferred showing dates and time windows.

Share general purchase preferences only. Please do not include bank details, identification, or financial documents.