$2,099,000
11150 118 St Nw
Edmonton · Alberta · T5G2W7
Property photographs
About this property
CMHC MLI ELIGIBLE MULTIFAMILY OPPORTUNITY! Under Construction fourplex with three legal basement suites located at 118 Street. This modern infill project offers a total of 7 rental units and is ideally suited for investors seeking CMHC-backed financing and long-term rental performance.The building provides a total of 16 bedrooms, 12 full bathrooms, and 4 half bathrooms across approximately 4,487.07 sq.ft. of total developed space. Each upper unit features 3 bedrooms and 2.5 bathrooms, while each basement suite offers 1 bedroom and 1 full bathroom, creating a highly desirable rental mix for families and professionals alike.Projected gross rental income is approximately $14,200 per month, offering strong cash flow potential. The site includes 4 uncovered surface parking stalls with rear lane access.This project is configured as a fourplex with three legal secondary suites, delivering excellent density while maintaining low construction complexity — ideal for CMHC MLI financing strategies.Architectural design showcases contemporary urban styling with durable, low-maintenance exterior finishes, optimized for long-term rental ownership. Located in a central Edmonton infill location with convenient access to transit, major roadways, employment centers, and established residential communities.Tentative possession: Early 2027. (id:65883)
Location
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Property summary
- MLS® number
- 44178075
- Listing status
- Active
- Listing price
- $2,099,000
- Listed on
- 2026-09-17
- Last updated
- 2026-10-22
- Property type
- Multi-family
- City
- Edmonton
- Floor area
- 4487 square feet
- Lot size
- 6198.9727 square feet
- 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
Heating & cooling
- Fireplace
- No
Building & parking
- Parking spaces
- 4
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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11150 118 St Nw · MLS® 44178075
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11150 118 St Nw · MLS® 44178075