For Sale

Property Details

  • Property Type: Multifamily - Infill
  • Neighbourhood: Inglewood
  • Suite Mix: 4 Townhomes, 4 Basement Suites
  • Year Built: 2025
  • Parking: Garage (4 stalls) & Street
  • Zoning: Small Scale Residential (RS)
  • List Price: $2,480,000 ($310,000/unit)
  • Structure Wood-Frame

Location Overview

The Property’s location in the Central Edmonton community of Inglewood provides easy access to many amenities and major roadways in the City. This mature neighbourhood holds a healthy mix of demographics as it contains many single-family homes, multiple seniors housing developments, and numerous apartment rentals along 124th Street. Inglewood Elementary school, with sports fields, playground and the community league is only 300 meters from the Property. The prominent 118th avenue commercial corridor sits one block north of the Property and provides services such as a gas station, day care and barber shop. Retail amenities include fast food chains, liquor stores, convenience stores and restaurants.

This location is also a short distance from two major shopping malls, large anchoring retailers and recreational amenities. Westmount Mall and Kingsway Mall are both within a 2 km radius of the Property and contain both small retailers and national anchoring chains such as The Home Depot, Safeway, Dollarama, Homesense and Shoppers Drug Mart. The brand-new Coronation Sports and Recreation Centre and fully renovated Peter Hemingway Leisure Centre are both a 5-minute drive from the Property. Opening in early 2026, this community and sports hub will feature a swimming pool, fitness centre, sports courts, Velodrome, running track and spin studio.

Investment Highlights

High-Leverage Financing Opportunity

The Property offers an opportunity for purchasers to secure high leverage MLI Select financing, up to 95% LTV with a 50-year AM, resulting in an equity requirement of less than $150,000. The Vendor has agreed to allow the purchaser to conduct the lease-up themselves, providing the purchaser full control to achieve their own market rents, optimizing long-term yield.

Prime Central Location

The Property offers excellent walkability and transit access to central Edmonton’s key employment and retail districts. Nearby schools, parks, and community services support strong appeal among family-oriented tenants. The Property is within a 5-minute drive to Edmonton's key districts such as Kingsway Mall, Royal Alex Hospital, and Downtown Edmonton.
Fully Equipped Luxury Suites

Each unit includes full appliance packages, in-suite laundry, and spacious, efficient layouts. High-quality finishes are chosen to attract premium rents while reducing ongoing maintenance costs. Functional design helps support rent stability. Additional tenant amenities include covered garage parking, private decks, and fenced yard areas.

Strong Market Rentability

The Property’s new construction, efficient suite mix, and central infill location enable it to achieve top-of-market rents. These attributes support strong lease-up performance and long-term yield by enhancing tenant retention and minimizing turnover.

Downloads

Inglewood 8-Plex Brochure

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