CMHC MLI Select eligible investment opportunity in prime Strathcona, facing the river and park in Edmonton! This brand-new 4-plex offers 8 fully legal units, including 4+4 spacious above-grade 3-bedroom, 2.5-bath residences (~1,505 sq ft each) complemented by ~800 sq ft basement suitesâideal for long-term tenants or high-performing short-term rentalsâeach with a separate entrance & in-suite laundry. This multifamily complex will deliver 20 beds and 16 baths, crafted by an experienced infill builder recognized for exceptional quality and modern design. To be completed by August 2026, the property is projected to generate approximately $16,000 per month exc utilities, with an estimated annual net income of $61,000 (including principal), offering both strong cash flow and long-term appreciation potential. Premium finishes include floor-to-ceiling cabinetry, quartz countertops, oversized windows and refined contemporary detailing throughout, all just steps from river valley trails, parks, schools, shopping. (id:27476)
