This fully leased 6-unit apartment building in the high-demand rental corridor is the kind of asset investors wait for. Positioned in one of Edmonton’s most central and tenant-active neighborhoods, this property offers immediate income with clear upside. Each suite is consistently occupied, creating stable, predictable cash flow from day one, while still presenting a compelling opportunity for rental optimization as leases turn over. Inside, functional layouts and practical finishes cater to a broad tenant base, supporting long-term occupancy and minimizing vacancy risk. Outside, the property continues to deliver value with a double garage and additional surface parking. An increasingly sought-after feature that enhances tenant convenience and supports premium rent potential. The surrounding area is defined by strong fundamentals, with a close proximity to the Royal Alexandra Hospital and Northern Alberta Institute of Technology, ensuring a steady pool of renters. Whether you’re expanding your portfolio or securing an affordable, reliable multi-family asset with upside, this is a strategic acquisition in a proven rental location. (id:41440)
MLS®:
44931934
Lot Size
3,920 SQFT
Type
Multifamily
Year Built
1912
Listed By
Drew N. Kardash, Professional Realty Group
Source CREA Last checked May 22 2026 at 7:30 PM GMT+0000
Disclaimer: The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 5/22/26 12:30
Description