Floor plan for NW - 11323 106 ST, Edmonton Alberta T5G2P6
11 hours on Market

NW - 11323 106 ST, Edmonton, Alberta T5G2P6

Detached
3 + 1
4 + 1
~5567 sqft
$2,200,000
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Detached
3 + 1
4 + 1
~5567 sqft

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Highlights

Property Estimate

Days on market11 hours

Estimated valueNot available

Price/Sqft$395/sqft

Monthly cost

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Description

Brand new 4-plex with 8 fully legal units in central Edmonton! Each main unit features 3 bedrooms, 2.5 baths, and 1,395 sq ft, plus a fully self-contained 1 bedroom, 1 bath basement suite (686 sq ft) with separate entrance and in-suite laundry. Modern finishes throughout, separate utility meters, and parking included. Projected gross rent of $163,200/year with 5–6% cap rate potential. Ideally located near NAIT, Royal Alexandra Hospital, downtown, and major transit routes. No rent control, low property taxes, and a strong rental market make this a perfect turnkey investment. Future condo title potential. A rare opportunity for cash-flow-focused buyers in one of Canada’s most landlord-friendly markets. (id:39198)


Property Details

StyleFourplex
View-
Age of property2025
SqFt~5567 SqFt
Lot Size-
Parking Spaces3
MLS ®NumberE4446094
Community NameSpruce Avenue
Data SourceCREA
Listing byInitia Real Estate

Features

Heating: Forced air
Basement: Finished, Full, Suite

Upper Level Floor

Primary Bedroom

Bedroom 2

Bedroom 3


Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Jul 5, 2025
ListedActive
$2,200,000
11 hours on market
history photo preview9
Listing by crea®
Property listed by Initia Real Estate, Brokerage
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Market Data - Spruce Avenue

Geo Zone Map ThumbnailSpruce Avenue

Strong Seller's Market

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Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

0 day

2023

0 day

2022

0 day

New Listings

Past 30 days

9 listings

Compared to

2024

6 listings

2023

0 listing

2022

1 listing

Units sold

Past 30 days

0 unit

Compared to

2024

0 unit

2023

0 unit

2022

0 unit

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 1582
Average household income $100,612

Age (%)

0 to 19
18%
20 to 34
23%
35 to 49
22%
50 to 64
21%
65 and plus
16%

Household composition (%)

Single family
46%
Single person
39%
Multi person
14%
Multi family
0%

Mother tongue (%)

English
78%
Tagalog (Pilipino, Filipino)
4%
Yue (Cantonese)
3%
Vietnamese
3%
Others
2%
Spanish
2%
Polish
2%
French
2%
Arabic
1%

House tenancy (%)

Renters
56%
Owners
44%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

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