Active
$1,700,000
Edmonton
Edmonton
MLS® #45188951
- 3,919 Sqft
- 5,496 square feet
- Built 2026
- Multi-family
- ✓ Newer Build
- ✓ Spacious Layout
- ✓ Real Lot Size Listed
ATTENTION BUILDERS, DEVELOPERS, AND INVESTORS! Exceptional infill opportunity in premium West Meadowlark. This prime 50 x 110 lot comes with a FULLY APPROVED DEVELOPMENT PERMIT for a high-density, high-yield 6-unit project, allowing you to pour concrete almost immediately and target a completed project timeline by Summer 2027. Strategically and meticulously designed to align with CMHC MLI Select financing criteria to maximize your leverage and long-term cash flow, this project features two stunning 2-storey side-by-side duplex units boasting 1,500 sq. ft. above grade, 9 ceilings, quartz countertops, upgraded fixtures, and 3 bedrooms each. The plans further include two fully finished basement suites with an additional 720 sq. ft. of living space, 2 bedrooms down, and private separate access, alongside two double detached garages featuring premium, 1-bedroom self-contained garden suites built directly on top—complete with full kitchens, quartz countertops, and in-unit laundry. Designed for ultimate tenant comfort and utility efficiency, the approved mechanicals feature 6 on-demand high-efficiency hot water tanks, 3 A/C units, 2 new furnaces, and 3 linear gas fireplaces. Nestled on a beautiful, family-friendly street lined with mature trees, this high-demand rental pocket sits in an unbeatable location just minutes from West Edmonton Mall, schools, parks, and the brand-new LRT expansion line. The heavy lifting has been done for you—secure this turn-key development site today and step right into Edmonton’s lucrative infill market! (id:66619)
Features
Interior
3,919 sqft
Lot
5,496 square feet
Year Built
2026
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
Interested in this property?
Contact Kirsten Bernal for more information or to arrange a showing.
Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.
