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Lea Alexander - Sterling Real Estate
PO Box 355, Fallis, Alberta
P: 780-910-2940
F: 587-851-5666
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Listing Details

For more information on this listing or other please contact me.

Courtesy of Nationwide Realty Corp.
Data was last updated 2025-06-25 at 20:18:11 GMT
$2,600,000

10021 89 Avenue   Edmonton, Alberta

MLS®: E4473353
URL:    
CMHC MLI Select eligible investment opportunity in prime Strathcona, facing the river and park in Edmonton! This brand-new 4-plex offers  above-grade 3-bedroom, 2.5-bath residences (~1,505 sq ft each) complemented by ~700 sq ft basement?ideal for long-term tenants or high-performing short-term rentals?each 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.
CMHC MLI Select eligible investment opportunity in prime Strathcona, facing the river and park in Edmonton! This brand-new 4-plex offers above-grade 3-bedroom, 2.5-bath residences (~1,505 sq ft each) complemented by ~700 sq ft basement?ideal for long-term tenants or high-performing short-term rentals?each 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.

Listing Information

Prop. Type:
Quadruplex
Property Style:
3 Storey
Status:
Active
City:
Edmonton
MLS® Number:
E4473353
Bedrooms:
3
Neighbourhood:
Strathcona
Area:
Edmonton
Province:
Alberta
Listing Price:
$2,600,000

General Information

Year Built:
2026
Total Square Feet:
6020ft2

Additional Information

Basement Dev:
Full, Finished
Parking:
See Remarks

VIP-Only Information

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This property is listed by Nationwide Realty Corp and provided here courtesy of Lea Alexander . For more information or to schedule a viewing please contact Lea Alexander .
Lea Alexander
Sterling Real Estate
Phone: 780-910-2940
Mobile Phone: 780-910-2940
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
This site's content is the responsibility of Lea Alexander , licensed REALTOR® in the Province of Alberta.
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The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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