MAX BORRELLI 780-940-3800

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	No Floor Plan Available		$2,600,000 MLS® #:  E4473353 Address:  10021 89 Avenue Size: 6,020 sq. ft. Days On Website:  ACCESS Days on Website Neighbourhood Tour Email to a Friend Mortgage Calculator Printable Version Google Maps Schedule a Showing Contact MAX For viewing call 780-940-3800

Descriptions:

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.