Courtesy of Shikha M Prashanth of Initia Real Estate
16423 99A Avenue
Edmonton
T5R 1N9
$2,199,999
Single Family
beds: 5
baths: 4.0
7,998 sq. ft.
built: 2025
- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- E4466800
- Bedrooms:
- 5
- Bathrooms:
- 4
- Year Built:
- 2025
* Sold date and price are as reported on the RAE’s MLS® system
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This offering provides investors with the ability to control a $2.2 M 8-unit multifamily asset with exceptional leverage and strong rental fundamentals. Configuration: • 4 × 3-Bedroom Townhomes • 3 × LEGAL 2-Bedroom Basement Suites Located in Edmonton, Canada’s highest-performing rental markets. Through CMHC MLI Select, eligible buyers can secure: • Up to 95% loan-to-value • Extended amortizations • Improved cash flow and long-term stability Key Advantages: • Premium tenant demand • Fully legal, turnkey 8-unit structure • High leverage = strong projected ROI • Attractive option for portfolio expansion
- Property Type:
- Single Family
- Dwelling Type:
- Quadruplex
- Home Style:
- 2 Storey
- Total Floor Area:
- 7,997.65 sq. ft.
- Price Per SqFt:
- $275.08
- Total area above grade.:
- 7,998 sq. ft.
- Secondary Suite:
- Yes
- 2nd Suite Permit By Seller:
- Yes
- Separate Entrance:
- Yes
- Lot Area:
- 7,394.7 sq. ft.
- Lot Shape:
- Rectangular
- Grade Level Entry:
- Yes
- Levels:
- 2
- Exposure / Faces:
- East
- Year built:
- 2025 (Age: 0)
- Bedrooms:
- 5 (Above Grd: 3)
- Bathrooms:
- 4.0 (Full:3/Half:1)
- Total Rooms Above Grade:
- 6
- Plan:
- 5874HW
- Building Type:
- 4PLEX
- Construction:
- Wood, Vinyl
- Foundation:
- Concrete Perimeter
- Basement:
- Full, Finished
- Basement Development:
- Fully Finished
- Roof:
- Asphalt Shingles
- Floor Finish:
- Vinyl Plank
- Heating:
- Forced Air-1, Natural Gas
- Parking:
- Parking Pad Cement/Paved
- Garage:
- No
- Ensuite:
- Yes
- Garage Suite:
- No
- On Street Parking, Parking-Extra
- Jasper Park
- Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Transportation, Recreation Use, Schools, Shopping Nearby
- On Street Parking, Parking-Extra
- Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Transportation, Recreation Use, Schools, Shopping Nearby
- ensuite bathroom
- Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two, Dishwasher-Two
- None Known
- Private
- Floor
- Type
- Size
- Other
- Main
- Living Room
- Measurements not available
- -
- Main
- Dining Room
- Measurements not available
- -
- Main
- Kitchen
- Measurements not available
- -
- Floor
- Ensuite
- Pieces
- Other
- Upper Level(s)
- -
- 5
- Upper Level(s)
- -
- 4
- Main
- -
- 2
- Basement
- -
- 4
- Seller Rights Reserved:
- Yes
- Zone:
- Zone 22
- Zoning:
- Zone 22
- Title to Land:
- Fee Simple
- Legal Lot:
- 6
- Road Access:
- Paved
- LINC Number:
- 0016525703
- Days On Website:
- 3 day(s)
-
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Data was last updated November 28, 2025 at 09:30 PM (UTC)
Area Statistics
- Listings on market:
- 69
- Avg list price:
- $659,900
- Min list price:
- $200,000
- Max list price:
- $2,499,900
- Avg days in system:
- 31
- Min days in system:
- 1
- Max days in system:
- 172
- Avg price per sq.ft.:
- $400.45
These statistics are generated based on the current listing's property type
and located in
Zone 22. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- YINKA BALOGUN
- Initia Real Estate
- 1 (780) 9513207
- Contact by Email