Multi-family
$2.9m 10 multi-units at the University of Albertas Queen Alexandra community. Located next to the bus stop on 109 Street, this is an ideal investment for university students and downtown professionals seeking easy commuting options. 5-plex building on 10 units, 3-story height: 5 spacious Upper units featuring 3 bedrooms and 2.5 baths; 5 cozy Lower units with 1 bedroom and 1 bath. Units average $290,000 each—an outstanding value in this prime location. Benefit from an Assumable existing CMHC MLI mortgage with an approved loan amount of $2.67 million. This allows savings of approximately 2.5% ($65,000) on the CMHC’s new premium fees, maximizing your return. Estimated possession July - August 2026. Aiming to get students back to university for the fall Semester. (id:6769)
Lot
5314.32
Year Built
2025
Peter Chen
(780) 545-8888
MaxWell Polaris
(780) 450-6300
The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Listing data last updated date: 2026-05-05 03:40:53
