10546 72 Avenue NW

Queen Alexandra · Edmonton, AB T6E 4T8

MLS® E4499205 · Listing courtesy of Royal Lepage Arteam Realty

$2,450,000

$2,559,000Reduced $109,000 (4.3%) on

4 bedrooms · 4 bathrooms · 4,914 sq ft · Built 2026 · Fourplex

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About this home

Purpose-built, turnkey investment in one of Edmonton's strongest rental corridors. Brand-new 4-plex with 4 legal basement suites in desirable Queen Alexandra, just minutes from the University of Alberta, built by the award winning Bloc 53 Developments. Offering 8 self-contained suites, 16 bedrooms, 14 bathrooms, and 4 single garages, this premium multi-family asset is separately metered for all utilities and is an ideal candidate for the CMHC MLI Select Program, with projected gross annual income of $166,000–$180,000. All suites include stainless steel appliances, modern finishes and the property comes fully landscaped. Seller will provide a recent appraisal and Phase I environmental report (approximately $7,000 in value), saving buyers time and due diligence costs. An outstanding turnkey investment in a high-demand rental location with exceptional cash flow and a strong tenant profile. Rare opportunity in one of Edmonton's most sought-after rental markets. (id:67053)

Property details

Property

List price
$2,450,000
Previous price
$2,559,000
Price reduced
Sept. 28, 2026 · $109,000 off
Style
Fourplex
Year built
2026
Living area
4,914 square feet
MLS® number
E4499205

Interior

Bedrooms
4
Bathrooms
4
Basement
Finished, Full, Suite
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, See remarks

Systems

Heating
Forced air

Parking

Parking
Detached Garage

Condo fee

Ownership
Freehold

City assessment

Assessed value
$698,000 (2025)
Assessment class
Residential

Lot & site

Lot size
724 m² (7,790 sq ft)
Lot features
Closet Organizers
Site influences
Closet Organizers, Public Swimming Pool
Community
Queen Alexandra

Rooms

Main level

  • Living room—
  • Dining room—
  • Kitchen—

Upper Level

  • Primary Bedroom—
  • Bedroom 2—
  • Bedroom 3—

Basement

  • Bedroom 4—

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