11323 106 ST NW - Photo 1 of 46, Edmonton, Alberta
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$2,099,000

11323 106 ST NW — Edmonton, Alberta

T5G2P6

4Beds
4Baths
5,567Sq Ft
3Parking
2025Built

About This Property

Brand new 4-plex with 8 fully legal units in central Edmonton! Each main unit features 3 bedrooms, 2.5 baths, and 1,395 sq ft, plus a fully self-contained 1 bedroom, 1 bath basement suite (686 sq ft) with separate entrance and in-suite laundry. Modern finishes throughout, separate utility meters, and parking included. Projected gross rent of $163,200/year with 5–6% cap rate potential. Ideally located near NAIT, Royal Alexandra Hospital, downtown, and major transit routes. No rent control, low property taxes, and a strong rental market make this a perfect turnkey investment. Future condo title potential. A rare opportunity for cash-flow-focused buyers in one of Canada’s most landlord-friendly markets. (id:63357)

Property Location

Property Details

Property Type
Detached
Bedrooms
4
Bathrooms
4
Half Baths
1
Living Area
5,567 sqft
Year Built
2025
Stories
2.0
Status
Active

Location & Neighborhood

What's nearby 11323 106 ST NW

Parks & Recreation

POI data updated 2/4/2026

Edmonton Market Snapshot

4,350

Active Listings

$452K

Median Price

0

Avg Days on Market

Last updated: Feb 25, 2026

Listed by

Initia Real Estate

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$2,099,000