Designed with the CMHC MLI Select Program in mind, this purpose-built 19-unit townhome development in Glenora offers investors a rare opportunity in one of Edmonton’s most established neighbourhoods. Thoughtfully laid out across two buildings — one featuring attached-garage suites and the other modern street-front townhomes — the project delivers a total of 36 bedrooms and 19 full baths, built for long-term durability and strong rental appeal. Situated just off 142 Street and less than ten minutes to downtown, residents benefit from walkable access to schools, shops, parks, and the river valley. Glenora is consistently ranked among Edmonton’s top communities, with low vacancy and high demand for quality rental housing. With completion anticipated in early 2026, this project combines the advantages of MLI Select financing with prime location fundamentals, making it an exceptional addition to any investment portfolio.
Address
14035&14039 106 Ave NW NW
List Price
$6,700,000
Property Type
Commercial Sale
Transaction Type
Sale
Area
Edmonton
Sub-Area
Glenora
Year Built
2025
MLS® Number
E4457472
Listing Brokerage
Exp Realty
Postal Code
T5N 1B3
Zoning
Zone 11
Construction Materials
Wood Frame