A rare investment opportunity of 4-plex featuring 4 legal basement suites, providing 8 self-contained residential units on a sought-after corner lot in Ottewell. Each main residence features 3 bedrooms, 2 full bathrooms and a main-floor powder room.Each secondary suite offers 2 bedrooms, 1 bathroom. Designed with modern finishes, stainless steel appliances, quartz countertops, cabinetry and durable vinyl flooring. Contemporary exterior features stucco, luxury stone and siding. Fully landscaped with all appliances, blinds included and separately metered utilities. The project is eligible for CMHC MLI Select financing, offering an attractive opportunity for investors seeking favourable multi-family financing options. Projected gross annual income of approximately $165,000–$180,000. Conveniently located near schools, parks, playgrounds, transit, shopping, major roadways and Edmonton’s River Valley. An exceptional turnkey investment opportunity in an established community.
Address
6716 97 AV NW
List Price
$2,300,000
Property Type
Residential
Type of Dwelling
Quadruplex
Style of Home
2 Storey
Transaction Type
Sale
Area
Edmonton
Sub-Area
Ottewell
Bedrooms
5
Bathrooms
4
Half Bathrooms
1
Floor Area
5,110 Sq. Ft.
Lot Size
7595.45 Sq. Ft.
Lot Shape
Irregular
Year Built
2026
MLS® Number
E4507556
Listing Brokerage
Nationwide Realty Corp
Postal Code
T6B 1C5
Zoning
Zone 18
Parking
Parking Pad Cement/Paved
Community Features
Ceiling 9 ft., Closet Organizers, Infill Property
Exterior Features
Corner Lot, Fenced, Landscaped, Public Transportation, Schools, Shopping Nearby
Interior Features
ensuite bathroom
Heat Type
Forced Air-1, Natural Gas
Construction Materials
Wood, Stucco, Vinyl
Direction Faces
South
Foundation Details
Concrete Perimeter
Garage Type
No
Roof
Asphalt Shingles
Access To Property
Paved
