COMPLETING SUMMER 2026 – A rare opportunity in King Edward Park to acquire a newly built, income-generating 7-unit 4plex designed for long-term performance and strong returns. Spanning over 4,900 sq ft, this high-quality build offers 16 bedrooms & 12 bathrooms, with premium finishes throughout—luxury vinyl plank, quartz counters, stainless steel appliances, 9 ft ceilings, and upgraded fixtures. Each upper unit includes 3 beds, 2 baths & in-suite laundry, while basement suites are fully self-contained 1 bed, 1 bath legal units with separate entries, full kitchens, and laundry. Estimated rents over $11,500/month with a projected cap rate of approx. 5.5%, making this asset ideal for CMHC MLI SELECT. A turnkey multi-family investment built to outperform. (id:2493)
Data was last updated August 2, 2025 at 11:15 AM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$714,950
Min list price:
$189,900
Max list price:
$2,099,000
Avg days on market:
32
Min days on market:
1
Max days on market:
182
Avg price per sq.ft.:
$317.6
These statistics are generated based on the current listing's property type
and located in
King Edward Park. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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