Attention investors! Introducing Olympia, a brand-new 6-unit triplex development located in Queen Mary Park, just minutes from downtown Edmonton. This purpose-built property offers approximately 5,600 sq. ft. of living space, with six self-contained, separately metered units designed for strong rental demand. The unit mix includes two 3-bedroom units, one unit with dual primary bedroom suites, two legal 2-bedroom suites, and one 1-bedroom unit, appealing to a broad tenant base. Features include quartz countertops, vinyl plank flooring, stainless steel appliances, 9-ft ceilings, landscaping, and a detached triple garage, plus ample on-site and street parking. CMHC MLI Select qualified, requiring as little as 5% down, with projected annual rental income of approximately $138,000. Estimated completion Q3 2026. Prime location within walking distance to Kingsway Mall, Royal Alexandra Hospital, NAIT, LRT, and major amenities. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
3,738 sq. ft.347 m2
Community:
Queen Mary Park
Features:
Ceiling - 9ft
Security Features:
Smoke Detectors
Structure Type:
Triplex
Appliances Included:
Washer, Refrigerator, Gas stove(s), Dishwasher, Dryer, Oven - Built-In, Hood Fan, Window Coverings, Garage door opener, Garage door opener remote(s)
Bedrooms:
10
Bathrooms:
12.0
Half Bathrooms:
3
Fireplace:
No
Heating:
Forced air
# Storeys:
2.0
Basement:
Finished, Full, Suite
Lot Size:
6,101 sq. ft.567 m2
Lot Details:
566.77
Lot Features:
See remarks, Closet Organizers, No Animal Home, No Smoking Home, Level
Data was last updated October 2, 2026 at 10:15 PM (UTC)
Area Statistics
Listings on market:
46
Avg list price:
$219,900
Min list price:
$95,900
Max list price:
$1,858,888
Avg days on market:
39
Min days on market:
1
Max days on market:
463
Avg price per sq.ft.:
$240.65
These statistics are generated based on the current listing's property type
and located in
Queen Mary Park. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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