16423 99A Avenue, Edmonton, AB, T5R 1N9

Courtesy of Sarrah Malhotra of Initia Real Estate

$2,099,999

MLS® # E4466800

House For Sale In Glenwood, Edmonton, Alberta

$2,099,999

  • 5

    Bedrooms

  • 4

    Baths

  • 686.99 Square Metres

    Lot Size

Property Information:

This offering provides investors with the ability to control a $2.2 M 8-unit multifamily asset with exceptional leverage and strong rental fundamentals. Configuration: • 4 × 3-Bedroom Townhomes • 3 × LEGAL 1-Bedroom Basement Suites Located in Edmonton, Canada’s highest-performing rental markets. Through CMHC MLI Select, eligible buyers can secure: • Up to 95% loan-to-value • Extended amortizations • Improved cash flow and long-term stability Key Advantages: • Premium tenant demand • Fully legal, turnkey 8-unit structure • High leverage = strong projected ROI • Attractive option for portfolio expansion

Building Features:

  • Floor Space: 557 Metre

Property Features:

  • Bedrooms: 3+2
  • Bathrooms: 3+1
  • Amenities Features: On Street Parking, Parking-Extra
  • Appliances: Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two, Dishwasher-Two
  • Architectural Style: 2 Storey
  • Basement: Full, Finished
  • Basement Development: Fully Finished
  • Basement Type: Full
  • Building Type: Fourplex
  • Built in: 2025
  • Community Features: On Street Parking, Parking-Extra
  • Exterior Features: Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Transportation, Recreation Use, Schools, Shopping Nearby
  • Floor Space (approx): 557 Square Metres
  • Flooring: Vinyl Plank
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air-1, Natural Gas
  • Lot Shape: Rectangular
  • Lot Size: 686.99 Square Metres
  • Parking Features: Parking Pad Cement/Paved
  • Road Access: Paved
  • Roof: Asphalt Shingles
  • Site Influences: Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Transportation, Recreation Use, Schools, Shopping Nearby
  • Zoning: Zone 22

Courtesy of: Initia Real Estate

Data was last updated 2026-01-05 at 18:10

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