New-Build 8-Plex Multifamily Property in Edmonton
Acquire an exclusive new-build 8-plex multi-family infill property situated in Edmonton’s highly desirable Sherbrooke/Calder area. Engineered for low maintenance, high tenant retention, and immediate positive cash flow under CMHC’s MLI Select financing framework.
Exclusive Financing Incentive
- Purchase Price: $2,150,000
- Total Units: 8 Units
- Down Payment (5%): $107,500
- Cap Rate: 5.18%
- Debt Service Coverage Ratio (DSCR): 1.26
Got an MLI Select Quote? We will beat it up by up to $25,000!
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Property & Asset Features
This purpose-built, institutional-quality asset combines premium architectural finishes with limited local supply to consistently attract top-tier tenants and protect your rental rates. Additionally, separate utility metering and durable construction ensure ongoing operational expenses and maintenance are kept to an absolute minimum.
- High-End Architectural Finishes: Built with durable, modern exterior paneling and premium interior finishes.
- Separate Utility Metering: Tenants pay their own utilities, keeping operational expenses low.
- Institutional-Quality Asset: Purpose-built infill construction designed for maximum efficiency and minimal ongoing repairs.
- Limited New Supply: High barriers to entry for new infill developments in this pocket keep tenant demand high and protect rental rates.
Location Advantages & Tenant Drivers
Minutes from NAIT Campus
Located just minutes from the Northern Alberta Institute of Technology (NAIT), housing a built-in tenant pool of over 40,000+ students, faculty, and academic staff.
Industrial & Commercial Employment Hub
Direct access to Edmonton's Northwest Industrial Hub and Yellowhead Trail, attracting a stable base of skilled blue-collar workers and young professionals.
Transit & Amenities
Walkable access to local parks, schools, and grocery shopping, paired with direct connection to the Metro Line LRT for effortless commuting across Edmonton.
