Brand-New 8-Unit Development | Greenview, Mill Woods (Edmonton)
Protected Asset in a Zero-Competition Zone. Secure a rare, brand-new 9-plex on a prime corner lot in Edmonton’s historic Riverdale neighborhood—where strict zoning prevents new apartment construction, safeguarding your rental demand and capital growth long-term.
Financial Summary & Asset Highlights
- Purchase Price: $2,093,000
- Down Payment (5%): $104,650
- Net Annual Cash Flow: $28,750 / Year
- Cap Rate: 6.14%
- Debt Service Coverage Ratio (DSCR): 1.27
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The Edmonton Economic Moat: Industrial & Tech Catalysts
Edmonton’s job market is experiencing rapid expansion, driving continuous influxes of new residents into an alr
eady tight rental market:
- $100B+ Regional Investment: Massive capital inflows landing in the Edmonton region across AI infrastructure, data centers, hydrogen, and logistics.
- Major Corporate Megaprojects: Anchored by Meta's $13 Billion data center campus and Dow's Net-Zero petrochemical complex.
- Sustained Rental Demand: Thousands of high-paying technical and industrial jobs creating a permanent pool of tenants seeking premium housing.
Property Features & Location Advantages
Recession-Resistant Hospital Tenant Pool
Located directly next door to the Grey Nuns Community Hospital, providing a constant, stable pipeline of healthcare workers, nurses, and medical staff looking to rent close to work.
Prime Transit & Park Connectivity
Positioned just minutes from the new Valley Line LRT station for seamless citywide commuting, and steps away from the expansive green space of Jackie Parker Park.
Zero Capital Expenditures (15–20 Year Horizon)
Because the building is 100% brand new, you incur zero major capital costs for roof replacement, window updates, or HVAC maintenance for the next 15 to 20 years.
Request the Full Investor Package
Edmonton’s job market is experiencing rapid expansion, driving continuous influxes of new residents into an alr
eady tigAht rental market:
