10848 74 Ave Edmonton, Alberta T6E 1G9
$2,900,000
$2.9m 10 multi-units at the University of Albertas Queen Alexandra community. Located next to the bus stop on 109 Street, this is an ideal investment for university students and downtown professionals seeking easy commuting options. 5-plex building on 10 units, 3-story height: 5 spacious Upper units featuring 3 bedrooms and 2.5 baths; 5 cozy Lower units with 1 bedroom and 1 bath. Units average $290,000 each—an outstanding value in this prime location. Benefit from an Assumable existing CMHC MLI mortgage with an approved loan amount of $2.6 million. This allows savings of approximately 2.5% ($65,000) on the CMHC’s new premium fees, plus a mortgage broker fee savings of about 1% ($26,000), maximizing your return. Estimated possession July - August 2026. Aiming students back to university for the fall Semester. (id:60367)
Property Details
| MLS® Number | 43871740 |
| Property Type | Multi-family |
Building
| ConstructedDate | 2025 |
| SizeInterior | 6525 Sqft |
Land
| Acreage | No |
| SizeIrregular | 5314.32 |
| SizeTotal | 5314.32 Sqft|under 1/2 Acre |
| SizeTotalText | 5314.32 Sqft|under 1/2 Acre |
https://www.realtor.ca/real-estate/29199571/10848-74-ave-edmonton
Interested?
Contact us for more information
Peter Chen
Associate
4107 99 St Nw
Edmonton, Alberta T6E 3N4
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 23 2025 01:26:17
Maxwell Polaris