PRIME INVESTMENT OPPORTUNITY in highly desirable QUEEN ALEXANDRA! This LEGAL FOUR-UNIT property is ideally positioned in one of Edmonton’s most consistently sought-after rental areas, just minutes from the UNIVERSITY OF ALBERTA, Whyte Ave, transit, shopping, restaurants & countless amenities. The property features FOUR SELF-CONTAINED UNITS—three 1-bedroom, 1-bath suites plus one 2-bedroom, 1-bath suite—each offering a functional layout and bright living space. FULLY TENANTED, this well-maintained property provides immediate rental income and an excellent opportunity to add a proven multi-unit asset to your portfolio. With its CENTRAL LOCATION, strong tenant appeal and proximity to major employment, education & entertainment hubs, this is an exceptional opportunity for investors seeking both CASH FLOW & LONG-TERM POTENTIAL in one of Edmonton’s established central neighbourhoods.
Property Type:
Single Family
Dwelling Type:
Quadruplex
Home Style:
2 Storey
Total Floor Area:
2,325.78 sq. ft.216 m2
Price Per SqFt:
$278.62
Total area above grade.:
2,326 sq. ft.216.07 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Grade Level Entry:
No
Levels:
3
Exposure / Faces:
North
Year built:
1945
(Age: 81)
Bedrooms:
5
(Above Grd: 4)
Bathrooms:
4.0
(Full:4/Half:0)
Total Rooms Above Grade:
10
Plan:
4400R
Building Type:
4PLEX
Construction:
Wood, Vinyl
Foundation:
Block, Brick, Stone
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Carpet, Linoleum, Vinyl Plank
Heating:
Baseboard, Natural Gas, Water
Parking:
Stall, See Remarks
Garage:
No
Ensuite:
No
Detectors Smoke, Hot Water Natural Gas, See Remarks
Northwest
Queen Alexandra
Back Lane, Flat Site, Golf Nearby, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Detectors Smoke, Hot Water Natural Gas, See Remarks
Back Lane, Flat Site, Golf Nearby, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Data was last updated October 15, 2026 at 01:30 AM (UTC)
Area Statistics
Listings on market:
150
Avg list price:
$624,950
Min list price:
$305,000
Max list price:
$4,299,000
Avg days in system:
41
Min days in system:
1
Max days in system:
649
Avg price per sq.ft.:
$440.9
These statistics are generated based on the current listing's property type
and located in
Zone 15. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.