275499697122842
16423 99A Avenue NW Edmonton, AB T5R 1N9
Listing Courtesy of: REALTORS® Association of Edmonton / Initia Real Estate / Shikha M Prashanth

  16423 99A Avenue NW Edmonton, AB T5R 1N9

Active
$2,199,999 (CAD)
5
BED
4
BATH
5,996
SQFT
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Description

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 2-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

MLS®:
E4466800
Type
Multifamily
Year Built
2025
Style
2 Storey

Listed By

Shikha M Prashanth, Initia Real Estate
Source
REALTORS® Association of Edmonton
Last checked Dec 5 2025 at 7:43 AM MST
Bathroom Details
  • Full Bathrooms: 3
  • Half Bathroom: 1
Interior Features
  • Amenities: Refrigerators-Two
  • Amenities: Dryer-Two
  • Amenities: Stoves-Two
  • Amenities: Washers-Two
  • Amenities: Dishwasher-Two
  • Additional Rooms: Bedroom Second Kitchen Second Living Room
Lot Information
  • Landscaped
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Forced Air-1
  • Natural Gas
Basement Information
  • Full
  • Finished
Exterior Features
  • Roof: Asphalt Shingles
Parking
  • Parking Pad Cement/Paved
Stories
  • 2
Living Area
  • 5,996 sqft
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Disclaimer: Copyright 2024 REALTORS® Association of Edmonton IDX. Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®). 12/4/25 23:43

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