Data Last Updated March 13, 2026, 5:20 pm

 
Courtesy of Sarrah Malhotra Initia Real Estate

Jasper Park 2 Storey
Bedrooms 5 Bathrooms 3 Parking Other
No Floor Plan Available
$2,099,999
MLS® #:  E4466800
Address:  16423 99A Avenue
Size: 5,996 sq. ft.
Days On Website:  ACCESS Days on Website

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For viewing call 780-217-2718

Descriptions:

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: o 4 ž 3-Bedroom Townhomes o 3 ž LEGAL 1-Bedroom Basement Suites Located in Edmonton, Canada's highest-performing rental markets. Through CMHC MLI Select, eligible buyers can secure: o Up to 95% loan-to-value o Extended amortizations o Improved cash flow and long-term stability Key Advantages: o Premium tenant demand o Fully legal, turnkey 8-unit structure o High leverage = strong projected ROI o Attractive option for portfolio expansion

Includes: Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two, Dishwasher-Two
Site Influences:
Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Transportation, Recreation Use, Schools, Shopping Nearby
Legal Description:
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Location & Listing Info:
Neighbourhood: Jasper Park
Lot Shape: Rectangular
Zone: Zone 22
Property Info:
Property Type: 4PLEX
Home Style: 2 Storey
Year Built: 2025
Total Floor Area: 5,996 sq. ft.
Front Exposure: East
Exterior:
Exterior: Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Transportation, Recreation Use, Schools, Shopping Nearby
Front Exposure: East
Roof: Asphalt Shingles
Financial & Possession:
Monthly Fee: ACCESS Monthly Fee
Rooms:
Total Bedrooms: 5  (Bedrooms Above: 3)
Bathrooms: Full: 3 / Half: 1
Rooms Above: 6
Additional Info:
Heating: Y
Basement: Full, Finished
Basement Type: Full, Finished
Floor Finish: Vinyl Plank
Parking: Parking Pad Cement/Paved
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For viewing call 780-217-2718
Contact Cathy Cookson -
201, 5607 - 199 Street, Edmonton, Alberta, T6M 0M8
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Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated March 13, 2026, 5:20 pm.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.

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