CMHC-MLI Select Approved 16 & 24 Unit Buildings
Edmonton ·
Overview
About CMHC-MLI Select Approved 16 & 24 Unit Buildings
Exceptional off-market opportunity in Queen Alexandra, Edmonton: two low-rise multifamily buildings offering 16 and 24 one-bedroom units, both CMHC/MLI Select approved. With as little as 5% down, investors can benefit from reduced interest rates, extended amortization, and strong cash flow from day one. Located near Whyte Avenue, the University of Alberta, and major amenities, these turnkey properties are in a high- demand rental area. Priced at $4,086,363 (16 units) and $6,398,943 (24 units), they offer immediate income and long-term upside. Ideal for investors seeking low-entry, stable, and scalable multifamily assets.
Address
10753 79 Ave NW, Edmonton, AB T6E 1S4, Canada
Home type
Building
Deposit
5% Down
Occupancy
Move in 2026
Why invest here
Platinum incentives
- ●Absolute first access to pricing and floor plans
- ●The best incentives and promotions
- ●Extended deposit structures
- ●Capped development levies
- ●Right of assignment
- ●Free lawyer review of your purchase agreement
- ●Free mortgage arrangements
Location & lifestyle
10753 79 Ave NW, Edmonton, AB T6E 1S4, Canada · Edmonton
What would this cost per month?
Mortgage estimate — CMHC-MLI Select Approved 16 & 24 Unit Buildings
Based on the starting price of $4M. Adjust the numbers to match the suite you're considering.
Amortization
Estimated payment
$17,693 /mo
or $8,166 bi-weekly
- Mortgage amount
- $3,200,000
- First payment — interest
- $11,863
- First payment — principal
- $5,831
- Total interest over term
- $2,108,005
Need land transfer tax and closing costs too? Open the full calculators.
More options
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