4 Bedroom
4 Bathroom
4,904 ft2
Bungalow
Forced Air
$2,099,000
COMPLETING SUMMER 2026 – A rare opportunity in King Edward Park to acquire a newly built, income-generating 7-unit 4plex designed for long-term performance and strong returns. Spanning over 4,900 sq ft, this high-quality build offers 16 bedrooms & 12 bathrooms, with premium finishes throughout—luxury vinyl plank, quartz counters, stainless steel appliances, 9 ft ceilings, and upgraded fixtures. Each upper unit includes 3 beds, 2 baths & in-suite laundry, while basement suites are fully self-contained 1 bed, 1 bath legal units with separate entries, full kitchens, and laundry. Estimated rents over $11,500/month with a projected cap rate of approx. 5.5%, making this asset ideal for CMHC MLI SELECT. A turnkey multi-family investment built to outperform. (id:61585)
Property Details
MLS® Number
|
E4439695 |
Property Type
|
Single Family |
Neigbourhood
|
King Edward Park |
Amenities Near By
|
Schools, Shopping |
Features
|
See Remarks, Lane |
Building
Bathroom Total
|
4 |
Bedrooms Total
|
4 |
Amenities
|
Ceiling - 9ft |
Appliances
|
See Remarks |
Architectural Style
|
Bungalow |
Basement Development
|
Finished |
Basement Features
|
Suite |
Basement Type
|
Full (finished) |
Constructed Date
|
2025 |
Construction Style Attachment
|
Detached |
Half Bath Total
|
1 |
Heating Type
|
Forced Air |
Stories Total
|
1 |
Size Interior
|
4,904 Ft2 |
Type
|
House |
Parking
Land
Acreage
|
No |
Land Amenities
|
Schools, Shopping |
Size Irregular
|
556.35 |
Size Total
|
556.35 M2 |
Size Total Text
|
556.35 M2 |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Basement |
Bedroom 4 |
|
|
Measurements not available |
Basement |
Second Kitchen |
|
|
Measurements not available |
Main Level |
Living Room |
|
|
Measurements not available |
Main Level |
Dining Room |
|
|
Measurements not available |
Main Level |
Kitchen |
|
|
Measurements not available |
Main Level |
Laundry Room |
|
|
Measurements not available |
Upper Level |
Primary Bedroom |
|
|
Measurements not available |
Upper Level |
Bedroom 2 |
|
|
Measurements not available |
Upper Level |
Bedroom 3 |
|
|
Measurements not available |