Attention investors! Introducing Olympia, a brand-new 6-unit triplex development located in Queen Mary Park, just minutes from downtown Edmonton. This purpose-built property offers approximately 5,600 sq. ft. of living space, with six self-contained, separately metered units designed for strong rental demand. The unit mix includes two 3-bedroom units, one unit with dual primary bedroom suites, two legal 2-bedroom suites, and one 1-bedroom unit, appealing to a broad tenant base. Features include quartz countertops, vinyl plank flooring, stainless steel appliances, 9-ft ceilings, landscaping, and a detached triple garage, plus ample on-site and street parking. CMHC MLI Select qualified, requiring as little as 5% down, with projected annual rental income of approximately $138,000. Estimated completion Q3 2026. Prime location within walking distance to Kingsway Mall, Royal Alexandra Hospital, NAIT, LRT, and major amenities.
Address
11347 111 AV NW
List Price
$1,858,888
Property Type
Residential
Type of Dwelling
Triplex
Style of Home
2 Storey
Transaction Type
Sale
Area
Edmonton
Sub-Area
Queen Mary Park
Bedrooms
10
Bathrooms
12
Half Bathrooms
3
Floor Area
3,738 Sq. Ft.
Lot Size
6100.66 Sq. Ft.
Lot Shape
Rectangular
Year Built
2026
MLS® Number
E4469231
Listing Brokerage
Real Broker
Postal Code
T5G 0C8
Zoning
Zone 08
Parking
Triple Garage Detached
Community Features
Off Street Parking, On Street Parking, Ceiling 9 ft., Closet Organizers, Detectors Smoke, No Animal Home, No Smoking Home, Parking-Extra, Smart/Program. Thermostat, HRV System
Exterior Features
Commercial, Golf Nearby, Landscaped, Level Land, Low Maintenance Landscape, Playground Nearby, Public Transportation, Shopping Nearby, See Remarks
Interior Features
ensuite bathroom
Heat Type
Forced Air-1, Natural Gas
Construction Materials
Wood, Metal, Vinyl, See Remarks
Direction Faces
North
Foundation Details
Concrete Perimeter
Garage Type
Yes
Roof
Asphalt Shingles
Access To Property
Paved Driveway to House
