Purpose-built, turnkey investment in one of Edmonton's strongest rental corridors. Brand-new 4-plex with 4 legal basement suites in desirable Queen Alexandra, just minutes from the University of Alberta, built by the award winning Bloc 53 Developments. Offering 8 self-contained suites, 16 bedrooms, 14 bathrooms, and 4 single garages, this premium multi-family asset is separately metered for all utilities and is an ideal candidate for the CMHC MLI Select Program, with projected gross annual income of $166,000–$180,000. All suites include stainless steel appliances, modern finishes and the property comes fully landscaped. Seller will provide a recent appraisal and Phase I environmental report (approximately $7,000 in value), saving buyers time and due diligence costs. An outstanding turnkey investment in a high-demand rental location with exceptional cash flow and a strong tenant profile. Rare opportunity in one of Edmonton's most sought-after rental markets.More details
Courtesy of Ray Elwenni of Royal Lepage Arteam Realty
Welcome to Queen Alexandra! Exceptional investment opportunity offering 3 self-contained legal living spaces w/ outstanding income potential! This property features a LEGAL Basement Suite & a LEGAL Garage Suite featuring 6 bedrooms & 5.5 bathrooms across the whole property. Totalling over 3,400 SQFT of fully finished living space. The main residence showcases an open-concept layout w/ modern finishes, a stylish kitchen featuring quality cabinetry, QUARTZ countertops, stainless steel appliances, luxury Vinyl Plank flooring, Central AC & ROOFTOP PATIO! The LEGAL BASEMENT SUITE offers its own private SIDE ENTRANCE, contemporary KITCHEN, 2 bedrms, laundry area & 4pc bath! The LEGAL GARAGE SUITE is fully self-contained w/ its own KITCHEN, living area, bedroom & laundry, creating an excellent rental opportunity. This turnkey property in an excellent location offers multiple income streams while minimizing vacancies. Conveniently located near schools, shopping, parks, public transit, and major commuter routes!More details
INVESTOR ALERT! A rare investment opportunity in a PRIME LOCATION just off Whyte Avenue and near the University of Alberta. Built in 2015 and exceptionally well maintained, this modern property features 7 spacious bedrooms and 6 full bathrooms, including 4 ensuite bathrooms—3 on the second floor and 1 in the basement. The basement has a separate entrance, offering added privacy and convenient access. Recent upgrades include central air conditioning with a smart thermostat (2024), plus a new refrigerator, stove, and dryer (2025). Two separate washer and dryer sets serve the upper level and basement. Featuring quality finishes and abundant natural light, this home offers a spacious and functional layout. Conveniently located near public transit, shopping, restaurants, Whyte Avenue, and the University of Alberta. The generous bedroom count, multiple private bathrooms, thoughtful layout, and desirable central location make this a distinctive property.More details
GREAT LOCATION!...QUEEN ALEXANDRA! - near hospital, river valley, university & downtown...LEGAL SUITE IN FULLY FINISHED BASEMENT WITH SIDE ENTRANCE...Main floor boasts hardwood floors & 9' ceilings, flex/den, 3 pce bath, gorgeous kitchen w/island, granite counters, stainless steel appliances & pantry, large great room with gas fireplace. The garden door opens onto the deck leading to a landscaped backyard with double detached garage. Loft & three bedrooms upstairs. Beautiful primary bedroom w/5 pce ensuite & walk-in closet, 4 pce family bath & stacked washer/dryer. BASEMENT DEVELOPMENT has LEGAL SUITE, with separate side entrance, and has two bedrooms, 3 pce bath, living room, kitchen & its own separate washer & dryer. Great additional income! ~!WELCOME HOME!~More details
PRIME INVESTMENT OPPORTUNITY in highly desirable QUEEN ALEXANDRA! This LEGAL FOUR-UNIT property is ideally positioned in one of Edmonton’s most consistently sought-after rental areas, just minutes from the UNIVERSITY OF ALBERTA, Whyte Ave, transit, shopping, restaurants & countless amenities. The property features FOUR SELF-CONTAINED UNITS—three 1-bedroom, 1-bath suites plus one 2-bedroom, 1-bath suite—each offering a functional layout and bright living space. FULLY TENANTED, this well-maintained property provides immediate rental income and an excellent opportunity to add a proven multi-unit asset to your portfolio. With its CENTRAL LOCATION, strong tenant appeal and proximity to major employment, education & entertainment hubs, this is an exceptional opportunity for investors seeking both CASH FLOW & LONG-TERM POTENTIAL in one of Edmonton’s established central neighbourhoods.More details
Put your next investment to work in Queen Alexandra! This renovated up/down duplex with RM h16 zoning, offers rental appeal today & multi-unit redevelopment potential for the future. The spacious main floor features 2 bdrms + an office, a bright living room, generous windows & a well-equipped kitchen—an inviting layout for tenants who want room to live and work. Downstairs, 2 bdrms, a kitchen & a 4-pc bath create a comfortable 2nd living space. Separate furnaces & electrical meters add operating flexibility, while shared laundry serves both levels. A fenced, low-maintenance yard, deck, detached garage & rear parking enhance everyday convenience. Collect rental income while exploring the longer-term possibilities of this approximately 33 x 132 ft lot. A compelling combination of updated accommodation & land potential in an established neighbourhood. Improvements: Full basement renovation, roof (home/garage), landscaping + fence & windows (2024), sewer line (2025), lower-level furnace (2026) & much moreMore details
INVESTOR ALERT! Located in the desirable community of Queen Alexandra and zoned RM h16, this updated 1,032 sq. ft. bungalow offers 5 bedrooms, 2 bathrooms, a separate entrance, and excellent potential.The main floor features a bright living and dining area with coved ceilings and an original decorative mantel fireplace. The updated kitchen offers two-tone cabinetry, stainless steel appliances, and a white tile backsplash. Two bedrooms and a full bathroom complete the main level.The fully finished basement is accessible through a separate entrance and features a second living area, second kitchen, three additional bedrooms, a 3-piece bathroom, and shared laundry. Notable upgrades include a new high-efficiency furnace (2026), roof shingles (2014), basement windows (2014), and a double detached garage (2014). Conveniently located near Whyte Avenue, the University of Alberta, public transit, shopping, schools, and other amenities.More details
Discover this immaculate, free-standing 1,968 sq. ft. detached condo offering a unique design, abundant natural light, and spacious living throughout. Ideally located just minutes from the University Hospital, U of A, and countless amenities. This residence features a living room with a fireplace and vaulted ceilings ~ floor to ceiling windows, a renovated kitchen that opens onto a private deck, three bedrooms, a versatile bonus upper bonus space, and a third-floor loft ideal for a home office or retreat. The bright lower level includes large windows and is fantastic recreation space. A double attached garage adds everyday convenience. A truly one-of-a-kind property offering low-maintenance living in an exceptional location. Condo corp paid upgrades: Full shingle replacement (2013), 40 US Gal HWT replacement (2016), Garage overhead door replacement (2019), H.E. Furnace (2020), Exterior grading (2021), landscaping refresh (2024) / Owner paid upgrade: Central A/C (2021) No pet or age restrictions.More details
Courtesy of Dana M Bradley of Royal Lepage Arteam Realty
Queen Alexandra is one of Edmonton's most sought-after neighbourhoods, and this home is built to match it. Tree-lined streets, front porches, neighbours who actually wave. Walking distance to Whyte Ave's best restaurants, coffee shops, and boutiques, with every amenity you need close at hand. This two-storey offers a total of 4 bedrooms, 3.5 bathrooms, and a thoughtfully designed layout built for real life. The lower level adds a fully self-contained space with its own separate entrance, a generous bedroom, full bathroom, large kitchen, and open living and dining area. Whether it's extended family, out of town guests, or simply flexible space that adapts as your life changes, it's ready for whatever you need it to be. Double detached garage, new roof and hot water tank replaced in 2021, and 2,379 sq.ft. of total living space round out a home that genuinely has it all. Some neighbourhoods are a compromise. This one isn't.More details
BEAUTIFULLY UPDATED BUNGALOW IN A FABULOUS LOCATION - close to Whyte Ave, the River Valley and the University of Alberta, with a short drive to Downtown! This home offers the perfect mix of updates and original charm, starting with a 2024 kitchen renovation featuring an induction stove, quartz counters and cabinets. Traditional hardwood floors and original plaster details in the living room and bedrooms add character throughout the main level, which also includes two bedrooms, a primary with oversized built-in closets. The lower level offers an additional bedroom and a 3-piece bathroom, perfect for guests or family. Enjoy central air and newer windows (2016/2017) for year-round comfort, plus 2023 shingles and a 2023 furnace for peace of mind. Outside, a newer oversized, insulated and heated double garage with 100 amp service and a 3.8kW solar PV system add exceptional value, while the updated front porch and back deck offer a great spot to relax. A must see!More details
Opportunity knocks!! Don't miss this 54' x 133' lot in Queen Alexandra. Just south of the U of A campus, this convenient and quiet location offers a solid rental option until you are ready to build your dream home. This also makes a prime infill investment opportunity in a desirable neighborhood, surrounded by tree lined streets, parks, schools and established homes. Excellent transit access with nearby bus routes provides a quick commute to the University or Downtown. All amenities including medical services, cafes & groceries are close by. Perfect for families looking to customize their ideal home in a well connected community. *SOME PHOTOS ARE VIRTUALLY STAGED*More details
Courtesy of Laura Green of Royal LePage Noralta Real Estate
Old world charm beats in the heart of the university area. This 1310 SF turn of the century 1912 two storey is nestled on a tree lined cul-de-sac. Zoned for RF3. 32' X 132' lot. Incredibly private quiet location yet a few blocks off Calgary Trail. A short distance to the University of Alberta, elementary and high schools. With a "walkability" score in the 90s - plus caring longtime residents/neighbours - the vibe here is like a warm cup of tea. A peaceful place to rest after a long day. The living room boasts gleaming bevelled wide plank engineered hardwood. The kitchen was renovated approx. 15 years ago and overlooks a beautiful garden! Upstairs there are two bedrooms - one extra large primary from when there had been a third bedroom. The shingles are in great shape. The exterior of the home was painted four years ago and the deck is approx. six years young. 100 amp electrical. O/S HEATED 21 X 24 DOUBLE GARAGE. Huge shed in the back.More details
Data was last updated October 15, 2026 at 03:30 AM (UTC)
Data last updated on October 15, 2026 at 03:30 AM (UTC).
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.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.