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Investment Highlights

  • Walking Distance to Mount Pleasant School & transportation
  • Brand new Construction
  • 4 Bedroom Main Suites

Executive Summary

QUALITY NEW CONSTRUCTION by PREMIER BUILDER ALAIR HOMES! This 8-unit multi-family complex in the desirable Pleasantview community! Just steps away from Mount Pleasant School (K to 6 with Cogito Program). This property offers an exceptional investment opportunity and is a great addition to your real estate portfolio. This modern 3-STOREY build features a versatile unit mix, of (4) spacious 4-bedroom+den & 3.5-bathroom above-grade units (~1,580 Sqft) and (4) comfortable 2-bedroom, 1-bathroom basement suites (~644 Sqft). High-quality finishes throughout, such as QUARTZ COUNTERS, LVP FLOORING, and in-suite laundry in every unit. Residents enjoy a 5-car parking pad in the back. Perfectly situated on 106 St with a bus-stop out front, easy access to amenities such as Southgate Shopping centre, and close to the U of A; this prime legacy asset is poised for income generation & future appreciation.**Property will qualify for the new 100% GST rebate, purchaser to consult their accountants/advisors***Ready Nov 2026

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (USD) Annual Per SF (USD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (USD)
Annual $99,999
Annual Per SF $9.99
Other Income (USD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (USD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (USD)
Annual $99,999
Annual Per SF $9.99
Taxes (USD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (USD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (USD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (USD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,991,801 USD
Price Per Unit $248,975 USD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.16 AC
Construction Status Under Construction
Building Size 6,320 SF
Average Occupancy 0%
No. Stories 4
Year Built 2026
Parking Ratio 0.79/1,000 SF

Amenities

Unit Amenities

  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet
  • Den
  • Vinyl Flooring
  • Quartz Countertops

Site Amenities

  • Private Bathroom
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
70/100
  • Listing ID: 39238527

  • Date on Market: 1/28/2026

  • Last Updated:

  • Address: 6039 106 St NW, Edmonton, AB T6H 2T5

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