About 16423 99a Avenue Nw
This offering provides investors with the ability to control a $2.2 M 8-unit multifamily asset with exceptional leverage and strong rental fundamentals. Configuration: • 4 × 3-Bedroom Townhomes • 3 × LEGAL 1-Bedroom Basement Suites Located in Edmonton, Canada’s highest-performing rental markets. Through CMHC MLI Select, eligible buyers can secure: • Up to 95% loan-to-value • Extended amortizations • Improved cash flow and long-term stability Key Advantages: • Premium tenant demand • Fully legal, turnkey 8-unit structure • High leverage = strong projected ROI • Attractive option for portfolio expansion
Features of 16423 99a Avenue Nw
| MLS® # | E4466800 |
|---|---|
| Price | $2,099,999 |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 5,996 |
| Acres | 0.00 |
| Year Built | 2025 |
| Type | Single Family |
| Sub-Type | 4PLEX |
| Style | 2 Storey |
| Status | Active |
Community Information
| Address | 16423 99a Avenue Nw |
|---|---|
| Area | Edmonton |
| Subdivision | Jasper Park |
| City | Edmonton |
| County | ALBERTA |
| Province | AB |
| Postal Code | T5R 1N9 |
Amenities
| Amenities | On Street Parking, Parking-Extra |
|---|---|
| Parking | Parking Pad Cement/Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | ensuite bathroom |
|---|---|
| Appliances | Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two, Dishwasher-Two |
| Heating | Forced Air-1, Natural Gas |
| Fireplace | No |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full,Fully Finished |
Exterior
| Exterior Features | Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Transportation, Recreation Use, Schools, Shopping Nearby |
|---|---|
| Roof | Asphalt Shingles |
| Construction | Wood, Vinyl |
| Foundation | Concrete Perimeter |
Additional Information
| Date Listed | November 25th, 2025 |
|---|---|
| Days on Market | 73 |
| Zoning | Zone 22 |
| Zone | Zone 22 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Sarrah Malhotra Of Initia Real Estate |
|---|