10052 152 Street NW · Multi-family

10052 152 Street NW is a 5-unit multi-family in Edmonton, AB, asking $1,040,000 — $208,000 per door.

That lands inside the Edmonton band of $145k - $245k per door, so the ask is not the thing that decides this deal — the rent roll is. Edmonton cap rates screen 5.8% - 7.5% and average rent runs about $1,650 a door.

At 5 units this is a commercial file: five or more units can be underwritten for CMHC MLI Select, where energy, affordability, and accessibility points decide the tier and the leverage. Below that tier the insured stack you modeled may not exist.

Edmonton offers low basis and yield, but vacancy, liquidity, and renovation execution deserve extra attention. Investor demand reads medium, vacancy improving.