LiveMLS 45675192CMHC / MLI Select

1-12, 2103 - 2113 154 Avenue NW · Multi-family

Edmonton, AB · Multi-family · 31 units

$6,000,000listed

Workable offer

Edmonton market brief →

RentCapPrice/door

Score

DSCR

Cash to close

All-in with reserves

Create a free account Sign inGoes to the AssetAvenue team. We reply by email, usually within a business day.View on Realtor.caLast seen on Realtor.ca Sep 27

What this listing is

1-12, 2103 - 2113 154 Avenue NW is a 31-unit multi-family in Edmonton, AB, asking $6,000,000 — $193,548 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 31 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.

Asking price: $6,000,000
Units: 31 units
Property type: Multi-family
Location: Edmonton, AB
Price per door: $193,548
Edmonton cap band: 5.8% - 7.5%
Edmonton average rent: $1,650

The underwrite — investment score, cap rate on the real rent roll, DSCR at the qualifying rate, cash to close, and the offer band this desk would actually bid — opens with a free account.

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