LiveMLS 45783356Buy & hold

10970 97 ST NW · Multi-family

Edmonton, AB · Multi-family · 4 units

$728,888listed

Price at 5.75% cap

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 Oct 15

What this listing is

10970 97 ST NW is a 4-unit multi-family in Edmonton, AB, asking $728,888 — $182,222 per door.

That sits inside the Edmonton band of $145k - $245k per door. Edmonton cap rates screen 5.8% - 7.5% and average rent runs about $1,650 a door.

At 4 units this finances as residential, not commercial — MLI Select starts at five units. The qualifying rate still applies: federally regulated lenders test a 1–4 unit rental at the greater of your contract rate plus two points or 5.25%.

The Edmonton desk underwrites vacancy at 4% - 6% and operating expenses at 35% - 45% of gross rent.

Asking price: $728,888
Units: 4 units
Property type: Multi-family
Location: Edmonton, AB
Price per door: $182,222
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 price at a 5.75% cap — opens with a free account.

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