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LiveMLS A2313727Buy & hold
Edmonton, AB · Apartment building · 3 units
$564,900listed
Workable offer
Locked, not loading — the underwrite opens with a trial or an account.
Score
DSCR
Cash to close
All-in with reserves
1-6, 11446 92 Street NW is a 3-unit apartment building in Edmonton, AB, asking $564,900 — $188,300 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 3 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%.
Edmonton offers low basis and yield, but vacancy, liquidity, and renovation execution deserve extra attention. Investor demand reads medium, vacancy improving.
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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