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Courtesy of Shikha M Prashanth of Initia Real Estate

16423 99A Avenue
Zone 22 Edmonton T5R 1N9

$2,199,999
Single Family beds: 5 baths: 4.0 7,998 sq. ft. built: 2025

View of miscellaneous property collateral
Status:
Active
Prop. Type:
Single Family
MLS® Num:
E4466800
Bedrooms:
5
Bathrooms:
4
Year Built:
2025
* Sold date and price are as reported on the RAE’s MLS® system
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 2-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
Property Type:
Single Family
Dwelling Type:
Quadruplex
Home Style:
2 Storey
Total Floor Area:
7,997.65 sq. ft.
Price Per SqFt:
$275.08
Total area above grade.:
7,998 sq. ft.
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Separate Entrance:
Yes
Lot Area:
7,394.7 sq. ft.
Lot Shape:
Rectangular
Grade Level Entry:
Yes
Levels:
2
Exposure / Faces:
East
Year built:
2025 (Age: 0)
Bedrooms:
5 (Above Grd: 3)
Bathrooms:
4.0 (Full:3/Half:1)
Total Rooms Above Grade:
6
Plan:
5874HW
Building Type:
4PLEX
Construction:
Wood, Vinyl
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Vinyl Plank
Heating:
Forced Air-1, Natural Gas
Parking:
Parking Pad Cement/Paved
Garage:
No
Ensuite:
Yes
Garage Suite:
No
On Street Parking, Parking-Extra
Jasper Park
Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Transportation, Recreation Use, Schools, Shopping Nearby
On Street Parking, Parking-Extra
Back Lane, Landscaped, Paved Lane, Playground Nearby, Public Transportation, Recreation Use, Schools, Shopping Nearby
ensuite bathroom
Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two, Dishwasher-Two
None Known
Private
Floor
Type
Size
Other
Main
Living Room
Measurements not available
-
Main
Dining Room
Measurements not available
-
Main
Kitchen
Measurements not available
-
Floor
Ensuite
Pieces
Other
Upper Level(s)
-
5
Upper Level(s)
-
4
Main
-
2
Basement
-
4
Seller Rights Reserved:
Yes
Zone:
Zone 22
Zoning:
Zone 22
Title to Land:
Fee Simple
Legal Lot:
6
Road Access:
Paved
LINC Number:
0016525703
Days On Website:
3 day(s)
  • Photo 1: 16423 99A Avenue in Edmonton: Zone 22 House Fourplex for sale : MLS®# E4466800
    View of miscellaneous property collateral
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Data was last updated November 28, 2025 at 03:30 AM (UTC)
Area Statistics
Listings on market:
70
Avg list price:
$669,450
Min list price:
$200,000
Max list price:
$2,499,900
Avg days in system:
38
Min days in system:
1
Max days in system:
171
Avg price per sq.ft.:
$403.47
These statistics are generated based on the current listing's property type and located in Zone 22. Average values are derived using median calculations. This data is not produced by the MLS® system.
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Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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Data last updated on November 28, 2025 at 03:30 AM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.