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11446 92 St NW 6 Unit Apartment Building $564,900 CAD ($94,150 CAD/Unit) 6.49% Cap Rate Edmonton, AB T5G 0Z5

Executive Summary
This fully leased 6-unit apartment building in the high-demand rental corridor is the kind of asset investors wait for. Positioned in one of Edmonton’s most central and tenant-active neighborhoods, this property offers immediate income with clear upside. Each suite is consistently occupied, creating stable, predictable cash flow from day one, while still presenting a compelling opportunity for rental optimization as leases turn over. Inside, functional layouts and practical finishes cater to a broad tenant base, supporting long-term occupancy and minimizing vacancy risk. Outside, the property continues to deliver value with a double garage and additional surface parking. An increasingly sought-after feature that enhances tenant convenience and supports premium rent potential. The surrounding area is defined by strong fundamentals, with a close proximity to the Royal Alexandra Hospital and Northern Alberta Institute of Technology, ensuring a steady pool of renters. Whether you’re expanding your portfolio or securing an affordable, reliable multi-family asset with upside, this is a strategic acquisition in a proven rental location.
Property Facts
| Price | $564,900 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $94,150 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 6.49% | Building Size | 2,874 SF |
| No. Units | 6 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1912 |
| Property Subtype | Apartment | ||
| Zoning | RS - Small Scale Residential | ||
| Price | $564,900 CAD |
| Price Per Unit | $94,150 CAD |
| Sale Type | Investment |
| Cap Rate | 6.49% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 2,874 SF |
| No. Stories | 4 |
| Year Built | 1912 |
| Zoning | RS - Small Scale Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 5 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
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11446 92 St NW
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