11737 126 St
Edmonton, AB T5M 0S1
Inglewood 8-Plex · Multifamily Property For Sale · 8 Units

The Inglewood 8-Plex presents a rare opportunity to acquire a newly constructed, purpose-built multifamily asset in one of Edmonton’s most established central communities. Scheduled for completion in November 2025, this luxury rowhouse development features four spacious 3-bedroom townhomes and four self-contained 1-bedroom basement suites, each with private entrances and full appliance packages. The property is designed for long-term operational efficiency, with all utilities individually metered and minimal common area expenses.
Located in the heart of Inglewood, the site offers exceptional walkability and transit access to major employment hubs, retail corridors, and educational institutions. Within minutes of Kingsway Mall, Royal Alexandra Hospital, NAIT, and Downtown Edmonton, the property is ideally positioned to attract a diverse tenant base. The surrounding area is rich in amenities, including parks, schools, and shopping centers, supporting strong rental demand and tenant retention.
The offering includes a detached garage with four secure parking stalls and additional street parking. High-quality finishes, private decks, and fenced yard areas enhance tenant appeal while reducing maintenance costs. With zoning that supports small-scale residential development, the property aligns with Edmonton’s infill growth strategy.
Financially, the Inglewood 8-Plex is structured to support high-leverage financing through CMHC’s MLI Select program, with up to 95% LTV and a 50-year amortization. The vendor has agreed to allow the purchaser to conduct lease-up, providing full control over rent optimization. Stabilized gross revenue is projected at $172,800 annually, with a cap rate of 4.77% based on market rents and expenses.
This is an ideal acquisition for investors seeking a turnkey, high-yield multifamily asset in a vibrant urban location with strong demographic fundamentals and long-term growth potential.