One of the Top MLI Select Options in All of Edmonton!
Purchase Price
$4.5M
Annual Revenue
$368,520

A purpose-built cluster housing development delivering real townhomes โ not suites โ to one of Edmonton's most in-demand inner-city neighborhoods.
This is a cluster housing project featuring 16 fully individual townhomes and 10 surface parking stalls. Every unit stands on its own โ no cramped, overpriced basement suites. Just real, market-grade product that tenants actually want to rent.
We're bringing something genuinely different to Edmonton's rental market. Each of the 16 NIVA model units spans three levels: a finished basement, a main floor, and a full second floor โ delivering 1,073 sq ft of livable space that commands premium rents.
Three finished floors per unit โ 290 sq ft basement, 420 sq ft main floor, 363 sq ft second floor. Spacious 3-bed / 3.5-bath layouts built to modern standards with premium finishes throughout.
Construction is actively underway. Buyers entering now benefit from new-build CCA depreciation and CMHC's industry-leading MLI Select financing program โ 95% LTV, 50-year amortization, and below-market interest rates.
Net Monthly Cashflow
16 Townhomes โ 3 Bed / 3.5 Bath
12 market units + 4 affordable MLI units
$368,520 Annual Revenue
Includes parking & pet fees
Key financial metrics that matter to investors
DSCR
1.20
Debt Service Coverage Ratio
Monthly Cashflow
$3,594
Positive cash flow from day one
3-Year ROI
260.75%
Projected return on cash invested
Cash-on-Cash ROI Yr 3
20.83%
Cash return on cash invested
Contemporary architecture in one of Edmonton's most accessible neighborhoods
Modern 16-unit townhome complex

Contemporary Aesthetics
Modern design with premium finishes
Energy Efficient Build
Built to modern standards
Spacious Layouts
1,073 sqft per unit โ 3 bed / 3.5 bath

Basement: 290 sqft ยท Main Floor: 420 sqft ยท Second Floor: 363 sqft
View Floor PlansInglewood, Edmonton
11122 123 Street, Edmonton, AB
Urban infill site in one of Edmonton's most sought-after inner city neighborhoods
Inner City โ Steps to Downtown
Minutes to Edmonton's downtown core
River Valley & Pathways
Parks, trails, and recreational areas nearby
Walkability Score: 90
Restaurants, shops & transit on foot
High Rental Demand Area
One of Edmonton's fastest growing neighborhoods
Positioned in the heart of Inglewood, one of Edmonton's most desirable inner-city neighborhoods, this property benefits from exceptional walkability, strong rental demand, and proximity to the downtown core.
16 thoughtfully designed townhomes maximizing rental income in inner-city Inglewood.
12 units @ $1,950/mo
4 units @ $1,665/mo
10 stalls @ $50/mo each
$30,710
Annual Gross Revenue
$368,520
Standard qualifications needed to secure this investment opportunity
$275,750
Total investment to close
Down payment + lender fee + closing costs
$1,125,000
Assets less liabilities
25% of purchase price ($4.5M)
$450,000
Cash, savings, LOC, stocks, etc
10% of purchase price ($4.5M)
If you meet these requirements, you're well-positioned to secure financing for this exceptional investment opportunity. The property is fully pre-qualified with CMHC MLI Select financing, making the approval process streamlined and efficient.
DSCR
1.20
Loan-to-Value
95%
Interest Rate
4.30%
Long-term wealth building with exceptional returns
Down Payment (5%)
$230,000
Mortgage Broker Fee (1%)
$46,000
Lender Fee (0.75%)
$34,500
Closing Costs
$17,000
Total Investment
$4,500,000
Net monthly cashflow with a 1.20 DSCR โ one of the strongest cash-on-cash returns available in Edmonton's market.
Built-in equity from day one with a $4.5M purchase price against a higher appraised value, plus compounding appreciation and rental growth.
No basement suites โ 16 true 3-bed / 3.5-bath townhomes across three levels. Premium product that attracts quality long-term tenants.
Inglewood is one of Edmonton's fastest-growing inner-city neighborhoods. Steps to downtown, LRT, parks, and retail โ near-zero vacancy risk.
A rare MLI Select opportunity in inner-city Inglewood. With $3,523/month cashflow and 222.4% projected 3-year ROI, this property won't last long.