๐Ÿ—๏ธ MLI Select โ€” New Construction

16-Townhome InvestmentInglewood, Edmonton

11122 123 Street, Edmonton, AB
Possession October 2026
Urban Infill โ€” Inner City Edmonton

One of the Top MLI Select Options in All of Edmonton!

  • Fully CMHC MLI Select Qualified โ€” 95% LTV, 50-year amortization
  • Strong Cash Flow: $3,594/month โ€” 1.20 DSCR, 260.75% 3-year ROI
  • 16 Townhomes + 10 Parking Stalls โ€” $30,710/month gross revenue
  • Inner City Inglewood โ€” Walkability score 90, prime Edmonton location

Purchase Price

$4.5M

Annual Revenue

$368,520

Inglewood 16-Townhome Development
Project Overview

Why This Project Is Different

A purpose-built cluster housing development delivering real townhomes โ€” not suites โ€” to one of Edmonton's most in-demand inner-city neighborhoods.

16 True Townhomes + 10 Parking Stalls

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.

The NIVA Model โ€” A Unique Edmonton Product

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.

3-Level Living: Basement ยท Main ยท Second Floor

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.

Under Construction โ€” Q4 2026 Completion

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.

Monthly Cashflow

$3,594/mo

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

Investment Performance

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

Modern Design, Prime Location

Contemporary architecture in one of Edmonton's most accessible neighborhoods

Architectural Design

Modern 16-unit townhome complex

Architectural Rendering โ€” 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

Floor Plans โ€” Basement, Main Floor, Second Floor

Basement: 290 sqft ยท Main Floor: 420 sqft ยท Second Floor: 363 sqft

View Floor Plans

Prime Location

Inglewood, 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

Strategic Inner City Location

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.

Property Breakdown

16 thoughtfully designed townhomes maximizing rental income in inner-city Inglewood.

NIVA Market Units

12 units @ $1,950/mo

$23,400/mo
1,073 sqft
3 Bed
3.5 Bath

Affordable Units (MLI)

4 units @ $1,665/mo

$6,660/mo
1,073 sqft
3 Bed
3.5 Bath

Parking Stalls

10 stalls @ $50/mo each

$500/mo

Total Monthly Revenue

$30,710

NIVA Market Units (12)$23,400
Affordable Units MLI (4)$6,660
Parking Stalls (10)$500
Pet Fees (6 units)$150

Annual Gross Revenue

$368,520

Investor Requirements

Standard qualifications needed to secure this investment opportunity

Cash Required

$275,750

Total investment to close

Down payment + lender fee + closing costs

Net Worth Req'd

$1,125,000

Assets less liabilities

25% of purchase price ($4.5M)

Liquidity Req'd

$450,000

Cash, savings, LOC, stocks, etc

10% of purchase price ($4.5M)

Ready to Qualify?

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%

Investment Analysis

Long-term wealth building with exceptional returns

Financing Highlights

  • CMHC MLI Select pre-qualified
  • 95% Loan-to-Value financing
  • 50-year amortization period
  • 4.30% interest rate secured
  • $4,500,000 total investment required

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

Exceptional Cash Flow

$3,594/mo

Net monthly cashflow with a 1.20 DSCR โ€” one of the strongest cash-on-cash returns available in Edmonton's market.

260.75% ROI at Year 3

Year 3 ROI

Built-in equity from day one with a $4.5M purchase price against a higher appraised value, plus compounding appreciation and rental growth.

16 Real Townhomes

1,073 sqft/unit

No basement suites โ€” 16 true 3-bed / 3.5-bath townhomes across three levels. Premium product that attracts quality long-term tenants.

Inner City Rental Demand

Walkability: 90

Inglewood is one of Edmonton's fastest-growing inner-city neighborhoods. Steps to downtown, LRT, parks, and retail โ€” near-zero vacancy risk.

Ready to Secure This Investment?

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.

DISCLAIMER: Every investment involves risk, and any purchaser of real estate is responsible for their own due diligence. Nothing is guaranteed. All figures listed are for the purposes of academic evaluation only, and any interested investor is responsible for their own model assumptions, and should do their own research and evaluation before making an investment.

Joshua Clark, New Homes Alberta | Commercial Realtor with eXp Realty

Joshua@newhomesalberta.ca โ€ข 403-305-9167

ยฉ 2026 New Homes Alberta & Michael Hale. All rights reserved.