PRIME INVESTMENT OPPORTUNITY in highly desirable QUEEN ALEXANDRA! This LEGAL FOUR-UNIT property is ideally positioned in one of Edmonton’s most consistently sought-after rental areas, just minutes from the UNIVERSITY OF ALBERTA, Whyte Ave, transit, shopping, restaurants & countless amenities. The property features FOUR SELF-CONTAINED UNITS—three 1-bedroom, 1-bath suites plus one 2-bedroom, 1-bath suite—each offering a functional layout and bright living space. FULLY TENANTED, this well-maintained property provides immediate rental income and an excellent opportunity to add a proven multi-unit asset to your portfolio. With its CENTRAL LOCATION, strong tenant appeal and proximity to major employment, education & entertainment hubs, this is an exceptional opportunity for investors seeking both CASH FLOW & LONG-TERM POTENTIAL in one of Edmonton’s established central neighbourhoods.
Data was last updated October 8, 2026 at 09:30 PM (UTC)
Area Statistics
Listings on market:
151
Avg list price:
$625,000
Min list price:
$299,900
Max list price:
$4,299,000
Avg days in system:
45
Min days in system:
1
Max days in system:
643
Avg price per sq.ft.:
$445.91
These statistics are generated based on the current listing's property type
and located in
Zone 15. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on October 8, 2026 at 09:30 PM (UTC).
Copyright 2026 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.