We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
11308 94 ST NW
Swipe through similar matches — tap the heart to save, or open one for the full read.
Currently, fully rented 4-plex, featuring 4 legal suites in central Edmonton. This property has seen many updates, including flooring, kitchens, bathrooms, windows, lighting, electrical plugs, smoke alarms, fire extinguishers, a sump pump, and a newer hot water tank. All windows recently upgraded to double-pane windows, 5 upgraded this year. All suites are currently occupied by compliant tenants, providing immediate rental income. Two tenants have expressed interest in remaining long-term, one tenant would prefer short-term, and the main-floor suite may be available upon sale, offering flexibility for an owner-occupant or future rental plans. An excellent opportunity for investors seeking a revenue-generating property with significant upgrades already completed. Minimal cosmetic updating may be required between tenancies. Conveniently located in a central Edmonton neighbourhood undergoing continued revitalization and growth, with access to amenities, transit, and major commuter routes. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 3 | — | |
| Bedroom 4 | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | — | |
| Bedroom 2 | — |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 5 | — | |
| Bedroom 6 | — |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
17.80%
Cap rate
8.42%
GRM
8.8
Break-even rent
$2,207
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 14, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.