The Development
A Modern Eight-Plex Community in Edmonton, Alberta — Built for Families, Investors, and Long-Term Legacy.
8 Plex High Park
10917 151 Street NW, Edmonton
This purpose-built eight-unit residential development is designed to meet Edmonton's growing demand for quality affordable housing, while delivering strong long-term investment fundamentals.
Purchase Price
$2,247,147
Total Units
8 Units
Delivery
September 2026
Lending Type
Take Out
Min. Liquidity
$230,332
Min. Net Worth
$575,831
Strong Income Fundamentals
3 Bedroom Upper
1,195–1,215 Sqft · 4 Units
2 Bedroom Lower
618–624 Sqft · 4 Units
$177,600
Total Annual Rental
$139,269
Net Operating Income
$31,889
Cash Flow After Debt
6.2%
CAP Rate
Development Highlights
Built for long-term performance, community impact, and generational value
Modern Eight-Unit Design
Purpose-built eight-plex combining 3-bedroom upper units (1,195–1,215 sq ft) and 2-bedroom lower units (618–624 sq ft) for maximum rental diversity.
Family-Oriented Layouts
Spacious, functional floorplans designed for working families, young professionals, and multi-generational households.
CMHC Affordability Alignment
Development structured to align with CMHC affordability-focused objectives, supporting sustainable long-term housing accessibility.
Complete & Turnkey
Includes complete landscaping, fencing, blinds, appliances, and appraisal & ESA paid. Dedicated parking available.
September 2026 Delivery
Targeted delivery timeline of September 2026 with Take Out lending structure in place.
Efficient Operations
Optimized for rental efficiency with low-maintenance exterior materials and sustainable building practices.