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10848 74 Ave, Edmonton, Alberta, T6E 1G9

MLS® # 43871740
Investment For Sale In Queen Alexandra, Edmonton, Alberta
$2,900,000
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MULTIMEDIA

10848 74 Ave, Edmonton, Alberta, T6E 1G9
$2,900,000

Property Information:

$2.9m 10 multi-units at the University of Albertas Queen Alexandra community. Located next to the bus stop on 109 Street, this is an ideal investment for university students and downtown professionals seeking easy commuting options. 5-plex building on 10 units, 3-story height: 5 spacious Upper units featuring 3 bedrooms and 2.5 baths; 5 cozy Lower units with 1 bedroom and 1 bath. Units average $290,000 each—an outstanding value in this prime location. Benefit from an Assumable existing CMHC MLI mortgage with an approved loan amount of $2.6 million. This allows savings of approximately 2.5% ($65,000) on the CMHC’s new premium fees, plus a mortgage broker fee savings of about 1% ($26,000), maximizing your return. Estimated possession July - August 2026. Aiming students back to university for the fall Semester. (id:27)

Building Features:

  • Floor Space: 6525 sqft

Property Features:

  • Property Type: Multi-family
  • Built in: 2025
  • Floor Space (approx): 6525 Square Feet
  • Irregular: Yes
  • Lot Size: 5314.32 Square Feet

Courtesy of: MaxWell Polaris

REALTOR.ca  

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Market Price Trends

Single family detached

-0.75%

Price change (1 year)

18.3%

Price change (5 years)

All Properties

0.31%

Price change (1 year)

13.41%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 10848 74 Ave, Edmonton, Alberta, T6E 1G9

Demographic Information of 10848 74 Ave, Edmonton, Alberta, T6E 1G9

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$147,179.97

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.17 %

High school certificate or equivalent

24.79 %

Apprenticeship trade certificate/diploma

3.77 %

College/non-university certificate

11.57 %

University certificate (below bachelor)

1.0 %

University Degree

52.71 %

Commuter

Travel To Work

By Car

69.42 %

By Public Transit

13.33 %

By Walking

9.01 %

By Bicycle

2.56 %

By Other Methods

5.68 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

20.69 %

Houses

79.31 %

Own Vs. Rent

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