Double Value-Add Townhouse Opportunity

9648 106 Avenue Northwest, Edmonton, AB T5H 0

  • For Sale $3,036,000
  • Property Type Multi-Family
  • Property Size 1,600 SF
  • Units 8
  • Property Tenancy Multi-Tenant
  • Date Updated Aug 25, 2025
North-central Edmonton location with strong tenant demand. Perfect for local, experienced operators with renovation and management skills.This is the kind of opportunity experienced renovators and value-add investors wait for. These are two similar, newer built 4-unit townhouse buildings in north-central Edmonton. Each unit is a spacious 3-bedroom rental with steady cash flow already in place. The real upside lies in the basements—currently partially developed, but ideal for legal secondary suites. With the right team, each unit could become two, and each building could hold 6–8 doors. Renovation budgets are expected to be roughly $100,000 per suite, depending on configuration. That investment pays off: once the additional units are in place, buyers should be able to refinance with CMHC’s MLI Select program and pull out most - if not all - of their capital, including renovation costs. This is a project for buyers who know how to build and operate in Edmonton. The location is well-positioned near transit, employment hubs, and established neighbourhoods. You’ll need a strong management plan, reliable trades, and a clear path to permitting—but the returns should more than justify the effort.
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Highlights

  • Excellent candidate for CMHC MLI Select refinance
  • Fully rented with strong in-place income
  • North-central Edmonton location with strong tenant demand
  • Perfect for local, experienced operators with renovation and management skills
  • Two 4-unit townhouse buildings (8 total units currently)

Contacts

broker
Chris Davies

HCR Group

Location

Getting Around

  • Walk Score ®

    98/100 Walker's Paradise

  • Transit Score ®

    85/100 Excellent Transit

  • Bike Score ®

    91/100 Biker's Paradise
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  • City Edmonton, AB
  • Neighborhood McCauley
  • Postal Code T5H 0

Points of Interest

  • Churchill

    0.41 miles

  • 102 Street

    0.58 miles

  • Central

    0.67 miles

  • Central Station

    0.68 miles

  • Kingsway/Royal Alex

    0.74 miles

  • Bay/Enterprise Square Station

    0.78 miles

  • Corona

    0.97 miles

  • Jasper Plaza

    1.17 miles

  • Government Centre Station / Pedway

    1.35 miles

  • Government Centre Station

    1.38 miles

  • City of Edmonton Central Fuel Site

    0.23 miles

  • Esso

    0.42 miles

  • Hughes

    0.44 miles

  • Husky

    0.51 miles

  • Shell

    1.13 miles

  • Petro Canada

    1.20 miles

  • Central Tire & Auto Gas Bar

    1.22 miles

  • FLO

    2.40 miles

  • The King's University

    3.37 miles

  • Edmonton Public Library

    3.54 miles

  • Pacific Rim Mall Customer Parking

    0.10 miles

  • Impark Lot 391

    0.24 miles

  • Impark

    0.27 miles

  • Lot #287

    0.39 miles

  • Edmonton City Centre;Edmonton City Centre Parkade

    0.43 miles

  • Bell Tower Parkade

    0.48 miles

  • Parking Garage

    0.56 miles

  • The Sandman Signature Edmonton Downtown Hotel

    0.45 miles

  • JW Marriott Edmonton Ice District & Residences

    0.49 miles

  • DoubleTree

    0.49 miles

  • Inn & Suites

    0.54 miles

  • Delta Edmonton Centre Suite Hotel

    0.57 miles

  • Delta Hotel

    0.57 miles

  • Crash Hotel

    0.60 miles

  • The Westin Edmonton

    0.60 miles

  • Courtyard Marriott Edmonton

    0.69 miles

  • Union Bank Inn

    0.69 miles

  • King Noodle House Pho Hoang

    0.03 miles

  • Taipan Cafe

    0.05 miles

  • Sai Woo Restaurant

    0.05 miles

  • Boualouang

    0.05 miles

  • Pagolac Restaurant

    0.05 miles

  • 97 Hot Pot

    0.06 miles

  • Kim Tuyet

    0.07 miles

  • Leon's Wonton & Noodle

    0.07 miles

  • Xu Hue

    0.08 miles

  • Hong Kong Bakery & Restaurant

    0.08 miles

  • McCauley Elementary School

    0.22 miles

  • Sacred Heart Centre

    0.28 miles

  • Victoria School of the Arts

    0.45 miles

  • Boys & Girls Clubs of Edmonton

    0.48 miles

  • St. Teresa of Calcutta Elementary School

    0.49 miles

  • Alex Taylor Elementary School

    0.57 miles

  • Building 5

    0.64 miles

  • Centre High

    0.65 miles

  • Norwood Elementary School

    0.68 miles

  • Learning Store at Londonderry

    0.71 miles

  • McCauley Community Daycare

    0.26 miles

  • McCauley After School Care

    0.26 miles

  • Little Scholars Childcare

    0.31 miles

  • First Step Daycare and Afterschool

    0.88 miles

  • Kids3 Daycare

    1.00 miles

  • Garneau/University Early Learning Centre

    2.21 miles

  • Curious Learners

    2.27 miles

  • Helping Hands Early Learning Daycare

    2.29 miles

  • Strathcona Tender Loving Daycare

    2.30 miles

  • Highlands Preschool

    2.37 miles

Frequently Asked Questions

How much does Double Value-Add Townhouse Opportunity cost?

The space currently listed for sale at Double Value-Add Townhouse Opportunity asks for $3,036,000.

What is the total square footage of Double Value-Add Townhouse Opportunity?

Double Value-Add Townhouse Opportunity totals 1,600 square feet.

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Contact Listing Broker
broker
Chris Davies

HCR Group

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