Double Value-Add Townhouse Opportunity

For Sale

9648 106 Avenue Northwest, Edmonton, AB T5H 0

This Edmonton property for sale is located at 9648 106 Avenue Northwest. The current listed sale price for Double Value-Add Townhouse Opportunity is $3,036,000.

Contacts

broker
Chris Davies

HCR Group

Property Details

  • 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)

Getting around

  • 98/100

    Walk Score ®

  • 85/100

    Transit Score ®

  • 91/100

    Bike Score ®

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Location

  • 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

  • Pacific Rim Mall

    0.10 miles

  • Lucky 97 Market

    0.14 miles

  • Omonia Foods Import

    0.23 miles

  • 99 Supermarket

    0.24 miles

  • Italian Centre Shop

    0.39 miles

  • United Grocers

    0.49 miles

  • Edmonton City Centre

    0.56 miles

  • Loblaws

    0.57 miles

  • Hudson's Bay

    0.61 miles

  • Manulife Place (Podium)

    0.61 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Chris Davies

HCR Group

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