Edmonton investment property

Can you buy a place in Edmonton that pays for itself?

Often, yes — it depends which format you buy. Below is every income property on the Edmonton market, grouped by type, with what is listed right now in each. Open a format to see what is actually listed today; price per door is shown on individual listings wherever the feed confirms the building type, so a duplex and a fourplex compare on equal terms.

Live from the MLS® feed. Open a format to see what is listed today.

Talk to a REALTOR®

Tell me what you're trying to buy

Rents in place, permitted suites, condition and unit counts are not carried in the MLS® feed — they get confirmed property by property. Tell me the budget and the kind of building you have in mind and I will send back what actually fits, with the real numbers on it.

We only reply about this home — no lists, no spam. Sending an inquiry does not create an agency relationship with any REALTOR® or brokerage.

Questions

What is the cheapest way into an investment property in Edmonton?

It depends on format. A half duplex or a townhouse with no condo fees carries the lowest ongoing cost; a fourplex or a larger building asks more up front and spreads vacancy risk across more doors. Open any format above to see what is currently listed and what it is priced at.

What is price per door and why does it matter?

Price per door is the purchase price divided by the number of dwelling units. It is the only way to compare a duplex against a fourplex fairly, because the headline price says nothing about how much income the building can produce. Where the MLS® feed confirms a building's type, the figure is shown on each listing.

Do these listings show cap rate?

No, and deliberately. Cap rate needs the actual rent roll and operating costs, which are not carried in the MLS® data feed. A cap rate calculated from assumed rents looks precise and is not. Ask about a specific building and those numbers can be pulled and worked through properly.

How do I know whether a suite is legal?

You confirm it, and that is worth doing before you buy. Listing remarks are written by the listing agent and vary in how they describe permitted suites, secondary suites and basement development. If a property looks right otherwise, that is exactly the question to ask — it can be checked against City permit records.

Run the numbers yourself

The investment calculator takes a price and a rent and returns cap rate, cash flow and a five-year projection using live Bank of Canada rates and the current Edmonton mill rate. The Edmonton investment guide covers how the local market behaves.