An Incredible Opportunity To Own a 130 Unit Cash-Machine in Edmonton
130 Units | CMHC-Backed Financing | 13.23% Cash-on-Cash Returns
Edmonton’s rental market is undersupplied, creating an opportunity for stable, high-yield multi-family investments. This 130-unit development in Highlands is structured to generate $255,846 in annual net returns with CMHC-backed financing optimizing leverage and long-term gains. With a 4.98% cap rate and 13.23% cash-on-cash returns, this asset is positioned for strong cash flow and appreciation.
OVERVIEW
130-Unit Multi-Family Development – Highlands, Edmonton
$32M
TOTAL COST
4.98%
PROJECTED CAP RATE
$255,846
ANNUAL NET RETURNS
13.23%
CASH-ON-CASH RETURNS
1.19
DSCR
Unit Mix and Floorplans
This development is structured for long-term rental income
with a balanced unit mix targeting diverse tenant demand.
65 x 1-Bed, 1-Bath (588 SqFt)
25 x 2-Bed, 1-Bath (878 SqFt)
40 x Studio (478 SqFt)
53 Underground Parking Stalls
23 Surface Parking Stalls
40 Storage Lockers
Location Analysis
500m to Highlands School (K-9)
1.9km to Concordia University
10 min to NAIT, 15 min to Grant MacEwan University & Downtown Edmonton
Adjacent to River Valley, Highlands Golf Club, and arterial transit routes
Stable neighborhood with increasing property values ($443K-$712K avg. home price range)
Market Positioning
Rental Market Conditions
Highlands has near-zero rental vacancy. Only 1 current rental unit available in the immediate area, with 5 in adjacent neighborhoods.
Demand for professionally managed, modern multi-family rentals significantly outpaces supply.
Market Positioning
Asset Performance
Stabilized operations expected within market absorption rates.
Edmonton’s MLI Select-backed rental assets consistently outperform traditional financing models.
Comparable properties in adjacent areas are trading at similar or lower cap rates, confirming market alignment.
Acquisition & Development Process
Commitment Structure
1% deposit to hold, 2.5% upon firm agreement, 5% equity contribution upon CMHC approval.
Due Diligence
14-day contract review with up to two extensions.
Approval & Construction
CMHC approval triggers land transfer and first construction draw.
Pre-Lease Strategy
Marketing and tenant acquisition begin six months prior to completion.
Risk Management
$1,000/day penalty for CMHC document delays; 20% deposit forfeiture if approval fails due to investor-side negligence.
Financial Data & Supporting Documentation
Full Cash Flow & Sensitivity Analysis
Occupancy Projections
Expense Breakdown
Debt & Equity Structuring Details
For Next Steps, Contact Us Directly
If you have received this page, we have sent it to you directly.
Make sure to reach out to Joshua or Mike, depending on who
you have been working with.
This project will be sold ASAP. Please do not wait if you think this project is for you!
Joshua Clark
