Attention investors! Introducing Olympia, a brand-new 6-unit triplex development located in Queen Mary Park, just minutes from downtown Edmonton. This purpose-built property offers approximately 5,600 sq. ft. of living space, with six self-contained, separately metered units designed for strong rental demand. The unit mix includes two 3-bedroom units, one unit with dual primary bedroom suites, two legal 2-bedroom suites, and one 1-bedroom unit, appealing to a broad tenant base. Features include quartz countertops, vinyl plank flooring, stainless steel appliances, 9-ft ceilings, landscaping, and a detached triple garage, plus ample on-site and street parking. CMHC MLI Select qualified, requiring as little as 5% down, with projected annual rental income of approximately $138,000. Estimated completion Q3 2026. Prime location within walking distance to Kingsway Mall, Royal Alexandra Hospital, NAIT, LRT, and major amenities.
Property Type:
Single Family
Dwelling Type:
Triplex
Home Style:
2 Storey
Total Floor Area:
3,738.01 sq. ft.347 m2
Price Per SqFt:
$497.29
Total area above grade.:
3,738 sq. ft.347.27 m2
Finished Area Below Grade:
1,577.99 sq. ft.147 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Separate Entrance:
Yes
Lot Area:
6,100.66 sq. ft.567 m2
Lot Shape:
Rectangular
Grade Level Entry:
Yes
Levels:
3
Exposure / Faces:
North
Year built:
2026
(Age: 0)
Bedrooms:
10
(Above Grd: 8)
Bathrooms:
12.0
(Full:9/Half:3)
Total Rooms Above Grade:
11
Plan:
2122086
Building Type:
Tri-Plex
Construction:
Wood, Metal, Vinyl, See Remarks
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Ceramic Tile, Vinyl Plank
Heating:
Forced Air-1, Natural Gas
Parking:
Triple Garage Detached
Garage:
Yes
Ensuite:
Yes
Off Street Parking, On Street Parking, Ceiling 9 ft., Closet Organizers, Detectors Smoke, No Animal Home, No Smoking Home, Parking-Extra, Smart/Program. Thermostat, HRV System
Queen Mary Park
Commercial, Golf Nearby, Landscaped, Level Land, Low Maintenance Landscape, Playground Nearby, Public Transportation, Shopping Nearby, See Remarks
Off Street Parking, On Street Parking, Ceiling 9 ft., Closet Organizers, Detectors Smoke, No Animal Home, No Smoking Home, Parking-Extra, Smart/Program. Thermostat, HRV System
Commercial, Golf Nearby, Landscaped, Level Land, Low Maintenance Landscape, Playground Nearby, Public Transportation, Shopping Nearby, See Remarks
Data was last updated January 22, 2026 at 07:30 PM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$454,998
Min list price:
$229,000
Max list price:
$2,300,000
Avg days in system:
48
Min days in system:
8
Max days in system:
196
Avg price per sq.ft.:
$377.07
These statistics are generated based on the current listing's property type
and located in
Zone 08. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on January 22, 2026 at 07:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
