Queen Alexandra, Edmonton · MLS® E4512204
54
2,326 sq ft · House · Single Family · built 1945 · 17 days on market
listed by Calvin Hexter, Exp Realty
PRIME INVESTMENT OPPORTUNITY in highly desirable QUEEN ALEXANDRA! This LEGAL FOUR-UNIT property is ideally positioned in one of Edmonton’s most consistently sought-after rental areas, just minutes from the UNIVERSITY OF ALBERTA, Whyte Ave, transit, shopping, restaurants & countless amenities. The property features FOUR SELF-CONTAINED UNITS—three 1-bedroom, 1-bath suites plus one 2-bedroom, 1-bath suite—each offering a functional layout and bright living space. FULLY TENANTED, this well-maintained property provides immediate rental income and an excellent opportunity to add a proven multi-unit asset to your portfolio. With its CENTRAL LOCATION, strong tenant appeal and proximity to major employment, education & entertainment hubs, this is an exceptional opportunity for investors seeking both CASH FLOW & LONG-TERM POTENTIAL in one of Edmonton’s established central neighbourhoods.
20% down at 4.34% fixed (Ratehub.ca), 25 years.
Rapid transit: McKernan/Belgravia LRT station, 1.1 km (about 17 min walk); Health Sciences/Jubilee LRT station, 1.1 km (about 17 min walk).
Catchment schools, Edmonton Public Schools
24569.9 km away · 10925 - 87 Avenue NW, Edmonton · (780) 433-1390 · website
24569.7 km away · 11330 - 76 Avenue NW, Edmonton · (780) 435-4163 · website
24568.6 km away · 10450 - 72 Avenue NW, Edmonton · (780) 439-3957 · website
From the Edmonton Public Schools's published catchment maps (2021, the latest published). A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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$554,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $554,500 |
| 2025 | $482,500 |
| 2024 | $431,500 |
| 2023 | $430,500 |
| 2022 | $431,000 |
| 2021 | $439,000 |
| 2020 | $459,000 |
| 2019 | $561,000 |
From City of Edmonton open data (property assessments), matched to 10831 80 AVENUE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $5,746 a year
The 2026 assessment times Edmonton's 2026 residential rate of 10.36 per $1,000 (municipal and education).
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Rapid transit: McKernan/Belgravia LRT station, 1.1 km (about 17 min walk); Health Sciences/Jubilee LRT station, 1.1 km (about 17 min walk).
Walkability 97/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 27 places to eat or drink, 5 cafes, 9 parks and playgrounds, 2 schools, 3 pharmacies, 34 transit stops.
mihom score from OpenStreetMap places, by straight line distance.