Satoo, Edmonton · MLS® E4511521
54
4,768 sq ft · 587 m² lot · House · Single Family · built 1975 · 22 days on market
listed by Jarnail Bhatti, MaxWell Polaris
INVESTMENT OPPORTUNITY – BRAND NEW 4-PLEX UNDER CONSTRUCTION! Exceptional opportunity to own a brand-new multi-family development designed for modern living and strong investment potential. This thoughtfully planned 4-plex offers a total of 7 legal residential units plus 1 additional unit, providing multiple living spaces and excellent income potential. Each unit features a functional contemporary layout with quality finishes and well-designed living spaces. The property is currently under construction, with expected completion in June. An excellent addition to an investment portfolio, offering the advantages of new construction and multiple rental units under one property.
20% down at 4.34% fixed (Ratehub.ca), 25 years.
Catchment schools, Edmonton Public Schools
24551.6 km away · 8515 - 17 Avenue NW, Edmonton · (780) 462-5125 · website
24551.3 km away · 1434 - 80 Street NW, Edmonton · (780) 462-7954 · website
24551.7 km away · 2707 Millwoods Road NW, Edmonton · (780) 462-3322 · 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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Rapid transit: Grey Nuns LRT station, 2.4 km (about 37 min walk); Mill Woods LRT station, 2.4 km (about 38 min walk).
$401,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $401,000 |
| 2025 | $360,000 |
| 2024 | $331,500 |
| 2023 | $335,000 |
| 2022 | $307,500 |
| 2021 | $290,000 |
| 2020 | $311,500 |
| 2019 | $286,000 |
From City of Edmonton open data (property assessments), matched to 2023 89 STREET NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $4,156 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: Grey Nuns LRT station, 2.4 km (about 37 min walk); Mill Woods LRT station, 2.4 km (about 38 min walk).
Walkability 57/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 6 places to eat or drink, 2 parks and playgrounds, 1 school, 18 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
nothing comparable on the market right now.