16310 87 AVENUE NORTHWEST
Edmonton · T5R4H2
$2,125,000
About this residence
INVESTMENT GROWS FASTER IN A GREAT LOCATION! Own an upcoming new-build 4PLEX with 3 legal basement suites (7 legal doors) in West Edmonton, only 3-min drive to West Edmonton Mall, 5-min walk to Misericordia Hospital & LRT Station, and 10-min walk to Meadowlark Shopping Plaza. Bus stop is right at the front of the property! Close distance to these high-employment hubs and transit services mean STRONG tenant demand and LOW vacancy rates. It offers 7,300+ sq. ft. of refined living space with luxury vinyl on main and lower levels, plush carpet upstairs, and 9-ft ceilings. Open concept living room includes featured wall with a fireplace, kitchens with modern flat-panel cabinetry and quartz counters; baths are finished in sleek tile. Energy-smart design includes triple-pane windows, solar roof vents, 97% high-efficiency furnaces, and electric water heaters. Separate utility meters planned for all suites as a part of CMHC MLI Select requirements. Construction has started; target completion in June 2026. (id:61366)
Property details
- Property type
- Single Family
- Style
- Fourplex
- Ownership
- Freehold
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Storeys
- 2
- Living area
- 4,846 sq ft
- Lot size
- 526.96
- Fireplace
- 1
- Year built
- 2025
- MLS®
- E4462077
- Board
- Edmonton
- Status
- Inactive
- Listed
- Oct 15, 2025
- Updated
- Apr 2, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Primary Bedroom | Upper Level | — |
| Bedroom 2 | Upper Level | — |
| Bedroom 3 | Upper Level | — |
| Bedroom 4 | Basement | — |
Features & finishes
Appliances
- Dishwasher
- Dryer
- Stove
- Two Washers
- Two Refrigerators
Heating
- Forced air
Basement
- Full
- Finished
- Suite
Parking
- Parking Pad
Lot
- See remarks
- No Smoking Home
- Wet bar
- Lane
Financing
Estimated monthly payment
$9,938/mo
Loan amount
$1,700,000
Down payment
$425,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Edmonton
Nearby
About the area
Census · T5R- 24,643
- Population
- 42
- Median age
- $96,000
- Median income
- $408,000
- Median home value
- 68%
- Home ownership
- 24 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 16310 87 AVENUE NORTHWEST?
16310 87 AVENUE NORTHWEST is listed for $2,125,000, in Edmonton.
How many bedrooms and bathrooms does 16310 87 AVENUE NORTHWEST have?
It offers 4 bedrooms and 4 bathrooms (including 1 half-bath).
What type of home is 16310 87 AVENUE NORTHWEST?
16310 87 AVENUE NORTHWEST is a Single Family, Fourplex set over 2 storeys, built in 2025.
How large is 16310 87 AVENUE NORTHWEST?
The home offers approximately 4,846 sq ft of living space on a lot measuring 526.96.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $9,938. Use the mortgage calculator above to model your own scenario.
What is the Edmonton area like?
Edmonton has a population of about 24,643, a median age of 42, a 68% home-ownership rate, with an average commute of about 24 minutes.
What is the average home value in Edmonton?
The median dwelling value in this area is approximately $408,000, based on census data via Neighbourly.
What is the median household income in Edmonton?
The median household income in this area is approximately $96,000.
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