MJ Group is pleased to present a compelling multifamily investment opportunity located in the established and highly accessible community of Killarney in north Edmonton. This development offers investors the ability to secure a well-positioned asset in a mature rental corridor known for its affordability, consistent tenant demand, and strong connectivity. With functional layouts and broad tenant appeal, this property is positioned to deliver stable income with long-term upside.

What makes this opportunity even more compelling is the ability to leverage CMHC-backed financing under the MLI Select program, offering up to 50-year amortization and as low as 5% down. This structure allows investors to maximize leverage, preserve capital, and enhance cash flow efficiency, creating a highly scalable investment model within Edmonton’s multifamily market.

Situated in Killarney, the property benefits from its proximity to major arterial routes including 97 Street and 137 Avenue, providing direct access to Downtown Edmonton and key employment hubs. The area is well-served by transit and surrounded by essential amenities including schools, parks, retail centers, and healthcare services. This accessibility continues to attract a stable tenant base consisting of working professionals, families, and long-term residents.

Killarney remains one of north Edmonton’s most reliable rental communities, supported by a high proportion of renter-occupied housing and steady demand for attainable rental options. The neighborhood’s mature infrastructure, combined with limited new multifamily supply, creates a favorable supply-demand dynamic that supports occupancy and rental stability. With its strategic location and financing advantages, this asset represents a scalable, income-producing opportunity aligned with the ongoing demand for quality housing in Edmonton’s established communities.