MJ Group is proud to present a 116 townhome investment opportunity in St. Albert, located in one of the most desirable and established suburban markets in the Edmonton region. This project is eligible under the CMHC MLI Select program, offering as low as 5% down payment and up to 50-year amortization, allowing investors to maximize leverage, preserve capital, and significantly enhance cash flow from day one.

This purpose-built development features spacious 1,515 sq ft townhomes, each with double car garages, designed to attract high-quality tenants and end-users. With a total of 200 parking stalls, the project is well-positioned to support strong tenant demand while offering convenience and long-term livability.

St. Albert is widely recognized for its strong demographics, higher household incomes, and family-oriented environment, making it one of the most stable rental markets in the region. The community benefits from close proximity to major commuter routes, providing seamless access to employment hubs, while also being just minutes from key retail centers, schools, and recreational amenities. Downtown Edmonton is approximately 15–20 minutes away, ensuring accessibility for working professionals, while nearby shopping destinations and grocery anchors are within a 5–10 minute drive, supporting everyday convenience for residents.

From an investor standpoint, this asset offers strong rental potential driven by larger unit sizes, premium product type, and a high-demand location with limited comparable supply. The scale of 116 units provides operational efficiencies and long-term scalability, making it a rare opportunity to secure a larger multifamily asset in a high-barrier, affluent rental market.

This is a turnkey, stabilized investment opportunity with exclusive incentives, creating a highly capital-efficient entry into one of the most resilient and desirable rental markets in Alberta.