MJ Group is proud to present a 34-unit apartment investment opportunity in Belvedere, located in the north-east part of Edmonton. 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 asset is designed to deliver strong and stable rental income, with efficient unit layouts and broad tenant appeal, making it well-suited for long-term hold strategies.

Belvedere stands out as a high-demand rental community driven by its exceptional connectivity and access to key amenities. The property is located approximately 3 minutes from Belvedere LRT Station, providing seamless transit access, and within 10 minutes to Downtown, making it highly attractive for working professionals. Londonderry Mall is just 5 minutes away, offering major retail and daily essentials, while Concordia University is within 8–10 minutes, supporting consistent rental demand from students and staff. The area is further supported by nearby schools, parks, and healthcare facilities, contributing to strong tenant retention.

From an investor standpoint, the asset benefits from strong and achievable market rents, supported by the area’s affordability and accessibility. The scale of 34 units provides a rare opportunity to acquire a larger multifamily asset in a well-established rental corridor with consistent demand drivers.

This is a turnkey, stabilized apartment investment with exclusive incentives, creating a highly capital-efficient entry into a proven and resilient rental market.