MJ Group is pleased to present a rare institutional-scale multifamily investment opportunity located in the established and high-demand community of Glenwood in west Edmonton. This 6-storey, 101-unit apartment building represents a true scale asset in a mature neighborhood where opportunities of this size are extremely limited. With a low per-unit entry point relative to its scale, this project allows investors to secure significant density in a proven rental corridor with strong long-term fundamentals.

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 enables investors to control a large asset with minimal capital deployment while maximizing cash flow and long-term returns. When combined with the scale of 101 units, it creates a powerful wealth-building opportunity that is rarely available in today’s market.

Glenwood is one of west Edmonton’s most established and resilient communities, characterized by a strong rental base and consistent tenant demand. Its strategic location provides seamless access to Downtown, major transit routes, and key west-end amenities including major retail centers, schools, parks, and employment hubs. The area continues to attract a diverse tenant profile ranging from working professionals to families, driven by its balance of affordability, accessibility, and livability.

From a supply perspective, large-scale multifamily developments of this nature are extremely rare within Glenwood and similar mature communities, where zoning, land assembly, and development constraints limit new inventory. This creates a favorable supply-demand dynamic that supports long-term occupancy and rental growth. With its scale, efficient design, and prime location within a proven rental market, this 101-unit development offers investors a unique opportunity to acquire a high-performing, income-producing asset with strong fundamentals and long-term appreciation potential.