MJ Group is proud to present a landmark mixed-use multifamily development located in the rapidly transforming Station Pointe district in northeast Edmonton. This large-scale project features 219 residential units alongside approximately 18,000 square feet of integrated commercial space, creating a true live-work environment designed for long-term stability and diversified income. Positioned on a high-exposure corner with strong frontage and multiple access points, the development benefits from exceptional visibility and direct transit connectivity, making it highly attractive for both residential tenants and retail users.

The project has been designed with institutional-grade planning, consisting of two purpose-built buildings with efficient layouts and a well-balanced unit mix. A strong portion of the units are two-bedroom configurations, supporting higher rental income and long-term tenant retention, complemented by one-bedroom and one-bedroom plus den layouts. The inclusion of ground-floor commercial space, dedicated amenity areas, and a structured site plan enhances both tenant experience and overall asset functionality. A large underground parkade along with additional surface parking further supports the scale and convenience of the development.

This opportunity is further strengthened by 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 allows investors to control a large, income-producing asset with minimal capital while maximizing cash flow and long-term returns. The combination of 219 residential units and stabilized commercial income creates a powerful, diversified revenue stream rarely available in a single asset.

Station Pointe is one of Edmonton’s key transit-oriented growth nodes, centered around direct LRT access and supported by ongoing infrastructure investment and urban revitalization. This positioning drives strong rental demand from a wide tenant base, including working professionals, transit users, and families seeking accessibility and convenience. As the city continues to prioritize density around transit corridors, large-scale mixed-use developments like this are becoming increasingly scarce, making this a rare opportunity to secure a high-performing asset in a high-growth location.