8 Units in Ritchie

$2,500,000

24 Bedrooms

16 Bathrooms

About the Property & Community

Located in the vibrant and highly sought after community of Ritchie, this 8 unit multi-family development offers an exceptional opportunity to invest in one of Edmonton’s most desirable urban neighbourhoods. Situated just south of the North Saskatchewan River and minutes from Whyte Avenue, downtown Edmonton, and the University of Alberta, Ritchie is known for its strong rental demand, walkable amenities, and thriving local culture. Residents enjoy easy access to cafés, restaurants, boutique shops, parks, recreational trails, public transit, and major employment hubs, making the area highly attractive to professionals, students, and families alike. Combining a premium location with a thoughtfully designed rental product, this development is positioned to deliver strong long term income potential and property appreciation.

Features & Investor Advantages

Built with investors and tenants in mind, this Landridge multi-family development is designed to provide long term value, operational efficiency, and lasting rental appeal. Each unit features modern interiors, durable premium finishes, appliances, custom blinds, spacious 9 foot ceilings, fireplaces, feature walls, and functional layouts that maximize comfort and livability. Separate utility meters, practical storage solutions, and low maintenance exterior finishes help reduce ownership costs while simplifying property management. Investors also benefit from CMHC MLI Select financing eligibility, lower down payment requirements, extended amortization options, appraisal and Environmental Site Assessment fees covered by Landridge, complimentary property management for the first year, and additional investor incentives designed to enhance accessibility and support long term portfolio growth. Together, these features create a turnkey investment opportunity in one of Edmonton’s strongest and most desirable rental markets.

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Note: Gallery photos are from a Landridge showhome and are intended to illustrate comparable finishes, layouts and features.

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