Brand new, custom-built 5-plex offering a premier turnkey investment opportunity in Morinville! This high-quality property is designed for exceptional cash flow, featuring a total of 11 bedrooms & 11 bathrooms. The two expansive end units each offer a 3-bedroom upper level plus a separate entrance to a legal 1-bedroom, 1-bathroom basement suite, complete with independent utilities including two furnaces, meters, & electrical panels. The middle unit provides a private 3-bedroom, 2.5-bathroom layout with an unspoiled basement. The property includes 3 double attached garages & will be delivered completely turnkey with all appliances, full fencing, a maintenance-free deck, & landscaping. Enjoy the flexibility to live in one unit while renting the others or generate income from all five. Ideally located within walking distance to Downtown Morinville and just a 12-minute drive to St. Albert Costco & amenities, this is a rare chance to secure a sophisticated investment in a strategic location.
Property Type:
Single Family
Dwelling Type:
Triplex
Home Style:
2 Storey
Total Floor Area:
1,405.02 sq. ft.131 m2
Price Per SqFt:
$961.24
Total area above grade.:
1,405 sq. ft.130.53 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Separate Entrance:
Yes
Lot Shape:
Rectangular
Grade Level Entry:
No
Levels:
3
Exposure / Faces:
North
Year built:
2025
(Age: 1)
Bedrooms:
8
(Above Grd: 6)
Bathrooms:
11.0
(Full:8/Half:3)
Total Rooms Above Grade:
9
Plan:
1722666
Building Type:
Tri-Plex
Construction:
Wood, Stone, Vinyl
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Carpet, Ceramic Tile, Vinyl Plank
Heating:
Forced Air-1, Natural Gas
Fireplace:
Yes
Fireplace Fuel:
Electric
Fireplace Type:
Heatilator/Fan
Parking:
Double Garage Detached
Garage:
Yes
Ensuite:
Yes
Ceiling 9 ft., Parking-Extra, 9 ft. Basement Ceiling
Morinville
Fenced, Landscaped, Public Swimming Pool, Public Transportation, Shopping Nearby
Ceiling 9 ft., Parking-Extra, 9 ft. Basement Ceiling
Fenced, Landscaped, Public Swimming Pool, Public Transportation, Shopping Nearby
Data was last updated March 4, 2026 at 07:30 AM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$499,555
Min list price:
$215,000
Max list price:
$1,350,555
Avg days in system:
42
Min days in system:
2
Max days in system:
200
Avg price per sq.ft.:
$300.88
These statistics are generated based on the current listing's property type
and located in
Morinville. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on March 4, 2026 at 07:30 AM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.