Idylwylde 8-Plex CMHC Qualifying Project!

Own a $2.3M income property in Edmonton with as little as $166,000 down.

Oversized units, 2 bedroom basement suites with semi walkouts, and A+ location…

• Purchase price: $2.3M
• Projected monthly cashflow: $1,816
• Debt‑service coverage ratio (DSCR): 1.19
• Interest rate: 4.3 % (estimated)
• CMHC premium: 5.55 %

INVESTOR QUALIFICATIONS:

25% Net Worth: $575,000 | 10% Liquidity: $230,000 | Cash Required: $166,500

Property Configuration

• Main Floor Units (4 units): – 4 bedrooms, 3 bathrooms – 1,414 sq ft each
• Basement Units (4 units): – 2 bedroom, 1 bathroom – 654 sq ft each – OVERSIZED UNITS
• Possession – June 2026

MLI Select Project Cashflow Projections

Next let’s take a look at the cashflow projections for this MLI Select investment.

About The Location – Idylwylde Edmonton

1. A Quiet, Family-Oriented Gem

Idylwylde is celebrated for its peaceful, residential charm—ideal for families or tenants seeking comfort and stability. The neighborhood features two parks and a legacy of single-family homes, contributing to its warm, community-focused feel.

2. Excellent Access to Amenities & Nature

• Just west lies Bonnie Doon Shopping Centre, offering residents easy access to retail, services, and the nearby Idylwylde Public Library.
• Nature lovers benefit from proximity to Mill Creek Ravine—a network of trails and green space perfect for recreation.
• The vibrant Whyte Avenue (82nd Avenue) corridor, known for dining, shopping, and nightlife, is also within reach.

3. Deep Roots & Strong Community Ties

Named from the Welsh “idyll,” evoking peaceful rural life, the neighborhood embodies calm and charm. It was integrated into Edmonton by 1913 and saw growth in the 1950s.
Residents play an active role through the Idylwylde Community League, established in 1955, which hosts local events and maintains communal facilities.

4. Stable, Mature Market

With about 1,800 residents and approximately 900 homes, Idylwylde maintains a stable, mature real estate market.
Livability scores are strong—earning high marks for amenities, safety, and commute.
Established housing stock ensures predictability for investors, while nearby redevelopment provides upside potential.

5. Strategically Located for Future Growth

Part of southeast Edmonton’s residential core, Idylwylde is well-positioned to benefit from surrounding economic and development trends—without sacrificing its neighborhood appeal.
This blend of location, stability, and growth potential makes it a compelling choice for long-term real estate investors.

Rental Market Opportunity

Target Market: Industrial workers, young professionals, families Income Stability: High-paying industrial jobs provide reliable tenants Rent Growth: Increasing rental prices support cash flow growth Occupancy: Low vacancy rates ensure consistent rental income 

Long-term Appreciation Potential

1. Infrastructure Investment: Continued development of northeast Edmonton

2. Employment Growth: Expanding industrial base drives housing demand 

3. Community Development: New amenities and services increase property values 

4. Transportation Improvements: LRT extensions and highway upgrades

Why CMHC MLI Select Matters

CMHC’s MLI Select program encourages socially and environmentally responsible rental housing. Key benefits include:

• Reduced insurance premiums & longer amortizations: Projects earn incentives by accumulating points for affordability, energy efficiency and accessibility. 50 points or more unlocks higher loan‑to‑value ratios and extended amortization periods.
• High leverage and low DSCR: New‑construction projects can finance up to 95 % loan‑to‑cost with amortization up to 50 years and minimum debt‑coverage ratio of 1.10.
• Affordability criteria: at least 10–25 % of units must be priced at or below 30 % of the median renter income for the local market, with commitments lasting 10 years or more.
• Energy efficiency & accessibility: additional points are earned for buildings that exceed 2017 building code energy requirements by ≥20–40 % and for accessible or universal‑design units.

Our project’s mix of market and affordable units positions it to achieve the necessary point threshold, enabling lower interest rates and higher leverage compared to conventional financing.

📞 Next Steps

This opportunity is limited to 4 townhomes, and with Edmonton’s rental demand showing no signs of slowing, these units are poised to attract strong, reliable tenants. If you’re interested in detailed pro formas, floor plans or financing structures, contact Joshua Clark (New Homes Alberta | eXp Realty) using the form below or via the usual channels.

This is a rare chance to invest in a purpose‑built, MLI‑Select‑qualified community in one of Edmonton’s most exciting new neighbourhoods. Secure your unit before they’re gone!