Multifamily deals across Canada, with the CMHC rules beside them.

KS Cashflow is a deal-source list of 5+ unit rental buildings across Canada, most of them in the Edmonton area. Each listing shows the figures from the inventory sheet, and the CMHC MLI Select rules that shape these deals are explained with a source on every number.

Browse the inventory How MLI Select works

Current inventory

Listings in 7 cities; sold rows are not shown

Showing 21 of 21 listings, in sheet order

Multifamily inventory from the inventory sheet. Column headers with arrows sort the table.
Property	City	Status			¹	¹	Total down¹		Request
754-unit PortfolioOttawa	Ottawa	New	$300,000,000	$397,878754 doors	—	4.25%	$60,000,000	—	Details
20 UnitOttawa	Ottawa	New	$7,700,000	$385,00020 doors	1.10×	4.60%	12%	April 2027	Data room
29 UnitToronto	Toronto, ON	New	Price on request	—29 doors	—	4.50%	—	—	Details
38 PlexGarneau	Edmonton, AB	Under Contract	$8,450,000	$222,36838 doors	1.10×	5.22%	7.25% TakeoutDeposit: 50K Initial; Bal to 7.25% upon Firm	Feb 2027	Data room
50 PlexBeaumont	Beaumont, AB	Under Contract	$13,300,000	$266,00050 doors	1.19×	5.77%	5% TakeoutDeposit: 50K Initial; Bal to 5% upon Firm	—	Data room
6 PlexMontrose	Edmonton, AB	New	$1,680,000	$280,0006 doors	1.11×	5.40%	5% TakeoutDeposit: 10K Initial; Bal to 5% upon Firm	Feb 2027	Data room
8 PlexSpruce Avenue	Edmonton, AB	Under Contract	$2,150,000	$268,7508 doors	1.16×	5.72%	5% Takeout	Apr 2027	Data room
11 PlexDelton	Edmonton, AB	Available	$2,987,315	$271,57411 doors	1.22×	5.48%	5% TakeoutDeposit: 20K Initial; Bal to 5% upon Firm	—	Data room
92 UnitGlenwood	Edmonton, AB	Available	$23,419,820	$254,56392 doors	1.19×	5.60%	5% TakeoutDeposit: 100K Initial; Bal to 5% upon Firm	—	Details
18 PlexWest Jasper	Edmonton, AB	Available	$5,356,000	$297,55618 doors	1.16×	5.37%	5% TakeoutDeposit: 50K Initial; Bal to 5% upon Firm	March 2027	Data room
8 PlexMill Woods	Edmonton, AB	Available	$2,200,000	$275,0008 doors	1.16×	5.32%	5% TakeoutDeposit: 10K Initial; Bal to 5% upon Firm	March 2027	Data room
48 UnitMayfield	Edmonton, AB	Available	$11,100,000	$231,25048 doors	1.20×	5.54%	5% TakeoutDeposit: 100K Initial; Bal to 5% upon Firm	October 2027	Data room
9+1Killarney	Edmonton, AB	Available	$2,550,000	$255,00010 doors	1.21×	5.59%	5% TakeoutDeposit: 10K Initial; Bal to 5% upon Firm	—	Data room
6+ADU57 Westwood Ave	Toronto, ON	Available	$3,534,723	$504,9607 doors	1.12×	4.90%	10% TakeoutDeposit: 20K Initial; Bal to 10% upon Firm	Jan 2027	Data room
28 UnitRymal Rd	Hamilton, ON	Available	$16,995,000	$606,96428 doors	1.16×	4.98%	10% TakeoutDeposit: 50K Initial; Bal to 10% upon Firm	—	Data room
32 PlexCreekside Leduc	Leduc, AB	Unavailable	$10,932,192	$341,63132 doors	1.22×	5.70%	5% TakeoutDeposit: 50K Initial; Bal to 5% upon Firm	—	Data room
8 PlexWest Jasper	Edmonton, AB	Unavailable	$2,200,000	$275,0008 doors	1.29×	5.92%	5% TakeoutDeposit: 10K Initial; Bal to 5% upon Firm	—	Data room
22 PlexLeduc	Edmonton, AB	Unavailable	$6,646,156	$302,09822 doors	1.25×	6.10%	5% DrawDeposit: 10K Initial; Balance to 5% upon firm	May 2027	Data room
32 PlexLeduc	Edmonton, AB	Unavailable	$9,985,870	$312,05832 doors	1.25×	6.30%	5% DrawDeposit: 50K Initial; Balance to 5% upon firm	May 2027	Data room
8 PlexCalder	Edmonton, AB	Unavailable	$2,700,000	$337,5008 doors	1.21×	5.56%	5% TakeoutDeposit: 20K Initial; Bal to 5% upon Firm	—	Data room
78 UnitsNew Brunswick	Saint John, NB	Unavailable	$24,667,158	$316,24678 doors	1.14×	5.70%	5% DrawDeposit: 100K Initial; Balance to 5% upon firm	—	Data room

754-unit PortfolioOttawa
New
Price
$300,000,000
Per door
$397,878 · 754 doors
DSCR¹
—
Cap rate¹
4.25%
Total down¹
$60,000,000
Completion
—
Request details
20 UnitOttawa
New
Price
$7,700,000
Per door
$385,000 · 20 doors
DSCR¹
1.10×
Cap rate¹
4.60%
Total down¹
12%
Completion
April 2027
Request data room
29 UnitToronto · Toronto, ON
New
Price
On request
Per door
— · 29 doors
DSCR¹
—
Cap rate¹
4.50%
Total down¹
—
Completion
—
Request details
38 PlexGarneau · Edmonton, AB
Under Contract
Price
$8,450,000
Per door
$222,368 · 38 doors
DSCR¹
1.10×
Cap rate¹
5.22%
Total down¹
7.25% Takeout
Completion
Feb 2027
Deposit
50K Initial; Bal to 7.25% upon Firm
Request data room
50 PlexBeaumont · Beaumont, AB
Under Contract
Price
$13,300,000
Per door
$266,000 · 50 doors
DSCR¹
1.19×
Cap rate¹
5.77%
Total down¹
5% Takeout
Completion
—
Deposit
50K Initial; Bal to 5% upon Firm
Request data room
6 PlexMontrose · Edmonton, AB
New
Price
$1,680,000
Per door
$280,000 · 6 doors
DSCR¹
1.11×
Cap rate¹
5.40%
Total down¹
5% Takeout
Completion
Feb 2027
Deposit
10K Initial; Bal to 5% upon Firm
Request data room
8 PlexSpruce Avenue · Edmonton, AB
Under Contract
Price
$2,150,000
Per door
$268,750 · 8 doors
DSCR¹
1.16×
Cap rate¹
5.72%
Total down¹
5% Takeout
Completion
Apr 2027
Request data room
11 PlexDelton · Edmonton, AB
Available
Price
$2,987,315
Per door
$271,574 · 11 doors
DSCR¹
1.22×
Cap rate¹
5.48%
Total down¹
5% Takeout
Completion
—
Deposit
20K Initial; Bal to 5% upon Firm
Request data room
92 UnitGlenwood · Edmonton, AB
Available
Price
$23,419,820
Per door
$254,563 · 92 doors
DSCR¹
1.19×
Cap rate¹
5.60%
Total down¹
5% Takeout
Completion
—
Deposit
100K Initial; Bal to 5% upon Firm
Request details
18 PlexWest Jasper · Edmonton, AB
Available
Price
$5,356,000
Per door
$297,556 · 18 doors
DSCR¹
1.16×
Cap rate¹
5.37%
Total down¹
5% Takeout
Completion
March 2027
Deposit
50K Initial; Bal to 5% upon Firm
Request data room
8 PlexMill Woods · Edmonton, AB
Available
Price
$2,200,000
Per door
$275,000 · 8 doors
DSCR¹
1.16×
Cap rate¹
5.32%
Total down¹
5% Takeout
Completion
March 2027
Deposit
10K Initial; Bal to 5% upon Firm
Request data room
48 UnitMayfield · Edmonton, AB
Available
Price
$11,100,000
Per door
$231,250 · 48 doors
DSCR¹
1.20×
Cap rate¹
5.54%
Total down¹
5% Takeout
Completion
October 2027
Deposit
100K Initial; Bal to 5% upon Firm
Request data room
9+1Killarney · Edmonton, AB
Available
Price
$2,550,000
Per door
$255,000 · 10 doors
DSCR¹
1.21×
Cap rate¹
5.59%
Total down¹
5% Takeout
Completion
—
Deposit
10K Initial; Bal to 5% upon Firm
Request data room
6+ADU57 Westwood Ave · Toronto, ON
Available
Price
$3,534,723
Per door
$504,960 · 7 doors
DSCR¹
1.12×
Cap rate¹
4.90%
Total down¹
10% Takeout
Completion
Jan 2027
Deposit
20K Initial; Bal to 10% upon Firm
Request data room
28 UnitRymal Rd · Hamilton, ON
Available
Price
$16,995,000
Per door
$606,964 · 28 doors
DSCR¹
1.16×
Cap rate¹
4.98%
Total down¹
10% Takeout
Completion
—
Deposit
50K Initial; Bal to 10% upon Firm
Request data room
32 PlexCreekside Leduc · Leduc, AB
Unavailable
Price
$10,932,192
Per door
$341,631 · 32 doors
DSCR¹
1.22×
Cap rate¹
5.70%
Total down¹
5% Takeout
Completion
—
Deposit
50K Initial; Bal to 5% upon Firm
Request data room
8 PlexWest Jasper · Edmonton, AB
Unavailable
Price
$2,200,000
Per door
$275,000 · 8 doors
DSCR¹
1.29×
Cap rate¹
5.92%
Total down¹
5% Takeout
Completion
—
Deposit
10K Initial; Bal to 5% upon Firm
Request data room
22 PlexLeduc · Edmonton, AB
Unavailable
Price
$6,646,156
Per door
$302,098 · 22 doors
DSCR¹
1.25×
Cap rate¹
6.10%
Total down¹
5% Draw
Completion
May 2027
Deposit
10K Initial; Balance to 5% upon firm
Request data room
32 PlexLeduc · Edmonton, AB
Unavailable
Price
$9,985,870
Per door
$312,058 · 32 doors
DSCR¹
1.25×
Cap rate¹
6.30%
Total down¹
5% Draw
Completion
May 2027
Deposit
50K Initial; Balance to 5% upon firm
Request data room
8 PlexCalder · Edmonton, AB
Unavailable
Price
$2,700,000
Per door
$337,500 · 8 doors
DSCR¹
1.21×
Cap rate¹
5.56%
Total down¹
5% Takeout
Completion
—
Deposit
20K Initial; Bal to 5% upon Firm
Request data room
78 UnitsNew Brunswick · Saint John, NB
Unavailable
Price
$24,667,158
Per door
$316,246 · 78 doors
DSCR¹
1.14×
Cap rate¹
5.70%
Total down¹
5% Draw
Completion
—
Deposit
100K Initial; Balance to 5% upon firm
Request data room

¹Source figures from the inventory sheet. Price, DSCR, cap rate, total down, deposit and completion are shown as the sheet supplies them. They are not CMHC figures and are not verified by CMHC; confirm every number in the data room and with your lender. DSCR is shown as a ratio (the sheet writes 110.00% for 1.10×). Doors are read from the type (“6+ADU” counts 7), and price per door is price divided by doors.

Data rooms are shared on request. Use “Request data room” on a listing and the inquiry form opens with that listing filled in.

Data source: Loaded from the shared sheet export
As of: Fetched Oct 15, 2026, 8:18 a.m. ET, refreshed about every 15 minutes
Sheet note: Last Update: 1:38PM EDT October 13, 2026

How MLI Select works

Many listings above are new purpose-built rentals of the kind financed with CMHC MLI Select. The short version, with CMHC’s own figures:

Read the full explainer

MLI Select is CMHC multi-unit mortgage loan insurance that uses a point system to offer insurance incentives based on affordability, energy efficiency and accessibility, for new construction and existing properties.CMHC MLI Select pageas of Oct 15, 2026(opens official source in a new tab)
A project qualifies at 50 points; 70 and 100 points unlock more. At 100 points: up to 95% loan-to-cost on new construction, up to 50-year amortization and a 30% premium discount.CMHC MLI Select fact sheetas of Oct 15, 2026(opens official source in a new tab)
Minimum debt coverage ratio (DCR): 1.10 for standard rental housing, 1.20 for other shelter models, 1.40 for non-residential space.CMHC MLI Select pageas of Oct 15, 2026(opens official source in a new tab)
CMHC issues a Certificate of Insurance, which carries Special Conditions the borrower must meet. The commitment letter is the lender’s document.CMHC required documentation guideas of Oct 15, 2026(opens official source in a new tab)

Edmonton and Alberta, in figures

Most current listings are in the Edmonton area. Market context from CMHC and the Government of Alberta:

Alberta market context

Edmonton CMA purpose-built apartment vacancy was 3.8% in October 2025, up from 3.1% a year earlier.CMHC Rental Market ReportOctober 2025 survey(opens official source in a new tab)
Edmonton CMA average two-bedroom apartment rent was $1,603.CMHC Rental Market ReportOctober 2025 survey(opens official source in a new tab)
Alberta’s population was 5,101,050 on July 1, 2026, up 1.52% year over year.Alberta Quarterly Population ReportJuly 1, 2026(opens official source in a new tab)
CMHC’s 2027 permitted CPI percentage for Alberta is 0.1%.CMHC MLI Select pageas of Oct 15, 2026(opens official source in a new tab)

Common questions

All 14 questions

What is CMHC MLI Select?

MLI Select is CMHC mortgage loan insurance for rental buildings with five or more units. It uses a point system: owners who commit to affordability, energy efficiency or accessibility get better insurance terms, such as higher loan-to-value, longer amortization and lower premiums. A project needs at least 50 points to qualify.

Sources for this answer

What does each tier unlock?

50 points: up to 95% loan-to-cost on new construction (existing buildings up to 85% loan-to-value), up to 40-year amortization, 10% premium discount.
70 points: up to 95%, up to 45 years, 20% discount.
100 points: up to 95%, up to 50 years, 30% discount, and limited recourse.

The minimum debt coverage ratio for standard rental housing is 1.10 at every tier.

Sources for this answer

What document does CMHC issue?

The lender applies with a “Request – Certificate of Insurance”.
CMHC issues a Certificate of Insurance, with Special Conditions the borrower must meet.
The commitment letter comes from the lender, not CMHC.
CMHC does not publish a processing-time standard for 5+ unit applications.

Sources for this answer

Want the data room for a listing, or a deal like these?

Say which listing you are looking at, or what you are looking for. The form opens an email with your details filled in.

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Multifamily deals across Canada, with the CMHC rules beside them.

Current inventory

754-unit PortfolioOttawa

20 UnitOttawa

29 UnitToronto · Toronto, ON

38 PlexGarneau · Edmonton, AB

50 PlexBeaumont · Beaumont, AB

6 PlexMontrose · Edmonton, AB

8 PlexSpruce Avenue · Edmonton, AB

11 PlexDelton · Edmonton, AB

92 UnitGlenwood · Edmonton, AB

18 PlexWest Jasper · Edmonton, AB

8 PlexMill Woods · Edmonton, AB

48 UnitMayfield · Edmonton, AB

9+1Killarney · Edmonton, AB

6+ADU57 Westwood Ave · Toronto, ON

28 UnitRymal Rd · Hamilton, ON

32 PlexCreekside Leduc · Leduc, AB

8 PlexWest Jasper · Edmonton, AB

22 PlexLeduc · Edmonton, AB

32 PlexLeduc · Edmonton, AB

8 PlexCalder · Edmonton, AB

78 UnitsNew Brunswick · Saint John, NB

How MLI Select works

Edmonton and Alberta, in figures

Common questions

Want the data room for a listing, or a deal like these?