AlbertaSell Alberta • Small Multifamily • Seller-First
Alberta Small Multifamily — Duplex to 4-Plex MLS®
Alberta small multifamily works when the file is clean: verified rents, clear utilities, and realistic capex. Buyers: we help you underwrite with discipline. Sellers: we help you package the data buyers need so offers stay strong.
Alberta Small Multifamily: Underwriting Framework
The deals that close cleanly are the ones where income is verified, utilities are understood, and reserves are honest. Use this structure to compare Edmonton vs Calgary vs other Alberta markets without guessing.
Buyer: Verify Income
Rent roll, leases, deposits, arrears, and utility responsibility. If it’s not documented, it’s not underwritten.
Buyer: Expenses + Reserves
Taxes, insurance, vacancy, repairs, management, and capex reserves. Underwrite reality, not optimism.
Seller: Sell Certainty
Strong offers show up when buyers trust the file: rent roll, unit notes, receipts, and simple disclosures.
Quick Due Diligence Checklist (Small Multifamily)
- Tenancy: leases, rent roll, deposits, arrears, renewal timing, tenant notes.
- Utilities: responsibility by unit, meter setup, historic bills, shared services.
- Operating costs: taxes, insurance, maintenance, vacancy, management allowance.
- Capital items: roof/windows/mechanicals, grading/drainage, parking, common areas.
- Compliance: permits, zoning, life safety items, suite status (where relevant).
- Offer structure: conditions aligned to verification steps + timelines (clean + enforceable).