One title, one mortgage
1,410 sq ft
595 sq ft
Rear-lane detached
Purpose-built for two tenancies.
Finished to a standard tenants pay for.
Photographed in a completed home of the same specification. Finishes may vary by lot.
Everything in this list is in the price.
Specifications, finishes and dimensions are subject to change without notice and may vary by lot and elevation. Illustrations are artist’s impressions. E.&O.E.
A city that runs on jobs, not commutes.
Leduc sits just south of Edmonton on the QEII, immediately next to Edmonton International Airport and the Nisku Business Park — at 5,050 acres, the largest energy-manufacturing industrial park in Canada, with more than 400 businesses on it. Between Nisku and the Leduc Business Park the area draws on a labour pool of over 15,000 skilled trades.
That employment base is why rental demand here is shift workers and trades households rather than students. Leduc’s population is up 3.0% in a year and 17.1% over five, among the faster-growing municipalities in Alberta, and new rental supply has not kept pace. A legal two-unit home lets you serve two different tenant budgets on one lot.
+3.0% year over year
Largest such park in Canada
15,000+ skilled trades
24-hour air-cargo hub
Airport and Nisku shift workers, trades and energy-services households, young families priced out of south Edmonton, and airline crew who need to be minutes from the terminal. Two unit sizes on one title means you can rent to a family upstairs and a single worker below.
Leduc has its own Costco, along with the full big-box and grocery run, the Leduc Recreation Centre, a hospital and schools across every grade — so tenants are not driving into Edmonton for the basics. Parks, walking trails and green space throughout the newer communities.
Alberta charges no land transfer tax and no development charges — on a purchase this size that is thousands that stays in your pocket rather than going to closing costs. Add a landlord-friendly tenancy framework, no provincial rent control, and YEG’s Airport City campus drawing roughly $1.5 billion over the past decade to keep the job base growing next door.
Population growth: Alberta Regional Dashboard municipal estimates, 2025. Nisku figures: Leduc County and Nisku Business Association. Drive times approximate. Past growth is not a forecast of future performance.
What two doors actually pay you.
Every field is editable. Defaults reflect current market rents for this product — $2,200 upper, $1,200 lower — at a 30-year conventional amortization. Change anything and the numbers move with you.
Estimates only, using monthly-compounded financing and your assumptions. Pre-tax pro-forma; not a projection of actual results, and not a promise of cash flow. Rates, taxes and rents change — verify with your mortgage professional and accountant.
Illustrative projection — 4%/yr appreciation, rents and operating expenses both growing 4%/yr, plus principal paydown. Not guaranteed.
The smallest asset that still behaves like multi-family.
The suite carries a meaningful share of the payment. A single-family rental at the same price gives you one cheque and one point of failure; here, one vacancy doesn't take the whole income with it.
A standard residential mortgage on a 30-year amortization. Qualification leans on your income, credit and the documented rents rather than the net-worth test that MLI Select underwriting applies — so this is often the first door for an investor building toward it.
Because the second unit is permitted and built to code, its rent is documentable income rather than a grey-market add-on — and it stays insurable and enforceable if a tenancy goes sideways.
An eight-plex sells to investors. This sells to investors and to families who want the suite to help with their own mortgage — a far deeper buyer pool when you decide to move on.
Quartz counters, LVP, a high-efficiency furnace, HRV and a 50-gallon tank — all new, all under new-home warranty. Your first years of ownership are about leasing and rent growth, not roofs and furnaces.
We manage these in house, so an out-of-town owner has one team for the purchase, the lease-up and the tenants. Alberta also charges no land transfer tax and no development charges, so more of your cash goes into the asset.
Underwriting on a dual income home is led by your personal income, credit and net worth alongside the property's documented rents. Eligibility and final terms are subject to lender approval and vary by applicant. Nothing here is a promise of cash flow.