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.
Current inventory
Listings in 10 cities; sold rows are not shown
Showing 26 of 26 listings, in sheet order
- Data room on request
29 UnitToronto · Toronto, ON
NewData room on request20 UnitOttawa · Ottawa, ON
New8 PlexBrooks · Brooks, AB
New7 PlexBonnie Doon · Edmonton, AB
New6 PlexMontrose · Edmonton, AB
New70 Unit + 4 Commercial31 Riel Ave · Winnipeg, MB
New8 Plex8319 44 Ave NW (Bowness) · Calgary, AB
New38 PlexGarneau · Edmonton, AB
Under Contract50 PlexBeaumont · Beaumont, AB
Under Contract48 PlexBeaumont · Beaumont, AB
Under Contract11 PlexDelton · Edmonton, AB
Available92 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
Data room on request18 PlexWest Jasper · Edmonton, AB
Available8 PlexMill Woods · Edmonton, AB
Available48 UnitMayfield · Edmonton, AB
Available6 Plex + ADU57 Westwood Ave · Toronto, ON
Available28 UnitRymal Rd · Hamilton, ON
Available9 PlexBeacon Heights · Edmonton, AB
Available8 PlexGlenora · Edmonton, AB
Available32 PlexCreekside Leduc · Leduc, AB
Unavailable8 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
Data room on request22 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; Bal to 5% upon Firm
Data room on request32 PlexLeduc · Edmonton, AB
Unavailable8 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
Data room on request78 UnitNew Brunswick · Saint John, NB
Unavailable
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.
Use “Open data room” on a listing to open its Google Drive data room in a new tab. Listings without a button have no data room link yet.
- Data source
- Loaded from the shared sheet export
- As of
- Fetched Nov 2, 2026, 11:09 p.m. ET, refreshed about every 15 minutes
- Sheet note
- Last Update: 12:21PM EDT October 19, 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:
- 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 16 questionsWhat 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.
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.
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.
New to MLI Select, or ready to look at deals?
Start with the step-by-step guide to see how a CMHC-insured multifamily deal works, or go to the inventory table and filter the current listings.