Edmonton Multifamily Infill Builder & Developer

Your lot.
Our expertise.
Your income.

FCX specializes in building purpose built rental properties that create long term wealth. We help investors transform underutilized land into high performing rental assets designed to maximize unit count, increase cash flow, and generate reliable income for decades. From feasibility and CMHC MLI Select financing through permitting and construction, we manage the entire development process, delivering a rent ready investment built for long term success.

View our projects
Sample projection: mid-market 4-plex + suites
Total rental units 8 units
Gross annual rent $169k / yr
Est. net operating income $116k / yr
Market Edmonton AB
Run your numbers →
Who we work with

Two types of clients.
One clear outcome.

Whether it's the home you live in or a rental you've held for years, FCX turns land you already own into a purpose-built rental asset.

I own a home or land in Edmonton

Your lot can hold more than you think

You have a lot, an older home, or land that's been sitting underused. Edmonton's new zoning allows up to 8 units on a mid-block lot, up to 10 on a corner lot. FCX handles everything, including permits, design and construction, so you walk away with a fully built, rent-ready multi-unit property.

  • No development experience needed
  • We maximize your allowable density
  • Transparent process from day one
  • You own the asset, with no equity split
See what your lot could be earning →
I already own a rental property

One door of rent on land that allows eight

The older house you've owned for years still rents, but it earns a single rent on a lot Edmonton now allows up to eight units on. The land isn't the problem. The building on it is. FCX replaces the building, not the investment, so you keep the same land and the same title at several times the income.

  • Redevelop without selling the land
  • Pro formas measured against your current rent
  • Demolition through handover, all managed
  • Purpose-built for long-term tenants

Don't own a lot yet? and we'll show you what's available.

How it works

We handle the whole build.
You keep the rental income.

Building a rental property is a big decision. FCX handles every detail from permits to handover, giving you confidence at every stage.

1
Free lot assessment
We evaluate your property and walk you through what's achievable: units, type and neighbourhood fit. No commitment required.
2
Let's talk numbers
We share examples of similar projects, with real builds and real returns. If it's a fit, we outline the next steps together.
3
Design
We move into architectural drawings and project design, the foundation for permits and construction.
4
Financing
We connect you with our network of lenders and brokers who understand development financing, so you're not figuring it out alone.
5
Build
FCX is the general contractor on site, running trades, inspections and schedule directly. Regular updates throughout.
6
Handover
You receive a completed, inspected, rent-ready property. Your asset, your next chapter.
Featured project
The Nest, an 8-unit purpose-built rental by FCX Developments
Fully Leased
High Park, Edmonton
Total units
8 units
Type
Purpose-built rental
Layouts
1 & 2 bedroom
Status
Fully leased ✓

An 8-unit purpose-built rental in High Park, Edmonton. Designed to maximize density within the RS zoning envelope, built to attract quality tenants, and fully leased on completion.

View full project →
Lot earnings calculator

What could your lot actually earn?

Adjust development type and market to see a real income projection for your Edmonton property.

1

Edmonton's new RS zoning changes everything

Up to 8 units on a mid-block lot, up to 10 on a corner lot. More units means more income on the same piece of land you already own.

2

Built to rent, not converted to rent

Every unit, upper or lower, is designed from the ground up for long-term tenants. No retrofits, no shortcuts, no compromises.

3

Your land, your asset, your income

No equity split, no partners. FCX builds it. You own it outright and control what happens next.

Sample projection: 4-plex + 4 suites · Mid-Market
$115,569
estimated annual NOI
Upper units (4 × $2,100)$100,800
Legal suites (4 × $1,300)$62,400
Garages (4 × $100)$4,800
Pet income (20% × $50)$960
Gross rent$168,960
Vacancy (5%) + OpEx (28%)− $53,391
Net operating income$115,569
Run my own numbers →
Why FCX

Built for owners who think
like investors

Density-maximized design

We design every project to the full legal potential of your lot under Edmonton's RS zoning. More units means more income on the land you already own.

Licensed builder and GC

FCX is a licensed builder in Alberta and acts as general contractor on every project. Your build is never handed to another company, so one team is accountable from permits to handover.

Cashflow-first builds

Every layout, finish, and feature is chosen to attract quality tenants and minimize vacancy, not to win design awards. Your returns matter more than aesthetics.

Edmonton specialists

We know Edmonton's mature neighbourhoods, zoning rules, and rental market inside out. This isn't our first multiplex infill.

Works for remote investors

Based in Ontario or BC? We've built a process for out-of-province investors, with regular updates, transparent reporting and a property handed over ready to income.

Built for CMHC financing

Every FCX property is built and structured to qualify for CMHC financing. We design to MLI Select requirements from the ground up, so the financing path is clear when you're ready, and we connect you with trusted lending partners.

FCX Developments is a certified member of the Infill Development in Edmonton Association (IDEA), which sets independently verified standards for quality infill construction in Edmonton.

Common questions

The questions we hear most

What can I build on my lot in Edmonton?

Edmonton's RS zoning allows up to 8 units on a mid-block lot and up to 10 on a corner lot, but the real limit is the size of your land. Take your lot area in square metres and divide it by 75 to get the maximum number of units. A 600 square metre lot reaches the 8 unit cap, while a 450 square metre lot works out to 6. If your lot is measured in square feet, divide by 807 instead. A free lot assessment confirms the figure for your address.

Do I have to sell my land to FCX?

No. You keep title to the land throughout and own the finished building outright. There is no equity split and FCX takes no stake in the property.

Does FCX build the project, or subcontract it?

FCX is a licensed builder in Alberta and acts as general contractor on every project. The build is never handed to another company, so one team is accountable from permits through to handover.

What is CMHC MLI Select?

It is a CMHC insured financing program for multi-unit rental properties. FCX designs every development to meet its requirements from the ground up and introduces you to lending partners who work with it. Final approval rests with CMHC and your lender.

Do I need development experience?

No. Most FCX clients have never built anything before. FCX handles permits, design, lender introductions and construction, and keeps you informed without burying you in construction decisions.

Can I do this if I do not live in Edmonton?

Yes. FCX works with owners based in Ontario, British Columbia and elsewhere, with regular updates and transparent reporting throughout, and hands over a property that is ready to rent.

How much could my property earn?

It depends on the lot, the build type and the neighbourhood. The lot earnings calculator gives an estimate you can adjust yourself, and a free lot assessment gives you a figure modelled on your actual property.

What is the first step?

A . FCX evaluates your property and walks you through what is achievable: units, type and neighbourhood fit, with no commitment required.

You've seen the numbers.
Now see yours.

Book a free 30-minute lot assessment. No obligation, just real numbers for your specific property.