Turn-key investment opportunity in desirable King Edward Park! This 2022-built triplex offers 5 income-producing rental units, including 2 legal basement suites with separate entrances. The property features three townhouse-style units; Units 8021 and 8025 each include a self-contained 1-bedroom legal basement suite, while Unit 8023 includes an unfinished basement as part of the main unit. Each upper unit offers 3 bedrooms, 2.5 bathrooms, modern finishes, and upper-floor laundry. Situated on a corner lot just minutes from Bonnie Doon Mall, Whyte Ave, Downtown, Mill Creek Ravine, schools, transit and the Valley Line LRT. Fully leased with established tenants and professionally managed. Buyer may have the opportunity to assume the existing CMHC MLI Select mortgage, subject to lender and CMHC approval. Rent roll and financial information available.
Address
8021 87 ST NW
List Price
$1,580,000
Property Type
Residential
Type of Dwelling
Triplex
Style of Home
2 Storey
Transaction Type
Sale
Area
Edmonton
Sub-Area
King Edward Park
Bedrooms
4
Bathrooms
4
Half Bathrooms
1
Floor Area
3,892 Sq. Ft.
Lot Size
5858.58 Sq. Ft.
Lot Shape
Irregular
Year Built
2022
MLS® Number
E4495019
Listing Brokerage
Initia Property Management
Postal Code
T6C 4E8
Zoning
Zone 17
Parking
Stall
Community Features
See Remarks
Exterior Features
Corner Lot, Landscaped, Public Transportation, Schools, Shopping Nearby
Interior Features
ensuite bathroom
Heat Type
Forced Air-2, Natural Gas
Construction Materials
Wood, Vinyl
Direction Faces
South
Foundation Details
Concrete Perimeter
Garage Type
No
Roof
Asphalt Shingles
Access To Property
Concrete