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Listing Details

For more information on this listing or other please contact me.

Courtesy of Initia Property Management.
Data was last updated 2025-06-25 at 20:18:11 GMT

8021 87 Street   Edmonton, Alberta

$1,580,000
MLS®: E4495019
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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.

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.

Listing Information

Prop. Type:
Triplex
Property Style:
2 Storey
Status:
Active
City:
Edmonton
MLS® Number:
E4495019
Bedrooms:
4
Neighbourhood:
King Edward Park
Area:
Edmonton
Province:
Alberta
Listing Price:
$1,580,000

General Information

Year Built:
2022
Total Square Feet:
3892ft2

Additional Information

Basement Dev:
Full, Finished
Parking:
Stall

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This property is listed by Initia Property Management and provided here courtesy of Jeff Tidswell. For more information or to schedule a viewing please contact Jeff Tidswell.
Jeff Tidswell
Royal Lepage Noralta Real Estate
Phone: 780-431-5600
Mobile Phone: 780-975-3211
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.