8021 87 Street, Edmonton, AB T6C 4E8
Courtesy of Chun Yuan of Initia Property Management.
- $1,580,000
- 4
- BD
- 3
- BA
- 3,891
- SqFt
- List Price
- $1,580,000
- MLS® #
- E4495019
- Bedrooms
- 4
- Bathrooms
- 3
- Year Built
- 2022
- Region
- Edmonton
- Community
- King Edward Park
Property Description
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.
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