8021 87 Street, Edmonton, AB T6C 4E8
Courtesy of Chun Yuan of Initia Property Management.
- $1,450,000
- 4
- BD
- 3
- BA
- 3,891
- SqFt
- List Price
- $1,450,000
- Status
- ACTIVE
- Days on Market
- 80
- Price Change
- ▼ $130,000 1786076569
- MLS#
- E4495019
- Subtype
- Residential
- Style
- 2 Storey
- Year Built
- 2022
- Bedrooms
- 4
- Bathrooms
- 3
- Full Baths
- 3
- Half Baths
- 1
- Living Area
- 3,891
- Lot Size
- 544
- MLS Area Major
- Edmonton
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.
/u.realgeeks.media/theagencyedmonton/AGENCY_RED_(1).png)
Additional Information
- Interior Features
- ensuite bathroom
- Exterior Features
- Corner Lot, Landscaped, Public Transportation, Schools, Shopping Nearby
- Community Features
- King Edward Park
- Property Description
- 2 Storey
- Appliances
- See Remarks
- Heating
- Forced Air-2, Natural Gas
- Levels
- 3
- Roof
- Asphalt Shingles
- Foundation
- Concrete Perimeter
- Parking Features
- Stall
Mortgage Calculator
MLS® System Data is made available from the REALTORS® Association of Edmonton. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data was last updated .
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.