Jason Thomas BCom
Royal Lepage Summit Realty
2611 Ellwood Dr S.W., Edmonton, Alberta
P: 780.499.5696
F: 780.431.1600
Email

Edmonton Homes For Sale

For more information on this Edmonton area home for sale or any other please contact me.

Courtesy of Initia Property Management.

Data was last updated 2025-06-25 at 20:18:11 GMT

$1,580,000

8021 87 Street Edmonton, Alberta

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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.

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 Jason Thomas BCom. For more information or to schedule a viewing please contact Jason Thomas BCom.

Jason Thomas BCom
Royal Lepage Summit Realty
Phone: 780.499.5696
Inquire Via Email

Data is deemed reliable but is not guaranteed accurate by the REALTORS^® Association of Edmonton.

Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
This site's content is the responsibility of Jason Thomas BCom, licensed REALTOR^® in the Province of Alberta.

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