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

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

Courtesy of RE/MAX Real Estate.
Data was last updated 2025-06-25 at 20:18:11 GMT
$1,850,000

7513 89 Street   Edmonton, Alberta

MLS®: E4506845
URL:    
Talk about an income property! This triplex with legal basement suites gives you 6 units, a current net monthly profit of $8,995 (after expenses), and a cap rate of 5.83%! This property is very well maintained, and is only a few years old with ACTUAL known rental amounts and expenses versus brand new builds that are pure speculation. The upgraded finishings throughout are appealing to tenants as the comfort and stylish decor makes it an ideal rental. All three main units have between 1470-1508sqft, three bedrooms, 2.5 bathrooms, a garage bay in the triple garage, laundry, and an amazing loft with third story West-facing balcony that you can enjoy those ravine views! All three basement suites have their own separate entry, laundry, and are rented fully furnished. Located backing a park, literally steps to Mill Creek ravine and the trendy restaurants on the other side of it, your tenants will love the location! Make a solid long-term investment with this fantastic property!
Talk about an income property! This triplex with legal basement suites gives you 6 units, a current net monthly profit of $8,995 (after expenses), and a cap rate of 5.83%! This property is very well maintained, and is only a few years old with ACTUAL known rental amounts and expenses versus brand new builds that are pure speculation. The upgraded finishings throughout are appealing to tenants as the comfort and stylish decor makes it an ideal rental. All three main units have between 1470-1508sqft, three bedrooms, 2.5 bathrooms, a garage bay in the triple garage, laundry, and an amazing loft with third story West-facing balcony that you can enjoy those ravine views! All three basement suites have their own separate entry, laundry, and are rented fully furnished. Located backing a park, literally steps to Mill Creek ravine and the trendy restaurants on the other side of it, your tenants will love the location! Make a solid long-term investment with this fantastic property!

Listing Information

Prop. Type:
Triplex
Property Style:
2 and Half Storey
Status:
Active
City:
Edmonton
MLS® Number:
E4506845
Bedrooms:
10
Neighbourhood:
Avonmore
Area:
Edmonton
Province:
Alberta
Listing Price:
$1,850,000

General Information

Year Built:
2019
Total Square Feet:
4465ft2

Additional Information

Basement Dev:
Full, Finished
Parking:
Triple Garage Detached

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This property is listed by RE/MAX Real Estate 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.
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Jason Thomas BCom
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TelephoneOffice Phone:
780.499.5696
TelephoneFax:
780.431.1600
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Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
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