crea/IMG-E4416534-27752021_1.jpg
127 days on Market

NW - 8402 87 ST, Edmonton, Alberta T6C1E2

Detached
2 + 1
4 + 1
~4264.87 sqft
$2,699,000
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Detached
2 + 1
4 + 1
~4264.87 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$632/sqft

Est. Mortgage$11,591/mo

Tax Amount ()-

Days On Market127 days


Description

Discover exceptional investment opportunity with this beautifully designed 4-plex with legal basement suites by House of Modernity. This property has a projected rental income of $187,000 annually. Ideally situated in a prime location, this property features four legal suites, each with 9 ft ceilings, a sophisticated 2-bedroom, 2-bathroom ensuite layout perfect for working professionals. The design accommodates individual needs while providing a separate entrance for the legal basement suite, enhancing privacy and rental flexibility. The large basement includes a bedroom and a cozy living area, ideal for additional sleeping arrangements, all highlighted by vaulted ceilings, high-end finishes, and a designer lighting package. (id:39198)


Property Details

StyleFourplex
View-
Age of property2024
SqFt~4264.87 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberE4416534
Community NameKing Edward Park
Data SourceCREA
Listing bySable Realty

Features

Heating: Forced air
Basement: Finished, Full, Suite

Main level Floor

Living room

Dining room

Kitchen


Property History

Dec 22, 2024
ListedActive
$2,699,000
127 days on market
history photo preview17
Listing by crea®
Property listed by Sable Realty, Brokerage
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Market Data - King Edward Park

Geo Zone Map ThumbnailKing Edward Park

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

0 day

2023

0 day

New Listings

Past 30 days

12 listings

Compared to

2024

15 listings

2023

1 listing

Units sold

Past 30 days

0 unit

Compared to

2024

0 unit

2023

0 unit

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 2153
Average household income $121,511

Age (%)

20 to 34
26%
35 to 49
21%
50 to 64
19%
65 and plus
17%
0 to 19
16%

Household composition (%)

Single family
48%
Single person
43%
Multi person
9%
Multi family
1%

Mother tongue (%)

English
82%
French
6%
Others
2%
German
2%
Spanish
2%
English and French
1%
Yue (Cantonese)
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
56%
Renters
44%

Schools and amenities

Estimated Budget

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