Active
$940,000
7115-7121 80 AV NW
King Edward Park, Edmonton
MLS® #E4493118
- 10 Beds
- 8 Baths
- 5,027 Sqft
- 797 square meters
- Built 1979
- Single Family
- ✓ Spacious Layout
- ✓ Real Lot Size Listed
Rare Investment Opportunity: Entire Fourplex on a Single Title Opportunities to acquire a purpose-built, townhouse-style fourplex on a single title are exceptionally rare. This low-vacancy, high-cash-flow asset offers a massive advantage over standard multiplexes. Each of the four units features a spacious two-storey layout that feels like a single-family home, boasting three large bedrooms upstairs and 1.5 bathrooms. Unlike typical apartments, every unit includes its own full basement—a highly sought-after feature that provides tenants with incredible private storage and secures long-term tenant retention. The property has been pridefully maintained with moderate renovations completed over the years, ensuring solid mechanicals and interiors with minimal immediate CapEx. With no condo fees and an ideal footprint for maximizing net operating income, this turnkey building is a premier addition to any buy-and-hold portfolio. (id:66619)
Features
Interior
10 bedrooms, 8 bathrooms, 5,027 sqft
Lot
797 square meters
Heating
Forced air, See remarks
Year Built
1979
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.
