For Sale: 7513 89 Street, Edmonton, AB - REW
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$1,850,000
0 bd • ba • sf • Multifamily
7513 89 Street
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$1,850,000
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7513 89 StreetEdmonton, AB, Y6C 0X5

Avonmore
  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

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! (id:63626)
Listed by: Jeneen L Marchant, Associate, RE/MAX Real Estate

Home facts and features

Price details
List Price
$1,850,000
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Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
3
Property Type
Multifamily
Lot Size
5792 ft²
Depth
Year Built
Built in 2020 (6 yrs old)
Community
Agent details
Primary Agent
Primary Broker
RE/MAX Real Estate
Listing details
Days on REW
2 Days
MLS® Number
45575750
Source
Canadian Real Estate Association
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Purchase Price
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25 Years
Interest Rate
3.99%

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Property Insights

Donnan School
  • n/a
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  • In Catchment
Al-Mustafa Academy
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  • In Catchment
Avonmore School
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  • -
  • In Catchment
Metro Continuing Education
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  • -
  • In Catchment
Rutherford School
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  • In Catchment
École Joseph-Moreau
  • n/a
  • -
  • In Catchment
Mill Creek School
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  • In Catchment
Hazeldean School
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St. Margaret School
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Vimy Ridge School
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  • In Catchment
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Call Agent
Jeneen Marchant
Phone:
(780) 904-4240
Office:
780-488-4000
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