For Sale: 8021 87 Street, Edmonton, AB - REW
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$1,580,000
4 bd 4 ba 3892 sf Triplex

8021 87th StreetEdmonton, AB, T6C 4E8

King Edward Park
  • 4 Bed
  • 4 Bath
  • 3892 Sqft
  • Triplex

About this home

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.
Listed by: Chun Yuan, Initia Property Management

Home facts and features

Price details
List Price
Home facts
Bedrooms
4
Full Bathrooms
3
Partial Bathrooms
1
Parking Details
Stall
Property Type
Triplex
Lot Size
5858 ft²
Year Built
Built in 2022 (4 yrs old)
Title
Private
Style
2 Storey
Heating Type
Forced Air-2, Natural Gas
Basement Details
Full, Finished
Features
Corner Lot, Ensuite Bathroom, Landscaped, Public Transportation, Schools, See Remarks, Shopping Nearby
Amenities
See Remarks
Community
Agent details
Primary Agent
Primary Broker
Initia Property Management
Listing details
Days on REW
1 Day
MLS® Number
E4495019
Source
REALTORS® Association of Edmonton
Board
REALTORS® Association of Edmonton
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Donnan School
  • n/a
  • -
  • In Catchment
Al-Mustafa Academy
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  • In Catchment
Rutherford School
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  • In Catchment
Vimy Ridge School
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  • In Catchment
Metro Continuing Education
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  • In Catchment
Avonmore School
  • n/a
  • -
  • In Catchment
École Maurice-Lavallée
  • n/a
  • -
  • In Catchment
École Publique Gabrielle-Roy
  • n/a
  • -
  • In Catchment
Holyrood School
  • n/a
  • -
  • In Catchment
Kenilworth School
  • n/a
  • -
  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-22.