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Andy Verhagen
RE/MAX Elite
7815 101 Avenue, Edmonton, Alberta
P: 780-907-8202  F: 780-665-7268
Email

Listing Details

For more information on this listing or 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 Andy Verhagen. For more information or to schedule a viewing please contact Andy Verhagen.
Andy Verhagen
RE/MAX Elite
Phone: 780-907-8202
Mobile Phone: 780-907-8202
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
This site's content is the responsibility of Andy Verhagen, licensed REALTOR® in the Province of Alberta.
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The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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