This property is listed by Moe Charara, Ray Elwenni of Royal Lepage Arteam Realty.

Data was last updated 2024-11-26 at 11:15:08 GMT

$4,750,000

8303 87 ST NW Edmonton, AB

MLS^®: E4397947

URL:

ATTENTION INVESTORS!!! - Extremely Rare & an Exceptional Opportunity to purchase this 7plex that includes 7 legal basement suites (14 units) in the highly sought after community of Bonnie Doon, ranked one of Edmontons best infill communities. This property is located 1 block from Whyte Avenue, a future LRT station, Bonnie Doon Mall which offers plenty of amenities. This rare 14 unit complex is the perfect addition to any portfolio with near zero vacancy & million dollar homes on every street, this property is perfect for the CMHC MLI SELECT PROGRAM. Architecturally designed & includes 28 bedrooms, 16 bathrooms with a unit mix of 3 bedroom/2.5 storey main floor units & 1 bedroom legal basements suites. The property also includes 7 single detached garages to add to your revenues which have been projected to be in the range of $260,000 annually. This property comes fully finished, includes all appliances, designed to perfection and is steps to the ravine, walking trails & a 10 min drive to the City's core.

Listing Information

Prop. Type:: Multi-Family (Commercial)

Status:: Active

City:: Edmonton

MLS^® Number:: E4397947

Neighbourhood:: Bonnie Doon

Area:: Edmonton

Province:: AB

Listing Price:: $4,750,000

General Information

Year Built:: 2024
Zoning/Land Use Code:: For Sale

Region:: Edmonton

Additional Information

Plan:: 1922057
Legal Block:: 30

Legal Lot/Unit:: 1A

Other Information

Land Size Hectares:: 0
Building Type:: Multi Tenant/Multi Plex, See Private Remarks, Town

Site Influences:: Corner Site, Flat Site, Golf Nearby, Level Land, Landscaped, Playground Nearby, Shopping Nearby, Public Transportation, Back Lane, Low Maintenance Landscape, Public Swimming Pool, Schools, See Remarks