Listing Details

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Courtesy of Logic Realty.
Data was last updated 2025-06-25 at 20:18:11 GMT

8504 121 Avenue   Edmonton, Alberta

$769,000
MLS®: E4459404
4 LEGAL SUITES! 10 Bedrooms side by side DUPLEX and a DOUBLE GARAGE! Located on a 50x148 Sq ft CORNER Unit! COMPLETELY RENOVATED with 4 redone kitchens, S/S appliances, redone bathrooms, new flooring, paint and baseboards. Other improvements include a 2011 roof, Vinyl Windows, high efficiency furnaces, 100 AMP electrical panels for each side, plus 2 fenced yards. This is the perfect, turnkey, buy and hold, w/ a long term land play! Located on a 90 degree corner lot with a boulevard and city sidewalks, back alley access from the side of the property, a nearby fire hydrant, and electrical lines on your side of the alleyway. This Property is also great for cash flow with a gross total Monthly rental income is $7200+ and total monthly costs traditionally floating around 2200-2600 / month, taking into consideration a vacancy rate of 5%, this property has an NOI of approximately 54-55k / year. This property has a Cap rate of OVER 7% at the current list price. A MUST SEE!

4 LEGAL SUITES! 10 Bedrooms side by side DUPLEX and a DOUBLE GARAGE! Located on a 50x148 Sq ft CORNER Unit! COMPLETELY RENOVATED with 4 redone kitchens, S/S appliances, redone bathrooms, new flooring, paint and baseboards. Other improvements include a 2011 roof, Vinyl Windows, high efficiency furnaces, 100 AMP electrical panels for each side, plus 2 fenced yards. This is the perfect, turnkey, buy and hold, w/ a long term land play! Located on a 90 degree corner lot with a boulevard and city sidewalks, back alley access from the side of the property, a nearby fire hydrant, and electrical lines on your side of the alleyway. This Property is also great for cash flow with a gross total Monthly rental income is $7200+ and total monthly costs traditionally floating around 2200-2600 / month, taking into consideration a vacancy rate of 5%, this property has an NOI of approximately 54-55k / year. This property has a Cap rate of OVER 7% at the current list price. A MUST SEE!

Listing Information

Prop. Type:
Duplex
Property Style:
Bungalow
Status:
Active
City:
Edmonton
MLS® Number:
E4459404
Bedrooms:
10
Neighbourhood:
Eastwood
Area:
Edmonton
Province:
Alberta
Listing Price:
$769,000

General Information

Year Built:
1970
Total Square Feet:
2551ft2

Additional Information

Basement Dev:
Full, Finished
Parking:
Double Garage Detached

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This property is listed by Logic Realty and provided here courtesy of Trevor Waddell. For more information or to schedule a viewing please contact Trevor Waddell.
Trevor Waddell
RE/MAX Excellence
Phone: 780-233-6800
Mobile Phone: 780-233-6800
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.