7513 89 Street NW

Avonmore · Edmonton, AB T6C 0J4

MLS® E4506845 · Listing courtesy of RE/MAX Real Estate

$1,850,000

10 bedrooms · 12 bathrooms · 4,465 sq ft · Built 2019 · Triplex

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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:67053)

Property details

Property

List price
$1,850,000
Style
Triplex
Year built
2019
Living area
4,465 square feet
MLS® number
E4506845

Interior

Bedrooms
10
Bathrooms
12
Basement
Finished, Full, Suite
Appliances
See remarks

Systems

Heating
Forced air

Parking

Parking
Detached Garage

Condo fee

Includes
Other, See Remarks
Ownership
Condo/Strata

City assessment

Assessed value
$342,500 (2025)
Assessment class
Residential

Lot & site

Lot size
180 m² (1,936 sq ft)
Lot features
Ravine, Flat site, Park/reserve, Lane, No Smoking Home
Site influences
Ravine, Flat site, Park/reserve, Lane, No Smoking Home
Community
Avonmore

Rooms

Main level

  • Living room3.59 × 3.49 meters
  • Dining room3.16 × 2.15 meters
  • Kitchen3.28 × 3.61 meters

Lower level

  • Family room2.32 × 2.71 meters
  • Den2.66 × 1.73 meters
  • Bedroom 42.65 × 2.71 meters

Upper Level

  • Primary Bedroom3.99 × 3.5 meters
  • Bedroom 22.68 × 3.4 meters
  • Bedroom 32.6 × 2.92 meters
  • Bonus Room4.61 × 3.78 meters
  • Bedroom 5—
  • Bedroom 6—

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Listing courtesy of RE/MAX Real Estate. Listing data is provided under copyright by the REALTORS® Association of Edmonton via the CREA Data Distribution Facility (DDF®). Information is deemed reliable but is not guaranteed accurate by CREA, the board, or Real Living, and should be independently verified. Not intended to solicit properties currently listed for sale.