Courtesy Of Chun Yuan Of Initia Property Management

8021 87 St Nw, Edmonton, AB

$1,450,000

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4

Beds

Baths

3,892

Square feet

0.13

Acres

About 8021 87 St Nw

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.

MLS #E4495019 - Active - 8021 87 St Nw in Edmonton, AB is a Tri-Plex with roughly 3,892 sqft located in the subdivision of King Edward Park. Built in 2022, this 4 bedroom and 4 bathroom residential property has a lot size of 0.13 acres. This property is currently listed for $1,450,000. This Tri-Plex comes with Forced Air-2, Natural Gas heating. The exterior features include Corner Lot, Landscaped, Public Transportation, Schools, Shopping Nearby. The Interior features include ensuite bathroom. According to statistics, there are currently 7167 listings for sale in Edmonton. The average listing price is $526,588, with the highest listing price being $24,000,000. Enjoy your search for a new home. To request a showing, please contact one of our real estate agents.

Features of 8021 87 St Nw

MLS® # E4495019
Price $1,450,000
Bedrooms 4
Bathrooms 3.50
Full Baths 3
Half Baths 1
Square Footage 3,892
Acres 0.13
Year Built 2022
Type Single Family
Sub-Type Tri-Plex
Style 2 Storey
Status Active

Community Information

Address 8021 87 St Nw
Area Edmonton
Subdivision King Edward Park
City Edmonton
County ALBERTA
Province AB
Postal Code T6C 4E8

Amenities

Amenities See Remarks
Parking Stall
Is Waterfront No
Has Pool No

Interior

Interior Features ensuite bathroom
Appliances See Remarks
Heating Forced Air-2, Natural Gas
Fireplace No
Stories 3
Has Basement Yes
Basement Full,Fully Finished

Exterior

Exterior Features Corner Lot, Landscaped, Public Transportation, Schools, Shopping Nearby
Roof Asphalt Shingles
Construction Wood, Vinyl
Foundation Concrete Perimeter

Additional Information

Date Listed June 22nd, 2026
Days on Market 79
Zoning Zone 17
Foreclosure No
RE / Bank Owned No
Has Separate Entrance Yes
Has Secondary Suite Yes

Listing Details

OfficeCourtesy Of Chun Yuan Of Initia Property Management

Listing Map

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