Fully tenanted and cash flowing, this 10-bedroom multi-suite property in the heart of Strathcona offers strong rental income and long-term upside. Currently configured with two spacious 2-bed/1-bath units upstairs and six individually addressed, furnished rooms below, it appeals to both U of A students and working professionals. Recent upgrades include four high-efficiency furnaces, updated plumbing, electrical, fire protection systems, durable vinyl plank flooring throughout, and a roof replacement in 2018. The property has a proven track record of near-full occupancy, with the upstairs units alone historically covering the mortgage. Whether you’re holding for income, considering future infill or looking for a strategic value-add, this is a prime investment in one of Edmonton’s most walkable and transit-connected neighbourhoods.
Address
8504 98 ST NW
List Price
$769,900
Property Type
Commercial Sale
Transaction Type
Sale
Area
Edmonton
Sub-Area
Strathcona
Year Built
1958
MLS® Number
E4457140
Listing Brokerage
Exp Realty
Postal Code
T6E 3M3
Zoning
Zone 15
Construction Materials
Wood Frame
