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.
Courtesy of Chun Yuan of Initia Property Management
Data was last updated June 22, 2026 at 07:30 PM (UTC)
Area Statistics
Listings on market:
67
Avg list price:
$539,900
Min list price:
$368,800
Max list price:
$1,580,000
Avg days in system:
34
Min days in system:
0
Max days in system:
304
Avg price per sq.ft.:
$446.92
These statistics are generated based on the current listing's property type
and located in
Zone 17. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on June 22, 2026 at 07:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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