7513 89 St Nw, Edmonton
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:1945)
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Property details for 7513 89 St Nw, Edmonton
- Type
- Triplex
- Bedrooms
- 10
- Bathrooms
- 12
- Living Area
- 4,465 square feet
- Lot Size
- 179.87
- Stories
- 2.5
- Basement
- Finished, Full, Suite
- Parking
- Detached Garage
- Heating
- Forced air
- Ownership
- Condo/Strata
Nearby Listings Stat
Estimated price and comparable properties near 7513 89 St Nw
Active Listings
2
Min Price
$1,840,000
Max Price
$1,850,000
Avg Price
$1,845,000
Days on Market
26
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Edmonton, Alberta
Population
562
Median Age
36.1
Median Income
$46,208
Dwelling Value
$401,021
Housing Tenure
Owners 83%
Renters 17%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 2,595.8/km²
Avg Shelter Cost: $1,555/mo
Owners with Mortgage: 71.4%
Owners Spending 30%+: 17.1%
Tenants Spending 30%+: 0%
English only: 86.7%
English and French: 11.5%
Neither: 0.9%
Median Household Income: $96,512
Median Employment Income: $49,280
Price History
Listed
September 3, 2026
by RE/MAX Real Estate
Current Price
$1,850,000
Type
Triplex
For Sale
