Courtesy Of Moe Charara and Ray Elwenni Of Royal Lepage Arteam Realty

8303 87 Street, Edmonton, AB

$4,750,000

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About 8303 87 Street

ATTENTION INVESTORS!!! - Extremely Rare & an Exceptional Opportunity to purchase this 7plex that includes 7 legal basement suites (14 units) in the highly sought after community of Bonnie Doon, ranked one of Edmontons best infill communities. This property is located 1 block from Whyte Avenue, a future LRT station, Bonnie Doon Mall which offers plenty of amenities. This rare 14 unit complex is the perfect addition to any portfolio with near zero vacancy & million dollar homes on every street, this property is perfect for the CMHC MLI SELECT PROGRAM. Architecturally designed & includes 28 bedrooms, 16 bathrooms with a unit mix of 3 bedroom/2.5 storey main floor units & 1 bedroom legal basements suites. The property also includes 7 single detached garages to add to your revenues which have been projected to be in the range of $260,000 annually. This property comes fully finished, includes all appliances, designed to perfection and is steps to the ravine, walking trails & a 10 min drive to the City's core.

Features of 8303 87 Street

MLS® # E4397947
Price $4,750,000
Bathrooms 0.00
Acres 0.00
Year Built 2024
Type Multi-Family Commercial
Status Active

Community Information

Address 8303 87 Street
Area Edmonton
Subdivision Bonnie Doon
City Edmonton
County ALBERTA
Province AB
Postal Code T6C 1B1

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Wood Frame
Construction Wood Frame

Additional Information

Date Listed July 17th, 2024
Days on Market 166
Zoning Zone 18
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Moe Charara and Ray Elwenni Of Royal Lepage Arteam Realty

Listing Map