Courtesy Of Bernie Chu Of RE/MAX Elite

10818 83 Avenue, Edmonton, AB

$895,000

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8

Beds

7

Baths

2,402

Square feet

About 10818 83 Avenue

Prime Investment in Garneau! Just minutes from the University of Alberta, this fully rented 2-storey triplex is a top-tier student housing investment. It features 8 bedrooms, 7 bathrooms, 3 kitchens, 3 stacked washer/dryers, and a mechanical room. A rear parking lot for 6 vehicles and a bike lane in front enhance tenant convenience. Currently rented by the bedroom, it could easily be leased by floor with utilities included. With UofA planning a 35% enrollment increase over the next decade, student housing demand is set to grow. Built in 2009, it boasts Hot Water on Demand (2023), Hydronic Heating, and a Heat Recovery Ventilator for energy efficiency. Within walking distance to grocery stores, banks, restaurants, and pharmacies, this low-maintenance rental is a strategic addition to any portfolio. Don’t miss out!

Features of 10818 83 Avenue

MLS® # E4422564
Price $895,000
Bedrooms 8
Bathrooms 7.00
Full Baths 7
Square Footage 2,402
Acres 0.00
Year Built 2009
Type Single Family
Sub-Type Tri-Plex
Style 2 Storey
Status Active

Community Information

Address 10818 83 Avenue
Area Edmonton
Subdivision Garneau
City Edmonton
County ALBERTA
Province AB
Postal Code T6E 2E7

Amenities

Amenities Off Street Parking, Detectors Smoke, Hot Water Tankless, No Animal Home, Walkout Basement
Parking Spaces 6
Parking No Garage, Rear Drive Access, Stall
Is Waterfront No
Has Pool No

Interior

Interior Features ensuite bathroom
Appliances Microwave Hood Fan, Refrigerator, Stacked Washer/Dryer, Stove-Gas, Refrigerators-Two, Stoves-Two, Microwave Hood Fan-Two
Heating In Floor Heat System, Natural Gas
Fireplace No
Stories 3
Has Basement Yes
Basement Full, Finished

Exterior

Exterior Wood, Vinyl
Exterior Features Back Lane, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Roof Asphalt Shingles
Construction Wood, Vinyl
Foundation Concrete Perimeter

Additional Information

Date Listed February 22nd, 2025
Days on Market 1
Zoning Zone 15
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Bernie Chu Of RE/MAX Elite

Listing Map