This property is listed by Rimrock Real Estate.
Data was last updated 2025-06-25 at 20:18:11 GMT
$799,800

8216-8222 120 Avenue   Edmonton, Alberta

MLS®: E4474660
URL:    
Fantastic investment opportunity in Eastwood! This well-maintained 4-plex offers four self-contained two-storey units, each over 1,100 sqft. (4500 total building) plus a full undeveloped basement. Registered as a condominium (Units 1?4). Each unit features 3 bedrooms, a spacious living room, dining area with patio access, kitchen with ample cabinetry, a 2-piece main bath, and a 4-piece bath. Total of 12 bedrooms, 4 full baths, and 4 half baths. Fully landscaped with 6 parking stalls and conveniently located near public transit and downtown Edmonton. Current rental income is approx. $1,450/month per unit, excluding utilities. Excellent revenue potential?must see! Majority of the units have been renovated. Large plot of land at 7000 sqft making this a potential hold and develop property. Gross income is $69,600 per year with a 5.5%-6% cap rate. All leases in place till end of 2026.

Listing Information

Prop. Type:
Quadruplex
Property Style:
2 Storey
Status:
Active
City:
Edmonton
MLS® Number:
E4474660
Bedrooms:
3
Neighbourhood:
Eastwood
Area:
Edmonton
Province:
Alberta
Listing Price:
$799,800

General Information

Year Built:
1976
Total Square Feet:
4506ft2

Additional Information

Basement Dev:
Full, Unfinished
Parking:
Stall

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Location


Anu Khullar
RE/MAX River City
282 Calgary Trail NW, Edmonton, Alberta
Office: 780-439-7000
Fax: 866-293-5424
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.