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

8303 87 Street
Zone 18 Edmonton T6C 1B1

$4,750,000
Multi-Family Commercial

Main Photo: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
Photo 1: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
Photo 2: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
Photo 3: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
Photo 4: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
Photo 5: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
Photo 6: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
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Photo 15: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
Photo 16: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
Photo 17: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
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Photo 19: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
Photo 20: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
Photo 21: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
Photo 22: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
Photo 23: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
Photo 24: 8303 87 Street in Edmonton: Zone 18 Multi-Family Commercial for sale : MLS®# E4397947
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
E4397947
Build. Type:
Multi Tenant/Multi Plex
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.
Property Type:
Multi-Family Commercial
Transaction Type:
For Sale
Lease Oper Costs Per Sq M:
$0
Price Per SqFt:
$906.32
Lot Area:
13,662 sq. ft.
Stories Total:
3
# of 2 Bedroom Apartments:
0
# of Units:
14
# of Other Units:
0
# of Studio Apartments:
0
# of Bachelor Apartments:
0
Year built:
2024 (Age: 0)
Bathrooms:
- (Full:-/Half:-)
Building Type:
Multi Tenant/Multi Plex, See Private Remarks, Townhouse
Num. of Parcels:
1
Construction:
Wood Frame
Parking Space(s):
7
Bonnie Doon
Corner Site, Flat Site, Golf Nearby, Level Land, Landscaped, Playground Nearby, Shopping Nearby, Public Transportation, Back Lane, Low Maintenance Landscape, Public Swimming Pool, Schools, See Remarks
Private
Seller Rights Reserved:
No
Zone:
Zone 18
Zoning:
Zone 18
Title to Land:
Fee Simple
Legal Lot:
1A
# Bldgs:
2
LINC Number:
0038374055
Days On Website:
163 day(s)
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Data was last updated December 27, 2024 at 05:30 AM (UTC)
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