register | confirm account | forgot password
Fraser Tradex Realty Inc.
Box 4 Station Main, St. Albert, Alberta
P: 780-499-0948
F: 780-458-6900
Email

Listing Details

For more information on this listing or other please contact us.

Courtesy of RE/MAX Real Estate.
Data was last updated 2025-06-25 at 20:18:11 GMT
$599,900

11938 80 Street   Edmonton, Alberta

MLS®: E4384668
URL:    
LIVE IN ONE UNIT AND RENT THE OTHER 4 TO LIVE FOR FREE, OR BUY AS A TURN KEY INVESTMENT! What a unique opportunity with a current CAP rate of 4.85% with a rental increase starting January 2025, and and a future stabilizd CAP rate of 6.58%+! This property has 5 suites, one of which is a full renovated house with a finished basement that was originally built in the 1920?s, and then in 1991 a 4 unit building was added onto it! The current owners have done major renovations including: flooring, bathrooms & kitchen upgrades in 4/5 units, replacing all cast iron sewage pipes in 2024, and the roof, boiler and windows were replaced in 2014. All long term 3+ year tenants that would like to stay. All units have 3 bedrooms, a full bathroom, and their own laundry.
LIVE IN ONE UNIT AND RENT THE OTHER 4 TO LIVE FOR FREE, OR BUY AS A TURN KEY INVESTMENT! What a unique opportunity with a current CAP rate of 4.85% with a rental increase starting January 2025, and and a future stabilizd CAP rate of 6.58%+! This property has 5 suites, one of which is a full renovated house with a finished basement that was originally built in the 1920?s, and then in 1991 a 4 unit building was added onto it! The current owners have done major renovations including: flooring, bathrooms & kitchen upgrades in 4/5 units, replacing all cast iron sewage pipes in 2024, and the roof, boiler and windows were replaced in 2014. All long term 3+ year tenants that would like to stay. All units have 3 bedrooms, a full bathroom, and their own laundry.

Listing Information

Prop. Type:
Other
Status:
Active
City:
Edmonton
MLS® Number:
E4384668
Neighbourhood:
Eastwood
Area:
Edmonton
Province:
Alberta
Listing Price:
$599,900

General Information

Year Built:
1991

VIP-Only Information

Sign-Up or Log-in to view full listing details:
Sign-Up / Log In
This property is listed by RE/MAX Real Estate and provided here courtesy of Fraser Tradex Realty Inc.. For more information or to schedule a viewing please contact Fraser Tradex Realty Inc..
Fraser Tradex Realty Inc.
Phone: 780-499-0948
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Home Evaluation Button
Button advertising your home evaluation feature
Home Evaluation
Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
This site's content is the responsibility of Fraser Tradex Realty Inc., licensed brokerage in the Province of Alberta.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026, All Rights Reserved | Privacy Policy | Mobile Site | REALTOR® Websites by RealPageMaker