8021 87 Street NW, Edmonton, AB, T6C 4E8

Courtesy of Chun Yuan of Initia Property Management

MLS® # E4495019

House For Sale In King Edward Park, Edmonton, Alberta

$1,450,000 QuickQuote^TM: Not Available

3+1 Beds

4 Baths

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8021 87 Street Nw, Edmonton, AB - Outdoor

8021 87 Street Nw, Edmonton, AB - Outdoor With Exterior

8021 87 Street Nw, Edmonton, AB - Indoor Photo Showing Other Room

8021 87 Street Nw, Edmonton, AB - Indoor Photo Showing Kitchen

8021 87 Street Nw, Edmonton, AB - Indoor Photo Showing Kitchen With Double Sink With Upgraded Kitchen

8021 87 Street Nw, Edmonton, AB - Indoor Photo Showing Bathroom

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8021 87 Street NW, Edmonton, AB, T6C 4E8

$1,450,000

4 Beds

4 Baths

Property Information:

Turn-key investment opportunity in desirable King Edward Park! This 2022-built triplex offers 5 income-producing rental units, including 2 legal basement suites with separate entrances. The property features three townhouse-style units; Units 8021 and 8025 each include a self-contained 1-bedroom legal basement suite, while Unit 8023 includes an unfinished basement as part of the main unit. Each upper unit offers 3 bedrooms, 2.5 bathrooms, modern finishes, and upper-floor laundry. Situated on a corner lot just minutes from Bonnie Doon Mall, Whyte Ave, Downtown, Mill Creek Ravine, schools, transit and the Valley Line LRT. Fully leased with established tenants and professionally managed. Buyer may have the opportunity to assume the existing CMHC MLI Select mortgage, subject to lender and CMHC approval. Rent roll and financial information available.

Building Features:

Floor Space: 361.55 Metre

Property Features:

Amenities Features: See Remarks
Appliances: See Remarks
Architectural Style: 2 Storey
Basement: Full, Finished
Basement Development: Fully Finished
Basement Type: Full
Building Type: Tri-Plex
Built in: 2022
Community Features: See Remarks
Exterior Features: Corner Lot, Landscaped, Public Transportation, Schools, Shopping Nearby
Floor Space (approx): 361.55 Square Metres
Flooring: Carpet, Ceramic Tile, Laminate Flooring
Foundation Details: Concrete Perimeter
Heating: Forced Air-2, Natural Gas
Lot Shape: Irregular
Lot Size: 544.28 Square Metres
Parking Features: Stall
Road Access: Concrete
Roof: Asphalt Shingles
Site Influences: Corner Lot, Landscaped, Public Transportation, Schools, Shopping Nearby
Zoning: Zone 17

Courtesy of: Initia Property Management

Data was last updated 2026-08-07 at 02:22

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the REALTORS® Association of Edmonton. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data on this website is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Information deemed reliable but not guaranteed.

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Market Price Trends

Single family detached

12.54%

Price change (1 year)

18.43%

Price change (5 years)

All Properties

11.4%

Price change (1 year)

17.78%

Price change (5 years)

Location of 8021 87 Street NW, Edmonton, AB, T6C 4E8

Lifestyle
Neighbourhood

Demographic Information of 8021 87 Street NW, Edmonton, AB, T6C 4E8

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$124,829.58

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.62 %

High school certificate or equivalent

27.23 %

Apprenticeship trade certificate/diploma

8.51 %

College/non-university certificate

16.81 %

University certificate (below bachelor)

0.56 %

University Degree

33.27 %

Commuter

Travel To Work

By Car

77.07 %

By Public Transit

9.04 %

By Walking

5.98 %

By Bicycle

3.12 %

By Other Methods

4.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.27 %

Houses

61.73 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Single family detached

All Properties

Location of 8021 87 Street NW, Edmonton, AB, T6C 4E8

Demographic Information of 8021 87 Street NW, Edmonton, AB, T6C 4E8

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

8021 87 Street NW, Edmonton, AB, T6C 4E8

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing