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Flow State Realty

7513 89 Street

Edmonton, Y6C0X5

$1,850,000

ActiveMLS® 45575750, updated Oct 21, 2026

7513 89 Street exterior
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About this home

Talk about an income property! This triplex with legal basement suites gives you 6 units, a current net monthly profit of $8,995 (after expenses), and a cap rate of 5.83%! This property is very well maintained, and is only a few years old with ACTUAL known rental amounts and expenses versus brand new builds that are pure speculation. The upgraded finishings throughout are appealing to tenants as the comfort and stylish decor makes it an ideal rental. All three main units have between 1470-1508sqft, three bedrooms, 2.5 bathrooms, a garage bay in the triple garage, laundry, and an amazing loft with third story West-facing balcony that you can enjoy those ravine views! All three basement suites have their own separate entry, laundry, and are rented fully furnished. Located backing a park, literally steps to Mill Creek ravine and the trendy restaurants on the other side of it, your tenants will love the location! Make a solid long-term investment with this fantastic property!

Details

Type
Multi-family
Year built
2020
Parking
3

School zone

Schools this address is designated for

Elementary
Donnan (Edmonton Public)
Junior high
Kenilworth (Edmonton Public)
High school
McNally (Edmonton Public)
Catholic
J.H. Picard (1.6 km)

Public designations from Edmonton Public Schools attendance areas; Catholic schools shown are the nearest, as the Catholic board publishes no boundaries. Confirm with the school before relying on it.

Listing courtesy of Jeneen Marchant, RE/MAX Real Estate. Data provided through the REALTOR.ca DDF® and deemed reliable but not guaranteed. Living area is as reported by the listing brokerage under the Residential Measurement Standard where it applies; verify before relying on it. View on REALTOR.ca.