About 7513 89 Street Nw
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!
Features of 7513 89 Street Nw
| MLS® # | E4506845 |
|---|---|
| Price | $1,850,000 |
| Bedrooms | 10 |
| Bathrooms | 11 |
| Full Baths | 9 |
| Half Baths | 3 |
| Square Footage | 4,465 |
| Acres | 0.04 |
| Year Built | 2019 |
| Type | Condo / Townhouse |
| Sub-Type | Tri-Plex |
| Style | 2 and Half Storey |
| Status | Active |
Community Information
| Address | 7513 89 Street Nw |
|---|---|
| Area | Edmonton |
| Subdivision | Avonmore |
| City | Edmonton |
| County | ALBERTA |
| Province | AB |
| Postal Code | T6C 0J4 |
Amenities
| Amenities | On Street Parking, Ceiling 9 ft., Deck, Detectors Smoke, No Smoking Home, Rooftop Deck/Patio |
|---|---|
| Parking Spaces | 6 |
| Parking | Triple Garage Detached |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | ensuite bathroom |
|---|---|
| Appliances | See Remarks |
| Heating | Forced Air-1, Natural Gas |
| Fireplace | No |
| Fireplaces | Insert |
| Stories | 4 |
| Has Basement | Yes |
| Basement | Full,Fully Finished |
Exterior
| Exterior Features | Back Lane, Backs Onto Park/Trees, Flat Site, Low Maintenance Landscape, Not Fenced, Park/Reserve, Playground Nearby, Public Transportation, Ravine View, Schools, Shopping Nearby |
|---|---|
| Roof | Asphalt Shingles |
| Construction | Wood, Stucco, Hardie Board Siding |
| Foundation | Concrete Perimeter |
Additional Information
| Date Listed | September 3rd, 2026 |
|---|---|
| Days on Market | 6 |
| Zoning | Zone 17 |
| Zone | Zone 17 |
| Foreclosure | No |
| RE / Bank Owned | No |
| Condo Name | No Name |
Listing Details
| Office | Courtesy Of Jeneen L Marchant Of RE/MAX Real Estate |
|---|