8123 83 Av NW - Apartments FOR SALE


Edmonton, AB T6C 1A7- South Central
$889,900 CAD
780-966-4471
8123 83 Av NW, Edmonton, AB for Sale
$889,900 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

8123 83 Av NW
Edmonton, AB T6C 1A7
South Central


HIGHLIGHTS

  • Steps from Bonnie Doon LRT
  • Quick Access to Downtown, U of A, Whyte Ave
  • $200K+ Renovations done over the years, Turn Key.

OVERVIEW

A rare opportunity in Idylwylde: this extensively renovated legal 4-plex blends reliable income with long-term upside. The property offers two 3-bed/1.5-bath suites upstairs, plus one 3-bed and one 2-bed suite in the basement, each with a full bath—an ideal mix for families and professionals seeking space and affordability. Over $230,000 has been invested into kitchens, flooring, electrical, plumbing, and a new roof, delivering a low-maintenance, turn-key asset. Each unit features separate laundry and modern finishes, with layouts designed for livability and strong tenant appeal. A double detached garage adds value, while the unused rear yard provides clear potential for extra parking, RV storage, or future development. Steps from Bonnie Doon Mall, the LRT, and Campus Saint-Jean, this location ensures consistent demand in a proven rental corridor. An exceptional opportunity to secure both stability and growth in one of Edmonton’s most established neighborhoods. Possibility to purchase neighbouring 4plex 8125 8127 for land assembly

FOR SALE DETAILS

PRICE

$889,900 CAD

PRICE/SF

$182 CAD /SF

# OF UNITS

4

PRICE/UNIT

$222,475

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,276 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Adrian NedelecMogul Realty GroupMore Info
780-966-4471

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Adrian NedelecMogul Realty GroupMore Info
780-966-4471

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.