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For Sale · Edmonton · Single Family
$685,000
About This Home
RARE INVESTMENT OPPORTUNITY in the heart of Queen Alexandra! This LEGAL FOUR-UNIT is ideally located just steps from the University of Alberta, Whyte Avenue, public transit, shopping, restaurants, and other major amenities. Offering 4 self-contained units, including three 1-bedroom, 1-bath suites and one 2-bedroom, 1-bath suite, this well-maintained property is FULLY TENANTED and situated in one of Edmonton's strongest rental markets. Each suite features a functional layout with bright living spaces, while the property's prime location continues to attract consistent tenant demand. A fantastic addition to any real estate portfolio with immediate cash flow and LONG-TERM APPRECIATION POTENTIAL in one of Edmonton's most sought-after neighbourhoods. Don't miss this exceptional opportunity! (id:66635)
Summarizing the highlights...
Property Details
July Value
Calculating a July Value estimate...
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My Notes
Location
Run The Numbers
Monthly mortgage payment
$3,204
$548,000 financed over 25 years at 5%. For guidance only, not a quote or approval.
Monthly cost (mortgage + tax + maintenance)
$3,204
Cash flow
-$3,204
Estimates for education only. Talk to a JULY advisor for real numbers on this home.
Edmonton right now
Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.
The Neighbourhood
Household and demographic stats for Edmonton, from the Statistics Canada 2021 Census.
The immediate block around this home (right here): about 506 residents in 352 homes, 6,333 people/km² (dense urban).
Source: Statistics Canada 2021 Census, Edmonton, City, Alberta; block-level figures from dissemination area 48110861.
Schools
K-12 schools closest to this home, with straight-line distances.
Our Lady of Mount Carmel
catholic · elementary
Garneau School
public · elementary
McKernan School
public · elementary
King Edward School
public · elementary
Parkallen School
public · elementary
The Academy at King Edward
public · k12
Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.
Public records
Independent reference data for this property from the City of Edmonton assessment roll (2026 assessment).
Assessed values are the municipal tax assessment, not a market appraisal. Contains information licensed under the Open Government Licence, City of Vancouver.
Rental Market
Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.
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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
Price on request / month
8510 111 ST NW, Edmonton
2 bed · 1 bath · 840 sqft
