8216-8222 120 Avenue, Edmonton, AB, T5B 0X9

Courtesy of Adam T Dirksen of Rimrock Real Estate

MLS® # E4474660

new listing

Fourplex For Sale In Eastwood, Edmonton, Alberta

$799,800 QuickQuote^TM: Not Available

3 Beds

2 Baths

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8216-8222 120 Avenue, Edmonton, AB - Outdoor

8216-8222 120 Avenue, Edmonton, AB - Indoor Photo Showing Living Room

8216-8222 120 Avenue, Edmonton, AB - Indoor Photo Showing Kitchen

8216-8222 120 Avenue, Edmonton, AB - Indoor Photo Showing Other Room

8216-8222 120 Avenue, Edmonton, AB - Indoor Photo Showing Kitchen With Double Sink

8216-8222 120 Avenue, Edmonton, AB - Indoor Photo Showing Bedroom

8216-8222 120 Avenue, Edmonton, AB - Indoor Photo Showing Bathroom

8216-8222 120 Avenue, Edmonton, AB - Outdoor With Deck Patio Veranda

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8216-8222 120 Avenue, Edmonton, AB, T5B 0X9

$799,800

3 Beds

2 Baths

Property Information:

Fantastic investment opportunity in Eastwood! This well-maintained 4-plex offers four self-contained two-storey units, each over 1,100 sqft. (4500 total building) plus a full undeveloped basement. Registered as a condominium (Units 1–4). Each unit features 3 bedrooms, a spacious living room, dining area with patio access, kitchen with ample cabinetry, a 2-piece main bath, and a 4-piece bath. Total of 12 bedrooms, 4 full baths, and 4 half baths. Fully landscaped with 6 parking stalls and conveniently located near public transit and downtown Edmonton. Current rental income is approx. $1,450/month per unit, excluding utilities. Excellent revenue potential—must see! Majority of the units have been renovated. Large plot of land at 7000 sqft making this a potential hold and develop property. Gross income is $69,600 per year with a 5.5%-6% cap rate. All leases in place till end of 2026.

Building Features:

Floor Space: 418.64

Property Features:

Amenities Features: Parking-Extra, Parking-Plug-Ins
Appliances: Dryer, Refrigerator, Stove-Electric, Washer
Architectural Style: 2 Storey
Basement: Full, Unfinished
Basement Development: Unfinished
Basement Type: Full
Building Type: Fourplex
Built in: 1976
Community Features: Parking-Extra, Parking-Plug-Ins
Condo Fee Includes: Self Managed
Condo Fees: $0 Monthly
Exterior Features: Landscaped, Playground Nearby, Public Transportation, Schools, Shopping Nearby
Floor Space (approx): 418.64 Square Metres
Flooring: Carpet, Vinyl Plank
Foundation Details: Concrete Perimeter
Heating: Forced Air-1, Natural Gas
Lot Size: 232.04 Square Metres
Parking Features: Stall
Road Access: Paved
Roof: Asphalt Shingles
Site Influences: Landscaped, Playground Nearby, Public Transportation, Schools, Shopping Nearby
Zoning: Zone 05
No. of Parking Spaces: 6

Courtesy of: Rimrock Real Estate

Data was last updated 2026-02-24 at 22:07

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