$549,900
4504 8B Avenue
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Beds
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Baths
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Sqft
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Year
1965
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Edson. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Investors, don't miss out on this profitable four plex located in a family-friendly neighbourhood! This prime property is walking distance to schools, public trails, parks, and shopping. Each unit features a galley style kitchen, dining area, spacious living room, 2 2-bedroom units, 2 3-bedroom units, one 4-pc bathroom, storage room, private fenced yard/patio area, and designated parking for one vehicle. There is also a common hallway leading to a shared storage room and washer/dryer. Upgrades over the past several years include siding, windows, paint, flooring, sewer line to the building and hot water tanks. Generate a guaranteed $5100 per month in gross revenue, with most tenants responsible for paying power. This is a fantastic opportunity for investors looking for a turnkey investment in a desirable location. (id:65958)
- Subtype
- Multi-family
- Structure
- Multi-Family
- Community
- Edson
- Common interest
- Freehold
- Living area
- 3,508 square feet
- Lot size
- 7,858 square feet
- Lot dimensions
- 7858.00
- Parking
- 4 total
- Stories
- 2
- On market
- Apr 22, 2026
- Status changed
- May 2, 2026
- Annual tax
- $5,302.27 (2025)
- Zoning
- R2 - General Residential
- Photos
- 48
- MLS#
- A2304039
- Area
- EDSON
Features and systems
Parking
Basement
Appliances
Heating
Exterior
Construction
Flooring
Foundation
Community
Cash on cash
-6.94%
Cap rate
3.48%
GRM
16.7
Break-even rent
$3,419
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Edson. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 2, 2026.