Get free Calgary listings weekly →
1 / 49
Investment signal

$549,900

4504 8B Avenue

Save this home

Get free weekly matches like this → One-time signup. We text you when great homes hit MLS.

Beds

Baths

Sqft

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

Other

Basement

None

Appliances

RefrigeratorStoveHood FanWindow CoveringsWasher & Dryer

Heating

Natural gas

Exterior

Vinyl siding

Construction

Wood frame

Flooring

LaminateCarpetedLinoleum

Foundation

Poured ConcreteSlab

Community

Golf Course DevelopmentLake PrivilegesFishing
Negative cash flow ~$636/mo at these assumptions

Cash on cash

-6.94%

Cap rate

3.48%

GRM

16.7

Break-even rent

$3,419

Financing

Down payment$109,980
Loan amount$439,920
Mortgage$2,229/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$252
Insurance$80
Maintenance$458
CapEx reserve$229
Vacancy loss$138

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

Estimated $2,229/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

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.

We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.