8216-8222 120 Avenue, Edmonton, Alberta

Property for Sale in Edmonton

8216-8222 120 Avenue, Edmonton, AB

  • CA$799,800
  • 3 BEDS
  • 1+1 BATHS
  • 4,506.24 sq.ft. Space
  • CA$799,800

Property for Sale in Edmonton

8216-8222 120 Avenue, Edmonton, AB

  • CA$799,800
  • 3 BEDS
  • 1+1 BATHS
  • 4,506.24 sq.ft. Space
  • CA$799,800

Key Facts

  • MLS® #: E4474660
  • Property ID: SIRC3130199
  • Property Type: Residential, Other
  • Interior Area: 4,506.24 sq.ft.
  • Year Built: 1976
  • Bedrooms: 3
  • Bathrooms: 1+1
  • Parking Spaces: 6
  • Listed By:
  • Rimrock Real Estate

Property Description

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.

Listing Agents

Rimrock Real Estate

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Location

8216-8222 120 Avenue, Edmonton, Alberta, T5B 0X9 Canada

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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. Data was last updated 2026-03-08. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
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