8504 98 Street, Edmonton, Alberta, T6E 3M3

MLS® # 44046325

new listing

Investment For Sale In Strathcona, Edmonton, Alberta

$769,900

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8504 98 Street, Edmonton, AB - Outdoor With Facade

8504 98 Street, Edmonton, AB - Outdoor With View

8504 98 Street, Edmonton, AB - Indoor Photo Showing Other Room

8504 98 Street, Edmonton, AB - Indoor Photo Showing Kitchen

8504 98 Street, Edmonton, AB - Indoor Photo Showing Kitchen With Double Sink With Upgraded Kitchen

8504 98 Street, Edmonton, AB - Indoor Photo Showing Laundry Room

8504 98 Street, Edmonton, AB - Indoor Photo Showing Bathroom

8504 98 Street, Edmonton, AB - Indoor Photo Showing Basement

8504 98 Street, Edmonton, AB - Indoor Photo Showing Kitchen With Double Sink

8504 98 Street, Edmonton, AB - Indoor Photo Showing Bedroom

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8504 98 Street, Edmonton, Alberta, T6E 3M3

$769,900

Property Information:

Fully tenanted and cash flowing, this 10-bedroom multi-suite property in the heart of Strathcona offers strong rental income and long-term upside. Currently configured with two spacious 2-bed/1-bath units upstairs and six individually addressed, furnished rooms below, it appeals to both U of A students and working professionals. Recent upgrades include four high-efficiency furnaces, updated plumbing, electrical, fire protection systems, durable vinyl plank flooring throughout, and a roof replacement in 2018. The property has a proven track record of near-full occupancy, with the upstairs units alone historically covering the mortgage. Whether you’re holding for income, considering future infill or looking for a strategic value-add, this is a prime investment in one of Edmonton’s most walkable and transit-connected neighbourhoods.Unit Counts:Studio Apts: 0Bachelor Apts: 01 Bedroom Apts: 62 Bedroom Apts: 23 Bedroom Apts: 04+ Bedroom Apts: 0Other Units: 0Other Property Types: Multi-FamilyOwnership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Adrian NedelecAppointment Phone: 780-966-4471Paragon Listing ID: E4457140 (id:27)

Building Features:

Floor Space: 1910 sqft

Property Features:

Property Type: Multi-family
Built in: 1958
Floor Space (approx): 1910 Square Feet
Irregular: Yes
Lot Size: 4373.42 Square Feet
No. of Parking Spaces: 3

Courtesy of: Exp Realty

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Market Price Trends

Location of 8504 98 Street, Edmonton, Alberta, T6E 3M3

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

36/100

Moderate-Low

ClimateCheck®

Current data

This property, 8504 98 Street , experiences 7 hot days per year at around 28.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 32.3 degrees Celsius.

Projected Avg. Temperature

Past

28.7℃

2050

32.3℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

23/100

Moderate-Low

ClimateCheck®

Current data

This property, 8504 98 Street , experiences 10 significant 2-day storms per year, with about 196.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 212.8mm of precipitation per year.

Precipitation Per Storm

Past

196.8mm

2050

212.8mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 8504 98 Street, Edmonton, Alberta, T6E 3M3

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$136,750.97

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.36 %

High school certificate or equivalent

26.69 %

Apprenticeship trade certificate/diploma

5.16 %

College/non-university certificate

13.97 %

University certificate (below bachelor)

1.93 %

University Degree

45.88 %

Commuter

Travel To Work

By Car

62.51 %

By Public Transit

10.14 %

By Walking

12.92 %

By Bicycle

8.13 %

By Other Methods

6.3 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

47.43 %

Houses

52.57 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 8504 98 Street, Edmonton, Alberta, T6E 3M3

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 8504 98 Street, Edmonton, Alberta, T6E 3M3

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

8504 98 Street, Edmonton, Alberta, T6E 3M3

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing