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7904 98 Ave NW
Location:
7904 98 Ave NW Edmonton, AB T6C 2B7
2025 Appraisal:
$ 2,450,000
Year Built:
2025
Number of Units:
8
IRR
24.05%
Cash On Cash Return
14.3%
Acquired off-market. This is a cash-flowing 8 legal units on this 553m2 44.5' x 130' lot. Row townhouse with stucco and flat roof. Each unit is 2 stories with 3 bedrooms 2.5 bathrooms in the main unit and 2 bedrooms 1 bathroom in the basement.
Prime Location: Nestled in the sought-after Forest Heights area, close to parks, schools, shopping, and public transit, making it ideal for families.
Strong Rental Demand: Forest Heights is a thriving, family-oriented neighborhood, ensuring consistent demand for high-quality rental properties.
Modern Features: 8 brand-new, spacious units with contemporary finishes, and private, functional spaces for family living.
Attractive ROI Potential: Competitive rental rates, low vacancy rates, and a strong local economy provide excellent potential for a reliable return on investment.
Turnkey Investment: Newly constructed with minimal maintenance, offering a hassle-free investment with high-quality living spaces designed for family comfort.