About 8504 98 Street
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 MLI Select, or looking for a strategic value-add, this is a prime investment in one of Edmonton’s most walkable and transit-connected neighbourhoods.
Features of 8504 98 Street
| MLS® # | E4457140 |
|---|---|
| Price | $789,900 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1958 |
| Type | Multi-Family Commercial |
| Status | Active |
Community Information
| Address | 8504 98 Street |
|---|---|
| Area | Edmonton |
| Subdivision | Strathcona |
| City | Edmonton |
| County | ALBERTA |
| Province | AB |
| Postal Code | T6E 3M3 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Suite | No |
| Has Basement | No |
Exterior
| Exterior | Wood Frame |
|---|---|
| Construction | Wood Frame |
Additional Information
| Date Listed | September 10th, 2025 |
|---|---|
| Days on Market | 2 |
| Zoning | Zone 15 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Adrian Nedelec Of Exp Realty |
|---|