7623 89 Avenue NW
Edmonton, AB T6C 1N2Southeast Edmonton
Listing Agent: Dev Devgun
Brokerage: MaxWell Polaris
Description
Brand New 4-Plex Investment Opportunity with Legal Basement Suites! This modern multi-family development features 4 well-designed units, each offering 3 spacious bedrooms on the upper levels plus a fully self-contained 1-bedroom basement suite. Each unit includes 3.5 bathrooms, open-concept main floor layouts, and thoughtfully designed living spaces ideal for both homeowners and investors. With a total of 7 rentable units, this property offers excellent income potential and long-term value. Located in a growing area, this is a rare opportunity to own a turnkey investment with strong rental appeal. Perfect for investors looking to maximize cash flow or buyers interested in living in one unit while renting the others.
Property Overview
Interior Details
Exterior Details
Parking
Heating & Utilities
Community & Location
Mortgage Calculator
Estimated Monthly Payment
Loan Amount
$1,960,000
Total Interest
$-1,960,000
*This estimate does not include property taxes, insurance, or heating costs.
Quick Tip: A higher down payment reduces your monthly cost and the total interest paid over the life of your mortgage. In Canada, down payments less than 20% usually require mortgage default insurance (CMHC).
Listing Information
Map and amenities data are obtained from OpenStreetMap and not from the REALTORS® Association of Edmonton MLS® System.
Listing information last updated on April 4, 2026 at 7:07 a.m. MST.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Location & Nearby Amenities
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Map and amenities data are obtained from OpenStreetMap and not from the REALTORS® Association of Edmonton MLS® System.