8504 98 Street, Edmonton, AB

About 8504 98 Street

Fully rented or full of potential — this Strathcona multi-suite property delivers both. With a proven rental track record, this 10-bedroom setup is currently structured with two spacious 2-bed/1-bath units upstairs and six individually addressed furnished rooms below — a setup highly sought after by U of A students and long-term renters alike. The home features major mechanical upgrades including four high-efficiency furnaces, updated plumbing, electrical, and fire protection systems, plus vinyl plank flooring throughout. Historically near full occupancy, the upstairs units alone have consistently covered the mortgage, making this an ideal hold with immediate cash flow or a candidate for infill redevelopment, MLI Select, or strategic TLC. With walkability to the river valley, transit, and campus, this is affordable housing in a prime location — stable, flexible, and loaded with opportunity.

Listing Map