Buy and Hold

6-Plex Buy & Hold Multifamily in Eastwood for ONLY $480,000! Just $80,000/door!




8207 121 Ave

We are excited to present a new investment opportunity for our buy-and-hold and multi-family investors. This 6-plex multifamily property in Eastwood offers great potential for those looking to expand their portfolio with a value-add opportunity for an astounding price of $480,000!!

Property Details:

  • Address: 8207 121 Ave, Edmonton
  • Building Type: Multi Tenant/Multi Plex
  • Lot Size: 640 m² (6,889 ft²)
  • Lot Dimensions: 50 x 140
  • Floors: 3
  • Price: $480,000
  • Units: 6 (1: 1BR unit; 5: 2BR units)
  • Zoning: RA7
  • Year Built: 1972
  • Lot Frontage: 140 ft
  • Note: Needs renovations, units can be rented for $1,350/month after renovations

Property Highlights:

  • Large Corner Lot: Positioned on a substantial corner lot, offering flexibility for future development.
  • Renovation Opportunity: The property requires renovations, presenting an excellent opportunity to add value. After renovations, units can achieve rental rates of $1,350/month.
  • Development Potential: Investors have the option to fix up the current multiunit or demolish and build a larger multifamily building.
  • Safety and Compliance: The building has had asbestos recently removed. Please note, there was a small fire inside one of the units, and the property needs a buyer experienced in remodeling.



This property is a prime opportunity for investors looking to take on a project with significant upside potential in a growing area. Don’t miss out on this chance to secure a valuable asset at an attractive price.

For more details or to arrange a viewing, please contact me directly by responding to this email!

All the best,

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