8945 78 AV NW

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$1,050,000

8945 78 AV NW

King Edward Park, Edmonton · MLS® E4512909

1,253 sq ft · 202 m² lot · House · Single Family · built 1981 · 11 days on market

listed by Brent MacIntosh, REMAX River City

realtor's description

Rare 4-unit investment opportunity featuring 4 separate titled condo townhouses, offering potential to purchase at wholesale & unlock value through cosmetic upgrades & strategic repositioning. Ideal for house hacking, renovating & refinancing, renting, or improving & selling individually. Located in quiet residential neighbourhood 1 block from Mill Creek Ravine’s scenic trails & trestle bridges & within a 15-minute walk of Bonnie Doon Shopping Centre, LRT & Campus Saint-Jean. Each unit features a functional galley kitchen, dedicated dining area, spacious living room w/balcony, main-floor half bath, 3 generous bedrooms, full bathroom & unfinished basement w/full-height ceilings, 2 good-sized windows & separate mechanical systems. Central staircases limit 8-plex potential without adding exterior stairs. Exceptionally large rear concrete parking pad accommodates tandem stalls offering flexible parking & storage options. A fantastic opportunity w/solid layouts, desirable location & significant potential.

property details

type: House, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,253 sq ft
lot: 202 m²
parking: 0
year built: 1981
days on market: 11
MLS®: E4512909

features

Paved lane
Lane
No Smoking Home
Washer
Refrigerator
Dishwasher

monthly cost

$4,575/mo

Mortgage $4,575

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$4,575/ monthly

loan $840,000

25-year amortization

down payment20% · $210,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $532,425
land title fees: $1,990; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $211,990; down + land title fees
total paid: $1,372,425

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

King Edward Park, EdmontonGoogle Maps ↗

Rapid transit: Avonmore LRT station, 900 m (about 14 min walk); Bonnie Doon LRT station, 1 km (about 15 min walk).

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Donnanhomes in this catchment
24564.7 km away · 7803 - 87 Street NW, Edmonton · (780) 466-8573 · website
Middle Gr 7-9 Kenilworthhomes in this catchment
24564.5 km away · 7005 - 89 Avenue NW, Edmonton · (780) 466-2104 · website
Secondary Gr 10-12 McNallyhomes in this catchment
24566.8 km away · 8440 - 105 Avenue NW, Edmonton · (780) 469-0442 · website

From the Edmonton Public Schools's published catchment maps (2021, the latest published). A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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