Sitting on a 50x150 corner lot, this fully tenanted legal 4-plex in Killarney is a prime investment opportunity with turn-key income and long-term equity growth. With over 2700 sq ft of livable space, recent updates, stable rental demand, and a split double garage, it offers strong cash flow and future potential. The utility rooms are separate from the basement units, greatly simplifying property management. Positioned near 82 St, 97 St, Yellowhead Trail, and 128 Ave, tenants enjoy easy access to major routes, schools, and transit. Each unit is leased with consistent rental income, and investors can optimize expenses and increase rents over time. Future development potential for a 10-unit build adds even more value to this centrally located property. Whether you’re building your portfolio or planning for redevelopment, this one stands out.
Property Type:
Single Family
Dwelling Type:
Duplex
Home Style:
Bungalow
Total Floor Area:
1,464.55 sq. ft.136 m2
Price Per SqFt:
$505.21
Total area above grade.:
1,465 sq. ft.136.06 m2
Finished Area Below Grade:
1,260.99 sq. ft.117 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Separate Entrance:
Yes
Lot Area:
7,500.83 sq. ft.697 m2
Lot Shape:
Rectangular
Grade Level Entry:
No
Levels:
2
Exposure / Faces:
South
Year built:
1959
(Age: 66)
Bedrooms:
8
(Above Grd: 4)
Bathrooms:
4.0
(Full:4/Half:0)
Total Rooms Above Grade:
4
Building Type:
Duplex Side By Side
New Home on Old Lot:
No
Construction:
Wood, Vinyl
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Vinyl Plank
Heating:
Forced Air-2, Natural Gas
Fireplace:
No
Parking:
Double Garage Detached
Enclosed Parking:
2
Total Parking Spaces:
4
Garage:
Yes
Ensuite:
No
Garage Suite:
No
Garden Suite:
No
On Street Parking, Detectors Smoke, Hot Water Natural Gas, Walk-up Basement, See Remarks
Killarney
Back Lane, Corner Lot, See Remarks
On Street Parking, Detectors Smoke, Hot Water Natural Gas, Walk-up Basement, See Remarks
Data was last updated April 17, 2025 at 05:15 AM (UTC)
Area Statistics
Listings on market:
54
Avg list price:
$427,000
Min list price:
$174,920
Max list price:
$2,299,900
Avg days on market:
18
Min days on market:
1
Max days on market:
162
Avg price per sq.ft.:
$351.84
These statistics are generated based on the current listing's property type
and located in
Zone 02. Average values are
derived using median calculations.
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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