$975,000

House For Sale In Oliver, Edmonton, Alberta

$975,000
  • 9

    Bedrooms

  • 5

    Baths

  • 600.05 Square Metres

    Lot Size

Property Information:

LOCATION, LOCATION, LOCATION! RARE OPPORTUNITY to own this 5-Plex in the Heart of Downtown offered by a LONG TERM OWNER! Although much of it is in Original Condition, this Property has been Excellently maintained! Featuring 2 x 2 Bedroom Units upstairs, 2 x 1 Bedroom Units in the basement & a 3 Bedroom Spacious Main floor Unit. This property could operate @ 4.94% Cap Rate with Net income after a market value Annual rent of $79,200 - EASILY! Great Holding Property with Large Scale Zoning! This property is Very Turn Key and features Multiple Entrances for complete tenant/owner privacy PLUS a 33 x 22" Triple Car Garage along with about 5 Exterior parking stalls on the driveway. The owners fenced backyard is a Beautiful Peaceful serenity amongst the busy vibrant life of downtown! All Fire Code permits are up to date. This is the Opportunity to be a few steps from Jasper Avenue in a Centralized portion of Downtown. Excellent Purchase for Large Family / Investors to Buy & Hold or Develop in a Clean Central Spot

Building Features:

  • Floor Space: 283.28

Property Features:

  • Bedrooms: 7+2
  • Bathrooms: 5
  • Amenities Features: Deck, Detectors Smoke, No Smoking Home, Parking-Visitor, Storage-In-Suite, See Remarks
  • Appliances: Dryer, Washer, Refrigerators-Two, Stoves-Two
  • Architectural Style: 2 Storey
  • Basement: Full, Finished
  • Basement Development: Fully Finished
  • Basement Type: Full
  • Building Type: Fourplex
  • Built in: 1955
  • Community Features: Deck, Detectors Smoke, No Smoking Home, Parking-Visitor, Storage-In-Suite, See Remarks
  • Exterior Features: Back Lane, Fenced, Golf Nearby, Paved Lane, Playground Nearby, Public Transportation, Schools, Shopping Nearby
  • Floor Space (approx): 283.28 Square Metres
  • Flooring: Carpet, Hardwood, Linoleum
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air-2, Natural Gas
  • Lot Frontage: 13.2 Metre
  • Lot Shape: Rectangular
  • Lot Size: 600.05 Square Metres
  • Parking Features: Triple Garage Detached
  • Road Access: Paved
  • Roof: Asphalt Shingles
  • Site Influences: Back Lane, Fenced, Golf Nearby, Paved Lane, Playground Nearby, Public Transportation, Schools, Shopping Nearby
  • Zoning: Zone 12
  • No. of Parking Spaces: 7

Courtesy of: Sterling Real Estate

Data was last updated 2026-07-10 at 10:32

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  • Wood-finish deck with railings overlooking a green lawn -
  • Expansive grassy yard featuring a mature tree, concrete pathway, and a wooden deck with railing -
  • Expansive yard space featuring a mature tree with foliage, a tiered wooden deck, a paved walkway, a concrete retaining wall, and a decorative rock feature -
  • Stucco exterior with a stone-finish foundation, white window trim, white gutters, and a wood privacy fence -
  • Exterior stucco finish with a block foundation -
  • Entryway featuring dual metal doors with brass hardware -
  • Image quality insufficient for description -
  • Exterior entry with a partial glass door and a covered stoop -
  • Three individual garage bays with roll-up doors and a shingled roofline -
  • Living area with wood-finish flooring and a white painted wall -
  • Living area with hardwood flooring, white painted walls, and a ceiling fan -
  • Dining area featuring wood-finish flooring, a wide entry into an adjacent living space, and wood paneling -
  • Dining area featuring built-in wood cabinetry with integrated storage and open shelving -
  • Dining area featuring a ceiling fan with integrated lighting, a decorative wall mirror, and a tiled floor visible through the doorway -
  • Kitchen -
  • Kitchen featuring white cabinetry, tile countertops, and a white refrigerator -
  • Kitchen with white cabinetry, tile countertops, and a full-light exterior door -
  • Galley kitchen featuring white cabinetry and tile countertops -
  • Kitchen area featuring white cabinetry with integrated pulls, a tile countertop, a window with horizontal blinds, and tile flooring -
  • Bedroom -
  • White painted walls, two windows with blinds, and wood-finish flooring -
  • Bathroom featuring a single vanity with a white countertop, a medicine cabinet with integrated lighting, white tiled walls, a white toilet, and a shower with a white curtain -
  • Bathroom featuring a white ceramic sink with chrome fixtures, a white toilet, white square wall tiling, a built-in medicine cabinet, and a wall-mounted storage unit -
  • White paneled exterior door with inset window and horizontal blinds -
  • Bedroom -