**Investor Alert** This fully renovated home with a legal basement suite is a fantastic investment, generating $3,400/month in rental income, with tenants covering utilities. The main floor features three bedrooms and 1.5 bathrooms, while the legal basement suite offers two bedrooms and two full bathrooms, including a three-piece ensuite. Extensively upgraded, this property has been professionally rebuilt and certified by the City of Edmonton to meet all legal requirements. Updates include windows, kitchens, bathrooms, shingles, flooring, paint, doors, trim, and fixtures. The basement ceiling is insulated with Roxul Fire & Sound, ensuring privacy between suites. Each unit has a separate entrance and in-suite laundry. The oversized double detached garage features updated doors and openers. All this in a great neighbourhood on a 51x120 ft parcel. With the main floor renting for $2,049/month and the basement for $1,400/month, this home offers strong cash flow and long-term value.
Data was last updated March 4, 2025 at 11:30 AM (UTC)
Area Statistics
Listings on market:
45
Avg list price:
$419,900
Min list price:
$190,000
Max list price:
$2,299,900
Avg days on market:
12
Min days on market:
1
Max days on market:
119
Avg price per sq.ft.:
$351.02
These statistics are generated based on the current listing's property type
and located in
Zone 02. Average values are
derived using median calculations.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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