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Turn-key investment property! Current tenant is on a lease until Feb. 28, 2026 at $1,450/month. This building includes ALL UTILITIES in the reasonable condo fees. Current CAP rate is 3.8% with room to increase due to TWO UNDERGROUND PARKING STALLS and being a TOP FLOOR, 2 bedroom unit. Nestled in a walkable building close to groceries, restaurants, banks, and parks, this home is ideal for a landlord looking for a great rental property.
Electricity, Exterior Maintenance, Heat, Insur. for Common Areas, Landscape/Snow Removal, Parking, Reserve Fund Contribution, Utilities Common Areas, Water/Sewer
Data was last updated October 11, 2025 at 07:30 PM (UTC)
Area Statistics
Listings on market:
158
Avg list price:
$239,900
Min list price:
$139,000
Max list price:
$1,019,900
Avg days in system:
44
Min days in system:
1
Max days in system:
192
Avg price per sq.ft.:
$259.83
These statistics are generated based on the current listing's property type
and located in
Zone 55. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on October 11, 2025 at 07:30 PM (UTC).
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.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.