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Investor Alert! Nestled on a beautiful tree-lined street in the mature community of Alberta Avenue, this raised bungalow with a legal basement suite is a cashflow dream. Offering 5 bedrooms total (3 up, 2 down), 2 kitchens, 2 full baths, and separate laundry on each level, it’s perfect for rental income or living in one unit while renting the other. Enjoy a separate entrance, fully fenced yard, and new furnace. The double detached garage is also rented, bringing in additional income. Currently generating $2,585/month (utilities paid by tenants), this home is fully permitted and inspected by the City of Edmonton. Located minutes from NAIT, downtown, Royal Alex Hospital, transit routes, rec centres, and walking trails—this is the kind of turn-key investment that doesn’t come around often!
Data was last updated April 27, 2025 at 01:30 AM (UTC)
Area Statistics
Listings on market:
90
Avg list price:
$309,950
Min list price:
$149,000
Max list price:
$1,849,900
Avg days on market:
34
Min days on market:
1
Max days on market:
373
Avg price per sq.ft.:
$306.62
These statistics are generated based on the current listing's property type
and located in
Zone 05. 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.
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.
