Revenue Property For Sale in Edmonton, AB

Suite Mix: 1 studio, 5-1, 3-2 beds; Mortgage Free; Rents: $800 - $1100

Long term owner-managed; Ongoing upgrades when suites become vacant

Built: 1965; Land Sq ft: Approx 11,754

Roof: Flat, yearly maintenance; Plumbing: partial update 2023; Water Heater: 2020

New floors throughout common areas and all suites

Parking Stalls: 9 energized Fridges/Stoves: 9 sets Washer/Dryer: 1 set owned

Utilities: Owner pays (Include gas, water, sewer, waste, and common area power)

Tenants pay: Power individually metered

Property has sufficient land to add suites to existing building or add a separate side by side with basement suites according to Edmonton new zoning bylaw effective Jan 01, 2024.

Central, mixed residential and commercial location presenting easy access to all corners of the city. Bus stop directly in front; Within 8 minutes to Royal Alex Hospital, Kingsway Mall, Walmart, U of Alberta, Grant MacEwan and NAIT Campuses, and ICE District. Within 5 mins to Westmount Mall, Telus World of Science, Safeway, Home Depot, Canadian Superstore, Canadian Tire, 4 major Banks, Public Health Centre, and Coronation Park; Within walking distance to Medical Clinics, several Pharmacies, Strip Malls, Bakery and Restaurants.