$500,000 list price · 6 bedrooms · 3 bathrooms · 1,348 sq ft · Bungalow
What it costs to own
- List price
- $500,000
- Down payment (10%)
- $50,000
- Mortgage
- $450,000
- Rate · amortization
- 4.34% · 25 years
- Principal & interest
- $2,461/mo
Principal and interest only. Property tax, insurance, utilities, condo fees and maintenance are extra.
About this home
Investor-ready and income generating in a prime Mill Woods location! Situated in a quiet cul-de-sac just steps from the LRT, this renovated property offers exceptional value in a strong rental area with great long-term potential. Already generating income with excellent tenants in place, this is a true turnkey opportunity for investors. Designed for maximum functionality, with 2 fully self-contained living areas, featuring 3 bedrooms and 1.5 bathrooms on the 1348sq ft upper level, plus a separate 1213sq ft lower suite with 3 bedrooms and 1 full bathroom. Both suites offer their own private entrances & separate in-suite laundries. Major mechanical upgrades include 2 separate high-efficiency furnaces & a 60-gallon hot water tank, offering maximum efficiency. Whether you're adding to your portfolio or purchasing your first investment property, this one checks all the boxes with strong income, recent updates, an ideal layout, and an unbeatable location close to transit, amenities, schools, and more! (id:66555)
Property details
Property
- Style
- Bungalow
- Year built
- 1974
- Living area
- 1,348 square feet
- MLS® number
- E4511137
Interior
- Bedrooms
- 6
- Bathrooms
- 3
- Basement
- Finished, Full, Suite
- Appliances
- Dishwasher, Dryer, Microwave Range Hood Combo, Two stoves, Two Washers, Two Refrigerators
Systems
- Heating
- Forced air
Parking
- Parking
- Detached Garage, Oversize
City assessment
- Assessed value
- $528,000 (2025)
- Assessment class
- Residential
Lot & site
- Lot features
- See remarks, Paved lane, Lane
- Site influences
- See remarks, Paved lane, Lane
- Community
- Michaels Park
Rooms
Main level
- Living room3.56 × 6.17 meters
- Dining room5.05 × 3.98 meters
- Kitchen3.31 × 3.08 meters
- Primary Bedroom3.19 × 4.1 meters
- Bedroom 22.72 × 2.92 meters
- Bedroom 33.79 × 3.05 meters
Basement
- Bedroom 43.07 × 4.59 meters
- Bedroom 52.58 × 3.51 meters
- Bedroom 64.23 × 3.32 meters
- Second Kitchen3.81 × 3.43 meters
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Listing courtesy of RE/MAX Elite. Listing data is provided under copyright by the REALTORS® Association of Edmonton via the CREA Data Distribution Facility (DDF®). Information is deemed reliable but is not guaranteed accurate by CREA, the board, or Padster, and should be independently verified. Not intended to solicit properties currently listed for sale.