$789,000 list price · 10 bedrooms · 4 bathrooms · 2,225 sq ft · Raised bungalow
What it costs to own
- List price
- $789,000
- Down payment (10%)
- $78,900
- Mortgage
- $710,100
- Rate · amortization
- 4.34% · 25 years
- Principal & interest
- $3,883/mo
Principal and interest only. Property tax, insurance, utilities, condo fees and maintenance are extra.
About this home
FOUR UNITS. FULLY TENANTED. TURNKEY INVESTMENT! Newly renovated side-by-side duplex with two legal basement suites in Wellington generates $6,950/month in rent—$83,400 annually—with projected cash flow of $1,000+/month, subject to financing. Four tenanted units with leases extending into 2027 offer income from day one and multiple rental streams to help spread vacancy risk. Completed renovations save you the time and coordination of a renovation project. Close to schools, parks and shopping along 137 Avenue, with convenient access to 127 Street, this established northwest Edmonton neighbourhood offers the everyday convenience renters value. Grow your portfolio with a renovated, fully leased property and rental income already in place! (id:66555)
Property details
Property
- Style
- Raised bungalow
- Year built
- 1963
- Living area
- 2,225 square feet
- MLS® number
- E4515087
Interior
- Bedrooms
- 10
- Bathrooms
- 4
- Basement
- Finished, Full, Suite
- Appliances
- See remarks
Systems
- Heating
- Forced air
Parking
- Parking
- Detached Garage
City assessment
- Assessed value
- $271,000 (2025)
- Assessment class
- Residential
Lot & site
- Lot size
- 387 m² (4,165 sq ft)
- Lot features
- Treed, See remarks, Paved lane, Lane
- Site influences
- Treed, See remarks, Paved lane, Lane
- Community
- Wellington
Rooms
Main level
- Living room4.38 × 3.63 meters
- Dining room3.26 × 3.14 meters
- Kitchen4.28 × 3.08 meters
- Primary Bedroom3.84 × 3.16 meters
- Bedroom 23.84 × 3.08 meters
- Bedroom 33.05 × 3.09 meters
- Bedroom 43.84 × 3.16 meters
- Bedroom 53.84 × 3.08 meters
- Bedroom 63.05 × 3.09 meters
Basement
- Additional bedroom—
- Bedroom—
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Listing courtesy of Exp Realty. 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.