Real Estate Investment - Suited Detached Home in Edmonton, AB

Brand New Home with an Income Suite in Desirable Location

Location 

Edmonton’s premier west community. With easy access to all area’s of the city by major routes like Whitemud Drive and the Anthony Henday. Major attractions nearby are the River Cree Resort and Casino, West Edmonton Mall, and West Henday Promenade.

Tenant Profile 

Young business professionals with established jobs who are making good wages.

Buyer’s Expectations

Very low maintenance property with lower vacancy rates and great rents.

Bonus Value

Highly sought after community that is well thought out in it’s design and convenience to amenities. This property will shine while others may remain vacant in tougher markets. Come see for yourself!

Condition

Brand new turn key property with showhome condition.

Details

Year Built: 2019
Style Suited: Home
Number Of Suites: 2
Floor Space: 1,865
Garage: Triple Tandem
2 Units Total.
Upper - 3 Bedroom 2.5 Bath
Basement - 1 Bedroom 1 Bath

Financial Breakdown

• $455,000  Purchase price
• $2,725 Monthly Rent
• $3,400 annual taxes
• $654 annual maintenance
• $1,456 annual insurance
• $3,270 annual management

WITH 20% DOWN PAYMENT

• $413 / month Cash Flow
• Total Cash Invested: $97,700
• 5 Year ROI: 159%

Cash Flow Pro Forma