Real Estate Investment: Suited Detached Home in Edmonton

11818 78 ST NW, Edmonton, AB, T5B 2J4

About This Property               

Talk about a suite property! This home has a fully legal basement suite with separate laundry for the upper and lower living space.  Each suite has its own yard and entrance. One in the front, one in the back. This is really an up down duplex. Downstairs, the raised windows give a more open feel. Upstairs the property has had a nice cosmetic refresh - it’s ready to go. Move-in ready and looking good. The upper suite has a great deck that’s nice and private with mature trees and landscaping. As a further bonus, the shingles have just been redone on the house and the garage prior to listing. Location wise there are nice infills close to the property and the convenience of having the LRT stop a block away is great for all kinds of occupants. Great turnkey property at a terrific price point.

Asking Price $299,999

Initial Cash Required: $64,550

Monthly Cash Flow: $421

Annual ROI: 34%

(10 Year Hold)

 


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