Real Estate Investment: Suited Detached Home in Edmonton

11615 88 ST NW, Edmonton, AB, T5B 3R5

About This Property               

Fully tenanted suited detached home in Edmonton. Best part, it's currently going through the LEGALIZATION process. There's a quick and convenient commute to NAIT, Royal Alexandra Hospital, and the downtown core. The infrastructure surrounding the property will provide greater ease at filling any vacancies, and the size and quality of the property will have them staying. For the main floor suite you'll find three bedrooms and a large living area. Downstairs you'll find the basement has been recently updated, with two bedrooms, and the many large windows gives it a bright living space desired by many. The brightness down here is unparalleled, so there's no dungeon feeling here. The large yard and secured garage parking will appeal to any tenant. You can either rent out the whole thing for optimum cashflow, or move in with a mortgage helper! 

  • Built in 1963
  • 1,149 SQFT
  • 5,444 SQFT Lot
  • 3 Bed, 1 Bath upstairs
  • 2 Bed, 1 Bath downstairs
  • Double Garage Detached, Rear Drive Access 

Asking Price $344,900

Initial Cash Required: $75,730

Monthly Cash Flow: $429

Annual ROI: 32%

(10 Year Hold)


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