***Investor Alert*** Unlock a prime investment opportunity with this 2-bedroom bungalow situated on a 33' x 125' lot in a strategic location. Previously rented for $1350/month + utilities, this property offers a proven revenue stream. The generous lot size presents significant land bank potential for future development in a revitalizing area. The home features 2 bedrooms, bright living spaces, a full-height basement for storage, and a desirable large deck with a fully fenced yard – features attractive to tenants. Added value includes a drywalled, single-car garage. Strategically located minutes from NAIT and downtown, and within the vibrant Alberta Avenue district, this property benefits from high tenant demand due to proximity to education, employment, transit, local shops, and community amenities. Secure steady rental income now while holding a valuable land asset for future appreciation or redevelopment. A smart addition to any investment portfolio.
Data was last updated May 6, 2025 at 09:30 AM (UTC)
Area Statistics
Listings on market:
87
Avg list price:
$309,900
Min list price:
$150,000
Max list price:
$1,849,900
Avg days on market:
27
Min days on market:
0
Max days on market:
383
Avg price per sq.ft.:
$295.48
These statistics are generated based on the current listing's property type
and located in
Zone 05. Average values are
derived using median calculations.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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