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Descriptions:
Exceptional turn-key investment opportunity! This fully renovated bungalow is designed for low-maintenance ownership and strong returns. Major upgrades include all new electrical, plumbing, windows, shingles, flooring, hot water tank, fixtures, and paint--ensuring long-term durability and minimal upkeep. The exterior impresses with Hardie board siding, stone planters, and stylish dark trim for lasting curb appeal. Inside, the bright open layout features luxury vinyl plank, fresh neutral tones, and a striking stone-surround fireplace. The kitchen is fully updated with premium appliances including an induction cooktop, built-in JenAir oven, pantry, and cozy dining nook. Excellent revenue property for investors or cozy home for large families! Investor Notes Property Financial Overview (Fully Leased) Asking Price: $620,000 Gross Annual Rental Income: $78,600 Gross Capitalization Rate: 12.58%. Net Operating Income (NOI): $61,720 Net Capitalization Rate: 9.96% Projected Monthly NOI: $5,143
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| Includes: |
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Dishwasher-Built-In, Dryer, Oven-Built-In, Oven-Microwave, Stacked Washer/Dryer, Stove-Countertop Electric, Stove-Electric, See Remarks, Refrigerators-Two, TV Wall Mount |
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| Site Influences: |
| Back Lane, Fruit Trees/Shrubs, Golf Nearby, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby, Partially Fenced |
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| Legal Description: |
| ACCESS Legal Description |
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| Location & Listing Info: |
| Neighbourhood: |
Wellington
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| Lot Shape: |
Reverse Pie |
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| Property Info: |
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| Property Type: |
Detached Single Family |
| Home Style: |
Bungalow |
| Year Built: |
1959 |
| Total Floor Area: |
1,141 sq. ft. |
| Front Exposure: |
East
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| Exterior: |
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| Exterior: |
Back Lane, Fruit Trees/Shrubs, Golf Nearby, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby, Partially Fenced |
| Front Exposure: |
East |
| Roof: |
Asphalt Shingles |
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| Rooms: |
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| Total Bedrooms: |
7
(Bedrooms Above: 4)
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| Bathrooms: |
Full: 4
/ Half: 2
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| Rooms Above: |
5 |
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| Additional Info: |
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| Heating: |
Y |
| Basement: |
Full, Finished |
| Basement Type: |
Full, Finished |
| Floor Finish: |
Ceramic Tile, Vinyl Plank |
| Parking: |
Double Garage Detached |
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Contact Curtis Leibel -
11058 51 AV, Edmonton, Alberta, T6H 0L4
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Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated April 23, 2026, 3:30 am. |
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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