See all 4 photos
4 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$629,900
Est. payment /mo
4 Beds
2 Baths
878 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 878 sqft
Price per Sqft $717
MLS® Listing ID E4418106
Bedrooms 4
Full Baths 2
Year Built 1943
Lot Size 4,355 Sqft
Acres 0.09999506
Property Sub-Type Detached Single Family
Property Description
This prime investment property in Garneau offers a fantastic opportunity for both immediate rental income and future development, as it is zoned for 10 units (can go up to 17 units potentially). Located just steps from the University of Alberta and Whyte Avenue, it combines an unbeatable location with long-term growth potential. The owner has completed over $80k in renovations over the past 7 years, including a full interior and exterior paint job, new roof with upgraded shingles and insulation, replaced gutters, downspouts, and water pipes, updated electrical wiring and panel, and new gas furnace, boiler, washer, dryer, and refrigerator. The home features three bedrooms on the main floor and one in the basement, all currently fully occupied, ensuring steady cash flow. Whether you choose to continue renting or take advantage of the redevelopment zoning to build something new, this property provides excellent flexibility and value.
Location
State AB
Zoning Zone 15
Rooms
Basement Full, Partially Finished
Interior
Interior Features ensuite bathroom
Heating Forced Air-1, Natural Gas
Flooring Ceramic Tile, Laminate Flooring
Appliance See Remarks
Exterior
Exterior Feature Playground Nearby, Public Transportation, Schools
Community Features See Remarks
Roof Type Asphalt Shingles
Garage true
Building
Story 2
Foundation Concrete Perimeter
Architectural Style Bungalow
Others
Tax ID 0014592655
Read Less Info
Copyright 2025 by the REALTORS® Association of Edmonton. All rights reserved.
Listed by Amiraj Jawanda • Exp Realty