INVESTOR ALERT! 5 BED/2 BATH bungalow with LEGAL 3-BEDROOM BASEMENT SUITE in Parkallen, steps to UofA! Rare turnkey income property: the recently renovated legal suite (new flooring, paint, updated kitchen and bathroom) with private entrance is ready for tenants, comparable 3-bed suites in this pocket rent for approx. $1,500+/mo. Live up and rent down, or rent both floors for est. $3,000+/mo gross. Major mechanicals are done: newer windows, furnace, hot water tank, and roof. The main floor offers 2 bedrooms, a full bath, hardwood floors, spacious living room, and a functional kitchen awaiting your ideas — priced accordingly. Sitting on a 33'×130' lot with lane access, ample rear parking, and room for a future garage/garden suite (buyer to verify with City). Unbeatable location: walk to U of A, Whyte Ave, McKernan, and the beloved Parkallen Colombian coffee shop. Vacant possession possible-set your own rents. A numbers-first opportunity at this price!More details
RARE INVESTMENT & REDEVELOPMENT OPPORTUNITY in the heart of Queen Alexandra! Zoned RM h16 (RA7), this property offers exceptional future potential in one of Edmonton's most desirable infill corridors. Just steps to Whyte Ave, the University of Alberta, transit, cafés, and shopping, the existing home offers timeless character while providing immediate income potential with 5 BEDROOMS, 2 FULL BATHROOMS, 2 KITCHENS, separate living areas, and a versatile loft ideal for a home office or additional flex space. Investors can generate rental income today while capitalizing on the property's long-term redevelopment potential. Whether you're looking to add to your portfolio, build in a sought-after central location, or secure a property with exceptional long-term upside, this is a rare opportunity in one of Edmonton's most desirable communities.More details
LIVE or INVEST Near the UNIVERSITY OF ALBERTA! Discover this brand-new EAST facing property with a legal basement suite. 5 Min drive to Calgary Trail, Whitemud Drive & U of A. 10 min drive to downtown & west edmonton mall. Thoughtfully raised building to maximize natural light in the lower-level units—offering a bright and welcoming atmosphere rarely found in basement suites! This 1700+ sq.ft. living space boasts an upscale interior and exterior, featuring luxury vinyl flooring on the main and basement levels, premium carpeting on the second floor, and 9 ft. ceilings throughout for a spacious feel. The modern two-tone kitchen cabinets, quartz countertops, and sleek tile-finished bathrooms elevate the elegance. Built with energy efficiency in mind, this property includes triple-pane windows, solar roof vents, 97% efficient furnace, tankless water heating, LG appliances, etc. ensuring lower utility costs. Basement has a legal suite with all amenities and ALREADY RENTED. Condo fees are not assessed yet.More details
Data was last updated July 14, 2026 at 05:30 PM (UTC)
Data last updated on July 14, 2026 at 05:30 PM (UTC).
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