Single Family
Priced to Sell! Tremendous Real Estate Investment Opportunity in the highly sought-after community of Queen Alexandra! This character home features a spacious 3 bedroom, 2 bathroom upper suite(1650 sf) along with a 1 bedroom, 1 bathroom LEGAL basement suite(900 sf), creating excellent opportunities for both investors and owner-occupants alike. Located just a short walk to the U of A Campus and vibrant Whyte Avenue, this property offers exceptional appeal in one of Edmonton’s strongest rental locations. The basement tenant would love to stay and is currently paying $1,150/month plus utilities, while the main floor will become available August 1st — making this an ideal opportunity for a buyer to live upstairs while generating income from the legal suite below to help offset mortgage costs. For investors, the property currently generates approximately $42,000 annually with tenants paying utilities. Also offering future redevelopment potential for a 6 to 9 unit multiplex in this prime central location. (id:6769)
Subarea
Queen Alexandra
Lot
404.4
Year Built
1917
| Room | Floor | Dimension |
|---|---|---|
| Bedroom 4 | Lower level | Measurements not available |
| Living room | Main level | Measurements not available x 20 m |
| Dining room | Main level | 10 m x Measurements not available |
| Kitchen | Main level | 13 m x Measurements not available |
| Primary Bedroom | Upper Level | 11'5 x 12'10 |
| Bedroom 2 | Upper Level | 12'5 x 12'4 |
| Bedroom 3 | Upper Level | 8 m x Measurements not available |
Terry Paranych
(780) 457-4777
RE/MAX Excellence
(780) 481-2950
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Listing data last updated date: 2026-05-15 02:49:03
