Single Family
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! (id:6769)
Subarea
Parkallen (Edmonton)
Lot
0
Year Built
1950
| Room | Floor | Dimension |
|---|---|---|
| Dining room | Basement | 1.8 m X 2.99 m |
| Bedroom 3 | Basement | 3.12 m X 3.22 m |
| Bedroom 4 | Basement | 2.79 m X 4.44 m |
| Bedroom 5 | Basement | 3.84 m X 3.23 m |
| Second Kitchen | Basement | 1.67 m X 2.99 m |
| Laundry room | Basement | 2.6 m X 1.82 m |
| Living room | Main level | 4.01 m X 4.73 m |
| Kitchen | Main level | 4.01 m X 3.08 m |
| Primary Bedroom | Main level | 3.67 m X 3.43 m |
| Bedroom 2 | Main level | 3.67 m X 3.11 m |
Jeffrey C. Lewis
(780) 239-1948
RE/MAX Elite
(780) 406-4000
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Listing data last updated date: 2026-07-15 03:18:09
