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Courtesy of Jeneen Marchant of Re/Max Real Estate.

5 11811 106 Street

Edmonton, AB T5G 2R2
  • $169,900
  • STATUS: Active
  • ID#: E4304605
UPDATED: 28 min ago
$169,900
  • 2
    BEDS
  • 0.02
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 741
    SQFT
  • $229
    $/SQFT
Neighbourhood:
Type:
Condo
Built:
2009
Area:

Description

Amazing investment property or an affordable first home. Located literally steps to NAIT, this condo was rented for $1200/month and the tenants paid their own utilities! With a CAP rate of 6.1%, this clean, 2 bedroom, 1.5 bathroom property is ideal for cash flow and rentability. The tenant pays $1150/mth + utilities, so this is a great turn key investment. Inside the unit, the main floor has the living room, kitchen with stainless steel appliances, a huge pantry with extra storage, and half bathroom. The lower level has the 2 bedrooms, a full bathroom, and laundry room. Other great features are that the whole unit was freshly painted, there's tankless hot water, and the west facing veranda is covered and private for being on the main road.

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© 2022 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data last updated: 2022-11-28T19:36:20.7 UTC.
Mortgage Calculator is provided by BoomTown.
www.searchthebesthouses.com/homes/130882545
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5 11811 106 Street Edmonton, AB T5G 2R2

  • Price: $169,900
  • Status: Active
  • On Site: Days
  • Updated: 28 min ago
  • ID#: E4304605
2
Beds
1
Baths
1
½ Baths
0.02
Acres
741
SQFT
$229
$/SQFT
2009
Built
Neighbourhood:
Westwood (Edmonton)
Area:
Edmonton
Property Description
Amazing investment property or an affordable first home. Located literally steps to NAIT, this condo was rented for $1200/month and the tenants paid their own utilities! With a CAP rate of 6.1%, this clean, 2 bedroom, 1.5 bathroom property is ideal for cash flow and rentability. The tenant pays $1150/mth + utilities, so this is a great turn key investment. Inside the unit, the main floor has the living room, kitchen with stainless steel appliances, a huge pantry with extra storage, and half bathroom. The lower level has the 2 bedrooms, a full bathroom, and laundry room. Other great features are that the whole unit was freshly painted, there's tankless hot water, and the west facing veranda is covered and private for being on the main road.
Exterior Features

Balcony Terrace Yes Construction Type Wood Frame Exterior Stucco Front Exposure West Garage Yn No Parking Stall Roof Type Asphalt Shingles Site Influences Back LanePlayground NearbyPublic Swimming PoolPublic TransportationSchoolsShopping Nearby Style Multi Level Apartment Unit Exposure W

Interior Features

Basement Full Basement Development Fully Finished Bedrooms Above Grade 2 Ensuite No Flooring CarpetLaminate Flooring Heating Source Natural Gas Rooms Above Grade 4 Total Floors Of Bldg 2

Property Features

Amenities And Features DeckDetectors SmokeLaundry-In-Suite Building Type Lowrise Apartment Condo Fee 200 Condo Fee Includes Self Managed Condo Name No Name Elevator Yn No Foundation Concrete Goods Included Dishwasher-Built-InDryerHood FanRefrigeratorStove-ElectricWasher Heating Type Forced Air-1 Restrictions None Known Road Access Paved Title To Land Fee Simple Zone Zone 08

© 2022 REALTORS® Association of Edmonton. All Rights Reserved.
Mortgage Calculator is provided by BoomTown.


© 2022 REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data last updated: 2022-11-28T19:36:20.7 UTC.
Mortgage Calculator is provided by BoomTown.
 
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Roberta Meili-Alford | The Good Real Estate Company
9920 79 Ave NW
Edmonton AB, T6E1R4