Exceptional turn-key investment opportunity! This fully renovated bungalow is designed for low-maintenance ownership and strong returns. Major upgrades include all new electrical, plumbing, windows, shingles, flooring, hot water tank, fixtures, and paint—ensuring long-term durability and minimal upkeep. The exterior impresses with Hardie board siding, stone planters, and stylish dark trim for lasting curb appeal. Inside, the bright open layout features luxury vinyl plank, fresh neutral tones, and a striking stone-surround fireplace. The kitchen is fully updated with premium appliances including an induction cooktop, built-in JenAir oven, pantry, and cozy dining nook. Excellent revenue property for investors or cozy home for large families! Investor Notes Property Financial Overview (Fully Leased) Asking Price: $620,000 Gross Annual Rental Income: $78,600 Gross Capitalization Rate: 12.58%. Net Operating Income (NOI): $61,720 Net Capitalization Rate: 9.96% Projected Monthly NOI: $5,143
On Street Parking, Deck, Detectors Smoke, Hot Water Natural Gas, No Animal Home, No Smoking Home, Vinyl Windows
Northwest
Wellington
Back Lane, Fruit Trees/Shrubs, Golf Nearby, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby, Partially Fenced
On Street Parking, Deck, Detectors Smoke, Hot Water Natural Gas, No Animal Home, No Smoking Home, Vinyl Windows
Back Lane, Fruit Trees/Shrubs, Golf Nearby, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby, Partially Fenced
ensuite bathroom
Dishwasher-Built-In, Dryer, Oven-Built-In, Oven-Microwave, Stacked Washer/Dryer, Stove-Countertop Electric, Stove-Electric, See Remarks, Refrigerators-Two, TV Wall Mount
Data was last updated March 5, 2026 at 03:30 AM (UTC)
Area Statistics
Listings on market:
38
Avg list price:
$432,450
Min list price:
$215,000
Max list price:
$879,000
Avg days in system:
21
Min days in system:
2
Max days in system:
186
Avg price per sq.ft.:
$368.72
These statistics are generated based on the current listing's property type
and located in
Zone 01. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on March 5, 2026 at 03:30 AM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.