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Greg Rosychuk

greg@yegagents.ca +1(587) 589-4734

Listed by Marcel J de Moissac • RE/MAX Elite

$775,000

8 Beds

4 Baths

1,705 SqFt

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Key Details

Property Type Single Family Home

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,705 sqft

Price per Sqft $454

MLS® Listing ID E4493129

Bedrooms 8

Full Baths 4

Year Built 1976

Lot Size 5,714 Sqft

Acres 0.13117124

Property Sub-Type Duplex

Property Description

University Buy-and-Hold: 4-Unit Cash Flow Engine Finding an exceptional buy-and-hold asset usually means compromising on location or layout—but this unique side-by-side bi-level duplex delivers both. Located minutes from the University, this cash-flow engine features fully legal basement suites, offering four distinct income streams in a near-zero vacancy market. The bi-level layout is an investor's secret weapon. Main levels offer bright living spaces transitioning to private, elevated balconies. Because of the design, the lower units sit partially above grade, completely eliminating that dark basement feel. Massive, oversized windows flood the legal lower suites with natural light, making them just as inviting as the main floors. With moderate renovations already completed, the heavy lifting is done for a clean, stable asset from day one. The property features a sun-drenched, south-facing backyard and a double detached garage perfect for generating additional parking or storage revenue.

Location

Province AB

Area Allendale

Zoning Zone 15

Rooms

Other Rooms Bedroom, Bedroom, Bedroom

Basement Full, Finished

Separate Den/Office true

Interior

Heating Forced Air-2, Natural Gas

Flooring Ceramic Tile, Laminate Flooring

Fireplace false

Appliance See Remarks

Exterior

Exterior Feature Back Lane, Landscaped, No Through Road, Playground Nearby, Public Transportation, Schools, Shopping Nearby

Community Features Deck

Roof Type Asphalt Shingles

Total Parking Spaces 2

Garage true

Building

Story 2

Foundation Concrete Perimeter

Architectural Style Bi-Level

Others

Tax ID 0017674128

Ownership Private

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REALTORS® Association of Edmonton (RAE VOW)

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Greg Rosychuk

+1(587) 589-4734

Agent | License ID: erosycgr1

Agent License ID: erosycgr1

10727/10729 64 AV NW Edmonton, AB T6H 1T1

Greg Rosychuk

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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