*8 BEDROOM HOME* with a 4-bedroom LEGAL Basement Suite! Excellent cash flow opportunity in the vibrant Ritchie neighborhood! This property offers 8 bedrooms (4 up, 4 down), 2 full bathrooms, and a fully developed legal basement with a separate entrance & second kitchen, making it ideal for amazing rental income! With quick access to the University of Alberta St.Jean Campus, Bonnie Doon Shopping Center, and the popular Ritchie Market, this location is highly desirable. The south-facing backyard features a double detached garage. This very well maintained bungalow is perfect for investors looking for a turnkey investment with long-term potential. Zoned RF3, with room for future growth! They always say LOCATION, LOCATION, LOCATION... well you got LOCATION, PRICE & IMMEDIATE CASH FLOW!
Property Type:
Single Family
Dwelling Type:
Detached Single Family
Home Style:
Raised Bungalow
Total Floor Area:
1,302.98 sq. ft.121 m2
Price Per SqFt:
$395.67
Total area above grade.:
1,303 sq. ft.121.05 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Separate Entrance:
Yes
Lot Area:
4,350.88 sq. ft.404 m2
Lot Shape:
Rectangular
Grade Level Entry:
No
Levels:
2
Exposure / Faces:
North
Year built:
1956
(Age: 69)
Bedrooms:
8
(Above Grd: 4)
Bathrooms:
2.0
(Full:2/Half:0)
Total Rooms Above Grade:
7
Building Type:
Detached Single Family
Construction:
Wood, Stucco
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Hardwood, Linoleum
Heating:
Forced Air-1, Natural Gas
Parking:
Double Garage Detached, RV Parking
Garage:
Yes
Ensuite:
No
Detectors Smoke, No Smoking Home
Ritchie
Back Lane, Fenced, Flat Site, Landscaped, Public Transportation, Schools, Shopping Nearby
Detectors Smoke, No Smoking Home
Back Lane, Fenced, Flat Site, Landscaped, Public Transportation, Schools, Shopping Nearby
Data was last updated March 6, 2025 at 05:30 PM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$769,900
Min list price:
$295,000
Max list price:
$1,300,000
Avg days on market:
14
Min days on market:
2
Max days on market:
267
Avg price per sq.ft.:
$426.65
These statistics are generated based on the current listing's property type
and located in
Zone 17. Average values are
derived using median calculations.
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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