Prime Investment in Garneau! Just minutes from the University of Alberta, this fully rented 2-storey is a top-tier student housing investment. It features 8 bedrooms, 7 bathrooms, 3 kitchens, 3 stacked washer/dryers, and a mechanical room. A rear parking lot for 6 vehicles and a bike lane in front enhance tenant convenience. Currently rented by the bedroom, it could easily be leased by floor with utilities included. With UofA planning a 35% enrollment increase over the next decade, student housing demand is set to grow. Built in 2009, it boasts Hot Water on Demand (2023), Hydronic Heating, and a Heat Recovery Ventilator for energy efficiency. Within walking distance to grocery stores, banks, restaurants, and pharmacies, this low-maintenance rental is a strategic addition to any portfolio. Don’t miss out!
Property Type:
Single Family
Dwelling Type:
Detached Single Family
Home Style:
2 Storey
Total Floor Area:
2,401.66 sq. ft.223 m2
Price Per SqFt:
$358.04
Total area above grade.:
2,402 sq. ft.223.12 m2
Secondary Suite:
No
Lot Area:
4,356.155 sq. ft.405 m2
Lot Shape:
Rectangular
Grade Level Entry:
Yes
Levels:
3
Exposure / Faces:
Southeast
Year built:
2009
(Age: 16)
Bedrooms:
8
(Above Grd: 6)
Bathrooms:
7.0
(Full:7/Half:0)
Total Rooms Above Grade:
8
Building Type:
Detached Single Family
Construction:
Wood, Vinyl
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Concrete, Laminate Flooring, Linoleum
Heating:
In Floor Heat System, Natural Gas
Parking:
No Garage, Rear Drive Access, Stall
Garage:
No
Ensuite:
Yes
Off Street Parking, Detectors Smoke, Hot Water Tankless, No Animal Home, Walkout Basement
Garneau
Back Lane, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Off Street Parking, Detectors Smoke, Hot Water Tankless, No Animal Home, Walkout Basement
Back Lane, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Data was last updated March 6, 2025 at 09:30 PM (UTC)
Area Statistics
Listings on market:
77
Avg list price:
$825,000
Min list price:
$315,000
Max list price:
$3,850,000
Avg days on market:
43
Min days on market:
1
Max days on market:
772
Avg price per sq.ft.:
$502.28
These statistics are generated based on the current listing's property type
and located in
Zone 15. 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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