Have you found your favourite real estate market to invest in? With low vacancy rates and reasonable home prices, Edmonton may be a perfect choice when buying a rental unit! While you don’t need significant capital for purchasing a property, it is important to choose the right investment strategy. Do not worry, our expert team is here to help you succeed in achieving your real estate goals in the long term. Now, let’s explore some of the greatest neighbourhoods in North Edmonton to buy a rental property!
How are we different?
The Esposito team includes some of the best Realtors® in Edmonton dedicated to giving you professional guidance through your purchase. For 25 years, we have not only owned and managed rental properties, but also helped dozens of average-income clients become profitable landlords. First of all, we will evaluate the cash flow potential of numerous properties and help you choose the right neighbourhood for investing. In addition, our mortgage specialists will assist you to purchase a rental property by leveraging the equity in your existing home. Lastly, we will coach you on advertising to find the best quality of tenant possible and so much more! Carefully proven, with us you will achieve your investment goals at the lowest risk! Let’s see what are our clients saying about us!
Where to buy a rental property in North Edmonton?
When looking to buy a rental property, it is important to explore investment options in different rental neighbourhoods. See incredible homes available for sale in North Edmonton right now!
Lauderdale & Rosslyn
Explore Lauderdale and Rosslyn – the neighbourhoods well known for their affordable prices and very low vacancy rates! With the highest concentration of the 1960s up/down duplexes on the north side, the residential areas are ideal for rentals with a basement suite. What is more, there is a potential for investors to increase their monthly flow with the basement suite in the following years. One of the great benefits of these communities is a superb public transit along 97 Street to the downtown core. Residents can also benefit from plentiful schools and shopping centres nearby, such as Northgate Centre and North Town Mall. Check out some of the housing options in these areas – try the links below!
Griesbach, Edmonton
Longing to have higher rental income or higher-quality tenants? Voted as #1 neighbourhood in Edmonton multiple times!
Targeted at a luxury rental market, this lucrative neighbourhood offers the highest rents in North Edmonton! The area is great for recreational activities due to having plentiful lakes and parks, such as Central Park. This neighbourhood has indeed an excellent location next to the Northgate Transit Centre. The neighbourhood is made of new constructions with some rents ranging from 1 bedroom condos to houses over $600k. Visit this website to discover amazing recreational facilities and other amenities in the area now!
5431 BONAVENTURE AVENUE
GRIESBACH NEIGHBOURHOOD
Looking for a spacious home in Griesbach? This unique 4-bedroom fully-furnished house with a full chef’s kitchen and excellent amenities is available right now! Professionally landscaped and fully fenced yard with the maintenance-free deck are some of the best features this house provides. Fall in love with fantastic entertaining options like games and theatre and so much more! See it today!
Northmount, Edmonton
Are affordable rent and excellent amenities your priorities when choosing a new home? Welcome to Northmount – the neighbourhood very popular among families!
In addition to affordable housing, the community includes incredible facilities! For example, you can visit the Community League, auxiliary hospital or the largest transit centre in North Edmonton, Northgate Transit Centre. Residents have easy access to Downtown driving down 97 st. However, they can also enjoy direct buses to the University of Alberta, MacEwan University or NAIT. Families have different school options for their kids, such as Dickinsfield Junior High School and Northmount Elementary School and St. Anne Catholic Elementary School.
Eaux Claires, Edmonton
Have we told you that the majority of residential units in Eaux-Claires is owner-occupied? Buying, renting or becoming a landlord in this area is very convenient!
Housing in this community is a mixture of single-family houses, duplexes and condo apartments. Residents can enjoy pedestrian pathways and linkages as well as small parks and stormwater management ponds. As for amenities, the community offers convenient shopping at a huge shopping centre, Namao Centre and much more! Find out what is happening in this neighbourhood – try this link now!
Ready to invest in real estate?
Want to achieve your financial freedom through investing in real estate? Learn more about our professional services on our buying and investing page now!
Looking for advice from some of the best brokerages in the city? Let’s chat!
