Queen Alexandra, Edmonton
10841 80 Avenue NW
$569,900
•4 Bedrooms
4 Beds
•2.5 Bathrooms
2.5 Baths
Listed by Terry Paranych & Ronald Kleefman of RE/MAX Excellence
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Priced to Sell! Tremendous Real Estate Investment Opportunity in the highly sought-after community of Queen Alexandra! This character home features a spacious 3 bedroom, 2 bathroom upper suite(1650 sf) along with a 1 bedroom, 1 bathroom LEGAL basement suite(900 sf), creating excellent opportunities for both investors and owner-occupants alike. Located just a short walk to the U of A Campus and vibrant Whyte Avenue, this property offers exceptional appeal in one of Edmonton’s strongest rental locations. The basement tenant would love to stay and is currently paying $1,150/month plus utilities, while the main floor will become available August 1st — making this an ideal opportunity for a buyer to live upstairs while generating income from the legal suite below to help offset mortgage costs. For investors, the property currently generates approximately $42,000 annually with tenants paying utilities. Also offering future redevelopment potential for a 6 to 9 unit multiplex in this prime central location.
Courtesy of of RE/MAX Excellence.
What this place offers
- House built in 1917
- 4 bedrooms
- 2.5 bathrooms
- 1,668 square feet
- 2 storey
- Finished basement
- E4487640 MLS® ID
Where you'll be
House in Queen Alexandra, Edmonton
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Janice Mills
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The Esposito Team have been our Realtors on multiple transactions, both buying and selling. We have loved our experiences with them and are amazed at their friendliness, real esta . . . more
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Mirella and the Esposito team are amazing! They were recommended to us by a handful of people, and after our first meeting with Mirella we could see why. As soon as our home hit t . . . more
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We can't thank Joe enough for all of his assistance in selling our home!! From the initial phone call and meeting to discuss our home evaluation, we were impressed with his profes . . . more
Misty Harris
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I can’t say enough good things about Sheldon. He expertly guided me away from costly pitfalls; was highly responsive to my (many) messages; was accommodating in timelines fo . . . more
Hilary Forbes
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We were struggling to sell with another realtor. We had been on market for 80 days and were starting to think we would never sell. We switched Realtors to The Esposito Team based . . . more
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Mirella, Joe and Aldo demonstrate a meticulous work ethic and are committed to protecting my interests above all else. They are professional, extremely helpful and always maintain . . . more