Realize significant CASH FLOW by owning this Half Duplex with LEGAL BASEMENT SUITE! Situated on a picturesque tree-lined street in historic Westwood, with 3 BEDS/1 BATH on the main and 2 BEDS/1 BATH on the lower floor, this property is primed to generate substantial income for savvy investors. Knowing the benefits of a central location close to NAIT, the owners invested over $70,000 to create a well designed, MODERN legal basement suite that feels BRIGHT and SPACIOUS. The end result was a gorgeous lower floor that has been easily rented and used as a thriving Airbnb as well. The long list of improvements incl. NEW FURNACE, Hot Water Tank, KITCHEN, BSMT BDRM "Emergency Egress" WINDOWS ($1200 ea), LAUNDRY, vented hood fan, NEW ELECTRICAL PANEL & SIDEWALKS, garage workbench + pwr. Incl. connected smoke & CM detectors & passed City Fire Inspection. You can live on one floor and rent out the other or rent them both and receive 2 rental incomes. Invest for the future by owning 2 legal dwellings under one roof!
Data was last updated October 3, 2023 at 12:30 PM (UTC)
Area Statistics
Listings on market:
53
Avg list price:
$374,000
Min list price:
$150,000
Max list price:
$770,000
Avg days on market:
58
Min days on market:
3
Max days on market:
477
Avg price per sq.ft.:
$344.46
These statistics are generated based on the current listing's property type
and located in
Zone 08. Average values are
derived using median calculations.
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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