University Area House for Sale: 5 Bed Income Property Near U of A

Edmonton Homes For Sale South Edmonton Houses For Sale 1 min read

Make your investment property dreams come true with this incredible bungalow with a legal basement suite located in the coveted neighborhood of Queen Alexandra. This University area house for sale features a bright three-bedroom suite on the main level and a separate two-bedroom suite on the lower level.

When it comes to investing in rental properties in Edmonton, this University area house for sale is a great choice. The prime location appeals to renters who want to be close to the University of Alberta and Whyte Avenue.

1,235 Sq Ft, 5 Bed, 2 Bath House for Sale - $414,000

This sun-filled corner bungalow has all the character and charm that Queen Alexandra is best known for. The upstairs suite has an open family/dining space and a spacious kitchen, as well as three good sized bedrooms and a full bathroom.

There is a private entrance serving the basement suite, which is also light-filled thanks to several large windows. With two more bedrooms and a full bath, the income potential for this property is excellent! To top it off, the detached double garage is insulated and could be rented out to University students or staff who want to avoid paying top dollar to park on campus.

Lastly, the backyard is great for outdoor entertaining or a charming little garden. In summer, the home is green and lush with plenty of fruit trees and shrubs in the front and back of the house.

Take a closer look at this University area house for sale today. Email or call/text Wally at 780-238-7384

MLS E4223051: Queen Alexandra Home for Sale

You won’t find a better investment opportunity in a great location close to the University and to the restaurants and boutiques of Whyte Avenue.

Rental income for similar properties in the area ranges from $850-1,000/month for a basement suite and $1,200-1,500/month for a main floor suite. Get someone else to pay the mortgage and get some extra revenue in your pocket with this amazing University area income property!

Call/text Wally at (780)238-7384 to set up a showing now or check out the full listing.

Curious to see what else this community has on the market? Search all Queen Alexandra homes for sale.

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