I’m excited to present this exceptional investment opportunity located in the heart of Balwin! This legally-suited duplex offers incredible cash flow potential with multiple income streams. Here are the key details:

Property Overview:

• Price: $699,900
• Address: 12802-12804 71 ST NW, Edmonton
• Building Type: Duplex (Front and Back)
• Bedrooms: 6 Total (3 Main + 3 Basement)
• Bathrooms: 3.1 (3 Full + 1 Half Bath)
• Total Living Space: 2,730.61 sq ft
• Lot Size: 458.98 sq m
• Year Built: 2007
• Legal Basement Suite: Yes

Investment Highlights:

• Dual Rental Units:
  Each side of the duplex is legally suited with a separate basement suite, providing a total of 6 bedrooms and 3.1 bathrooms across both units. The basement includes a fully finished suite with a second kitchen, 4-piece bath, and its own laundry facilities.
• Turnkey Rental Income:
  Current rents/leases:
  • 12802 Main Unit: $1,975/month (until August 31, 2025)
  • 12804 Main Unit: $1,755/month (until August 31, 2025)
  • 12802 Basement: $1,425/month
  • 12804 Basement: $1,295/month
    With existing long-term tenants in place, this is a cash-flowing asset from day one.
• Spacious Design:
  The duplex boasts open floor plans with abundant natural light. The main floor features an upgraded kitchen with sleek black and stainless steel appliances, quartz countertops, and ample cabinet space. Upstairs, the primary bedroom includes a 3-piece ensuite, and there are two additional generously sized bedrooms.
• Recent Updates & Appliances:
  All the necessary appliances are included (refrigerator, stove, dishwasher, washer, dryer). With two sets of laundry machines and modern finishes throughout, this property is ideal for attracting and retaining quality tenants.

Prime Location – Balwin Community:

• Close to Amenities: Situated in the Balwin neighborhood, the property offers easy access to schools, parks, public transportation, and shopping.
• Growing Area: This community is seeing growth in terms of both infrastructure and rental demand, making this an ideal time to invest.

Additional Property Features:

• Parking: Off-street parking and street parking available.
• Energy Efficiency: Heated by forced air with a natural gas system.
• Lot Size: Generous 50’x150′ lot offers flexibility and future potential.
• Move-In Ready Condition: Built in 2007, the duplex is in great condition and ready to continue generating income.

This legally-suited duplex offers a fantastic opportunity for both seasoned investors and those new to multi-unit properties. With high cash flow, strong tenants in place, and modern finishes, this property is primed to provide steady returns.

If you’d like to learn more or schedule a viewing, please don’t hesitate to get in touch. I’ve also included links below for virtual tours and brochures for your convenience.