Brand-New Legally Suited Single Family Home in Keswick – $545,000

Location: Keswick, Edmonton
Price: $545,000
Total Living Space: 1,240 sq ft
Garage: Double Detached

Investment Highlights:

1. Dual Rental Income from a Legally Suited Home:

This brand-new 2023-built single-family home comes with a legal basement suite, providing two separate rental units.

• Main Unit:
  • 3 Bedrooms, 2.5 Bathrooms
  • Spacious Living Area on two levels
  • Perfect for families or professionals looking for a modern living space in a prime location.
• Basement Suite:
  • 1 Bedroom, 1 Bathroom
  • Legalized and completely separate, making it ideal for additional rental income.

With two legally separate units, this property offers dual rental income streams, maximizing your cash flow potential while keeping tenant turnover low.

2. Turnkey Investment in a Growing Community:

• New Build: As a newly constructed property, this home requires minimal maintenance, which is ideal for investors seeking hands-off management in the first few years.
• Modern Appeal: The home’s contemporary design, high-end finishes, and spacious layout appeal to today’s renters, ensuring competitive rental rates and a strong tenant pool.

3. Prime Location – Keswick (B-Class Area):

• High Demand Area: Keswick is part of Edmonton’s growing southwest region, which has seen a steady rise in demand from both renters and homebuyers. The community is known for its family-friendly atmosphere, new infrastructure, and access to major transportation routes.
• Proximity to Amenities: The property is located close to schools, parks, shopping centers, and public transportation, making it attractive to a wide range of tenants, including young families and professionals.

4. Garage and Outdoor Space:

The property comes with a double detached garage, offering secure parking and added appeal for potential tenants. The large backyard also enhances the property’s overall appeal, particularly for families with children or pets.

5. Low Vacancy and Strong Rental Demand:

• Main Unit: The spacious 3-bedroom upper unit is ideal for families, ensuring long-term rental stability.
• Legal Suite: The separate 1-bedroom basement suite offers affordable living for singles or couples, expanding your tenant pool.

Given the growth and demand in Keswick, you can expect strong rental demand with minimal vacancy risk.

Financial Overview:

• Dual Rental Income: The potential for two rental streams from the upper unit and basement suite ensures maximum cash flow potential.
• Appreciation Potential: As a new build in a growing community, the property is positioned for future appreciation, making it a great long-term investment.
• Turnkey Solution: No major renovations or updates required for the foreseeable future, allowing you to generate returns from day one.

6. Future Value Growth:

• Keswick’s Growth: With ongoing development and infrastructure improvements in the southwest, Keswick is poised for property value appreciation in the coming years, making this an excellent long-term investment.
• Modern Build Standards: This home is built to today’s modern standards, which should minimize future capital expenditures and attract tenants seeking a high-quality rental property.

Conclusion:

This legally suited single-family home in Keswick presents a low-maintenance, high-yield opportunity for investors seeking immediate rental income and long-term appreciation. The combination of modern amenities, a legal basement suite, and a prime location in a growing community makes this an excellent addition to any investor’s portfolio.