Suited Home Walking Distance to NAIT

ADDRESS: 12210 106 Street
ASKING: $345,000

Property Overview:

Discover this exceptional investment opportunity in the heart of Edmonton. This suited home offers 800 square feet of beautifully designed living space on the main level, perfect for both families and investors looking for a lucrative rental property.

Main Floor Suite:

• Spacious 2-bedroom, 1-bathroom suite.
• Upgraded kitchen featuring sleek stainless-steel appliances.

Basement Suite:

• Cozy 1-bedroom, 1-bathroom suite.
• Ideal for additional rental income or extended family living.

Nestled on a generous 42 x 150-foot lot, this property also includes a single-car garage and ample parking space, providing convenience for all your tenants.

Location Highlights:

This home is situated in a highly sought-after, family-friendly neighborhood within walking distance to NAIT, Kingsway Garden Mall, schools, daycares, restaurants, and more. It’s the perfect setting for both families and renters alike. Plus, you’ll be just steps away from one of the best Tzatziki Donairs in town!

Financial Overview:

• Mortgage: $1,411.45 (30-year AM, 4.62%)
• Property Tax: $186
• Insurance: $140
• Utilities: $400
• Main Floor Rent: $1,700
• Basement Rent: $1,500
• Garage Rental: $300
• Total Projected Cashflow: $1,363

ATTENTION INVESTORS:

The Edmonton area market is on fire right now! Rents are increasing, and rental ads are getting 100-200 responses. With the ongoing immigration and migration influx, now is the perfect time to invest in rental properties. Don’t get caught up in the multiple offer rat race—this exclusive off-market property in Westwood offers a fantastic opportunity to secure a high-demand rental.

Why Westwood?

Westwood is an appealing community for a suited rental property for several reasons:

1. Proximity to Educational Institutions:
   Located near NAIT and the University of Alberta, Westwood is a prime location for students, faculty, and staff seeking convenient housing options.
2. Accessibility and Transportation:
   Well-connected by public transit, with easy access to major bus routes and LRT stations, making it ideal for renters who rely on public transportation.
3. Affordability:
   Westwood offers more affordable housing options compared to other Edmonton neighborhoods, attracting budget-conscious renters.
4. Community Amenities:
   Close to shopping centers, parks, and recreational facilities, the neighborhood supports a comfortable lifestyle for families, young professionals, and students.
5. Strong Rental Demand:
   The strategic location and accessibility contribute to consistent rental demand in Westwood, ensuring a steady income stream.
6. Investment Potential:
   With ongoing development in Edmonton, Westwood has strong potential for property value appreciation, offering both immediate rental income and long-term capital growth.

Explore More:

For a video walkthrough and comparable properties, visit HERE.

Investing in this property not only secures a strong cashflow but also positions you for future growth in one of Edmonton’s most promising neighborhoods.

Contact me today to learn more or schedule a viewing and I’d be happy to help!