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Residential real estate investment opportunity you do not want to miss! This legally suited home has 5 bedrooms 2.5 bathrooms and two very nice tenants paying a total of $2,675 / month PLUS Utilities! With rents scheduled to increase this summer, you’re looking at a total of 2,850 of income each month.

Legally Suited Investment Opportunity

This 5 Bedroom Legally Suited Investment Opportunities MLS Write Up:

LEGALLY SUITED BASEMENT! 5 Bed 2.5 Bath on a QUIET STREET, in the beautiful neighborhood of West Meadowlark. Located a few minutes walk to West Edmonton Mall, Misericordia Hospital and K through 12 schools PLUS daycares. Easy access to the soon to be completed LRT stop, ensures future rental success and neighborhood desirability. The perfect opportunity for a young family looking to generate additional income every month or a GREAT Investment. Renovations were completed in 2021 including new VINYL WINDOWS, floors, paint, electrical panel upgrade, plumbing, kitchens, a stacked washer dryer per floor, and new bathrooms, plus a very convenient 2 piece off the primary bedroom. Located on a large, subdividable lot, with an OVERSIZED double car garage, and a fully fenced backyard. Another nice feature is the 2 completely separate entrances, on opposite sides of the house, providing a level of privacy not often available with suited homes. A MUST SEE!

The Private Remarks for Realtors

Upstairs tenant has a dog, please provide 24 hours Notice for showing. Rental income is 1600 + 375 for utilities upstairs and 1075 plus 225 for utilities downstairs. Basement Tenant is leaving soon (will be replaced) Main Floor tenants lease is up in May. Buyers to accept title insurance in Lieu of RPR

Dayneris quintana
Dayneris quintana
We recently had the pleasure of working with Logan to sell our apartment located in Edmonton while we live in Calgary, and we couldn't be happier with the results. Logan did an excellent job making suggestion for a better sale and renovating the apartment, transforming it into a stunning space. Thanks to his efforts, the apartment sold quickly and for above the asking price. Communication was seamless throughout the process. He kept us informed at every stage regarding the renovating process and the interest and in the apartment. We highly recommend Logan Patterson for his dedication, professionalism, and exceptional results. Thank you for your outstanding service!
Clarence Bouwsema
Clarence Bouwsema
Logan helped make the whole process easier and stressful free.
Darren Rankin
Darren Rankin
Couldn't have asked for a better realtor than Logan. Hard-working, punctual, and dedicated, he goes above and beyond regardless of whether you're buying a cozy condo or a dream home. His deep understanding of the market and strong rapport with fellow realtors make the process smooth sailing. Plus, his wealth of advice and keen eye for detail saved me money by catching things others might miss. Highly recommend using his broker, especially if you're a first-time homebuyer. Thanks for everything, Logan! PS: If you're a first-time homebuyer, just use his broker. Trust me, you won't regret it!
Michael Coderre
Michael Coderre
Logan was a pleasure to work with. He made recommendations on what would be the best money spent to sell our home quickly, and even lined up the trades and provided quotes for the work. In my opinion his services are a step above my past experiences, and I would highly recommend his services to any home seller. The fact that we sold the home for over asking price with no conditions was definitely the icing on the cake! Thanks Logan.
Harry Yau
Harry Yau
The whole experience selling my property was as easy as it could have been. Logan was incredibly helpful, keeping us up to date with amount of people interested, offers, and counters on a timely basis. He gave us comparable properties to help calibrate our asking price, and kept us updated on sale trends in the Edmonton market. He worked hard for our business, is very professional, and was always understanding of our availability limitations (total of 3 partners making decisions together from 3 different cities). I would hire him again, and would certainly recommend him to anyone looking to buy or sell in Edmonton.
Jaymee Sison
Jaymee Sison
Logan made the whole sale process from start to finish very easy. I live in a different city from where the property is located so I wasn't readily available to help with the sale. Logan coordinated photos, showings and best of all, he was respectful and mindful of our tenants who were currently living in the property. Thank you for your hard work Logan. We couldn't have been happier with the sale! $21K over list price!
Reid Tames
Reid Tames
Logan was phenomenal and super accommodating when it came to helping us buy our first home! We had so many questions and were challenging with our schedule but he was able to make it all work for US! Would highly recommend to any friends and family!!
MVP Power Inc
MVP Power Inc
Logan did an amazing job! He was very patient as we had seen several houses and willing to meet us any time. He was very knowledgeable about the neighbourhoods we wanted to buy in.

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