
Courtesy of: Terry Paranych, Associate, RE/MAX Excellence
$569,900
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4 bed
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1,668 square feet
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3.00 Bath
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Single Family
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$569,900
10841 80 AV NW Priced to Sell! Tremendous Real Estate Investment Opportunity in the highly sought-after community of Queen Alexandra! This character home features a spacious 3 bedroom, 2 bathroom upper suite(1650 sf) along with a 1 bedroom, 1 bathroom LEGAL basement suite(900 sf), creating excellent opportunities for both investors and owner-occupants alike. Located just a short walk to the U of A Campus and vibrant Whyte Avenue, this property offers exceptional appeal in one of Edmonton’s strongest rental locations. The basement tenant would love to stay and is currently paying $1, 150/month plus utilities, while the main floor will become available August 1st — making this an ideal opportunity for a buyer to live upstairs while generating income from the legal suite below to help offset mortgage costs. For investors, the property currently generates approximately $42, 000 annually with tenants paying utilities. Also offering future redevelopment potential for a 6 to 9 unit multiplex in this prime central location. (id:203)