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Descriptions:
INVESTOR ALERT! 5 BED/2 BATH bungalow with LEGAL 3-BEDROOM BASEMENT SUITE in Parkallen, steps to UofA! Rare turnkey income property: the recently renovated legal suite (new flooring, paint, updated kitchen and bathroom) with private entrance is ready for tenants, comparable 3-bed suites in this pocket rent for approx. $1,500+/mo. Live up and rent down, or rent both floors for est. $3,000+/mo gross. Major mechanicals are done: newer windows, furnace, hot water tank, and roof. The main floor offers 2 bedrooms, a full bath, hardwood floors, spacious living room, and a functional kitchen awaiting your ideas -- priced accordingly. Sitting on a 33'ž130' lot with lane access, ample rear parking, and room for a future garage/garden suite (buyer to verify with City). Unbeatable location: walk to U of A, Whyte Ave, McKernan, and the beloved Parkallen Colombian coffee shop. Vacant possession possible-set your own rents. A numbers-first opportunity at this price!
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| Includes: |
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Dishwasher-Built-In, Dryer, Hood Fan, Washer, Refrigerators-Two, Stoves-Two |
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| Site Influences: |
| Fenced, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby |
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| Legal Description: |
| ACCESS Legal Description |
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| Location & Listing Info: |
| Neighbourhood: |
Parkallen (Edmonton)
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| Lot Shape: |
Rectangular |
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| Property Info: |
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| Property Type: |
Detached Single Family |
| Home Style: |
Bungalow |
| Year Built: |
1950 |
| Total Floor Area: |
846 sq. ft. |
| Front Exposure: |
North
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| Exterior: |
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| Exterior: |
Fenced, Playground Nearby, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby |
| Front Exposure: |
North |
| Roof: |
Asphalt Shingles |
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| Rooms: |
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| Total Bedrooms: |
5
(Bedrooms Above: 2)
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| Bathrooms: |
Full: 2
/ Half: 0
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| Rooms Above: |
4 |
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| Additional Info: |
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| Heating: |
Y |
| Basement: |
Full, Finished |
| Basement Type: |
Full, Finished |
| Floor Finish: |
Carpet, Ceramic Tile, Hardwood |
| Parking: |
Parking Pad Cement/Paved |
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Contact Sherrie Anderson -
8104 - 160 Avenue, Edmonton, Alberta, T5Z 3J8
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Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Data was last updated July 14, 2026, 6:54 pm. |
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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