What a Location! This well cared for "Charming" little 2 Bedroom - 1 Bathroom - Bungalow Offers a Great Deal to the 1st Home Buyer / Investor & Business Entrepreneurs seeking a High Exposure "RM" Zoned (Medium Scale) Lot! Zoned for Office, Child Care Service & Retail Services (Such as a Cannabis Retail Store) with Signage! Currently Rented residentially for $1,400/Month + Utilities supports a Positive Cash flow of +/- $500 per month (@ 4.5% w/20% down, 25 Year Amortization). This home features 1940's Character Charm w/ hardwood floors, 2 Front Replaced Windows, Basement Sump Pump & A Completely repainted Exterior. Fenced backyard with room for Lots of Parking & Plenty of room for RV Parking as well. The property features 97 Street High Exposure Traffic with a Full Service Road in-front of the house. This is a Great Buy for those seeking a LOW COST solution to get into the Market with a Multitude of Possibilities not traditionally Found in many residential neighbourhoods!
Data was last updated October 19, 2025 at 01:30 AM (UTC)
Area Statistics
Listings on market:
94
Avg list price:
$311,250
Min list price:
$145,000
Max list price:
$1,145,000
Avg days in system:
38
Min days in system:
1
Max days in system:
548
Avg price per sq.ft.:
$301.44
These statistics are generated based on the current listing's property type
and located in
Zone 05. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on October 19, 2025 at 01:30 AM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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