PRIME INVESTMENT with 4 units in this legally suited side-by-side duplex. One of the units is needing to be updated, but the rest have had a facelift previously. All units are occupied and have long term tenants. Some updates include the new roof 2018, furnaces and hot water tanks 2012. The upper units are both 3 bedrooms with 1.5 bathrooms, and the lower units have 2 bedrooms....for a total of 10 bedrooms and each unit has its own laundry. Outside the units have storage sheds and there's enough parking for 8 vehicles. Total gross rents are currently $4890 with a CAP rate of 4.5%, the net is $3711/month and can easily be over $4200+/month as all rents can be increased to reflect the market and bring you to a 6%+ CAP. This is an ideal rental as you are only a 1/2 block to 66 St for transit, and a few blocks from Millwoods Town Center for everything else.
Data was last updated August 2, 2025 at 01:30 AM (UTC)
Area Statistics
Listings on market:
118
Avg list price:
$469,950
Min list price:
$299,000
Max list price:
$998,800
Avg days in system:
25
Min days in system:
1
Max days in system:
124
Avg price per sq.ft.:
$368.16
These statistics are generated based on the current listing's property type
and located in
Zone 29. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on August 2, 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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