3 beds · 2 baths · 935 sqft
Amazing investment potential in Sweet Grass in South Edmonton for a 3 bedroom 1.5 bathroom condo on the ground floor. This unit just received $10,000 in upgrades with new flooring, paint, countertops, and painted kitchen cabinets. Inside the front door you are greeted with your kitchen, and dining area, and living room with direct access to your terrace. Down the hall you have a storage room, shared 4 pc bathroom, 2 good sized bedrooms, and then your primary bedroom with a 2 pc attached ensuite. This ground floor unit with West facing exposure is next to the elementary school, transit, and minutes away from shopping and South Edmonton Common. Your condo fee of $806 includes ALL utilities, an indoor pool, gym, tennis court, and so much more! This condo even has an onsite daycare! The current rent is $1550/mo and covers all costs of ownership plus CASH FLOW! This unit is perfect for a first time home buyer looking to quit renting or for your next investment. Come check it out today! (id:39198)
Building Type Apartment
Year built 1977
Square Footage 935 sqft
Stories
Bedrooms 3
Bathrooms 2
Parking 1
NeighbourhoodSweet Grass
Land size 183.31 m2
Heating type Baseboard heaters, Hot water radiator heat
Basement type
Parking Type Stall
Time on REALTOR.ca12 days
Brokerage Name: Real Broker
Home price
$119,495
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$993 / month
Rent $940
Savings $53
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$958 / month
Rent $932
Savings $26
Initial deposit 5%
Savings target Fixed at 5%