crea/IMG-E4359226_1.jpg
1 year on Market

34 decoteau DR SW, Edmonton, Alberta T6X1A4

Detached
5
5
~1515 sqft
$679,000
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Detached
5
5
~1515 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$448/sqft

Est. Mortgage$2,916/mo

Tax Amount ()-

Days On Market1 year


Description

Discover an exciting 3 IN 1 investment opportunity with our brand new fee simple townhomes, offering late fall 2024 possessions. Each unit is designed to maximize returns and offers a unique blend of features. These spacious homes consist of a main living area with 3 BED and 2.5 BATH, providing comfortable living spaces for residents. What sets these properties apart is the inclusion of a separate 2-bedroom legal basement suite, adding significant rental income potential to your investment. Additionally, there's a garden suite perched atop the detached double garage, offering even more versatility and rental income possibilities. This investment opportunity boasts an estimated 7% cap rate, making it an attractive choice for both first-time homebuyers and savvy investors. It promises to be a cashflow-positive investment in one of the most sought-after areas in southeast Edmonton. Don't miss out on the chance to capitalize on this prime real estate offering. (id:39198)


Property Details

StyleRow / Townhouse, Attached
View-
Age of property2023
SqFt~1515 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberE4359226
Community NameDecoteau
Data SourceCREA
Listing byCentury 21 All Stars Realty Ltd

Features

Heating: Forced air
Basement: Full (Finished), Unknown

Basement Floor

Bedroom 4

Bedroom 5

Second Kitchen


Property listed by Century 21 All Stars Realty Ltd, Brokerage
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Population and Demographics

Overview

Total population 2250
Average household income $125,492

Age (%)

0 to 19
30%
20 to 34
26%
35 to 49
26%
50 to 64
11%
65 and plus
6%

Household composition (%)

Single family
79%
Single person
13%
Multi person
5%
Multi family
3%

Mother tongue (%)

English
41%
Punjabi (Panjabi)
24%
Tagalog (Pilipino, Filipino)
7%
Gujarati
7%
Hindi
4%
Urdu
3%
Spanish
2%
Others
1%
Nepali
1%
French
1%

House tenancy (%)

Owners
81%
Renters
19%

Schools and amenities

Estimated Budget

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