108 days on Market

224 LEE RIDGE RD, Edmonton, Alberta T6K0N3

Detached
3 + 4
4
~1580.79 sqft
$•••,•••
$769,900
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Detached
3 + 4
4
~1580.79 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$487/sqft

Est. Mortgage$3,306/mo

Tax Amount ()-

Days On Market108 days


Description

Prime Income Property with Triple Revenue Streams! Investors and Homeowners alike take note—this new build Bungalow on a recently rezoned neighbourhood offers an incredible opportunity to maximize returns with three separate income-generating units. Whether you're looking for a steady rental portfolio addition or a house to live in while your rentals cover your mortgage costs. This is a must see! 7 bedrooms, 4 bathrooms, separate entrance, 10' ceilings, over 3,000 sqft of fully finished living space, ready to start your cash flow! Price includes GST Located in an area undergoing transformation. This is the perfect chance to secure a high-performance asset in an evolving market. Don't miss out—your next profitable investment starts here! MOTIVATED SELLER - BRING YOUR BEST OFFER! (id:39198)


Property Details

StyleHouse
View-
Age of property2024
SqFt~1580.79 SqFt
Lot Size-
Parking Spaces6
MLS ®NumberE4421111
Community NameLee Ridge
Data SourceCREA
Listing byRE/MAX River City

Features

Heating: Forced air
Basement: Finished, Full, Suite

Basement Floor

Bedroom 4

3.65 x 3.69

Bonus Room

3.19 x 3.68

Bedroom 5

3.29 x 3.85

Bedroom 6

2.72 x 3.66


Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Feb 11, 2025
ListedActive
$769,900
108 days on market
history photo preview42
Listing by crea®
Property listed by RE/MAX River City, Brokerage
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Market Data - Lee Ridge

Geo Zone Map ThumbnailLee Ridge

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

0 day

New Listings

Past 30 days

4 listings

Compared to

2024

2 listings

Units sold

Past 30 days

0 unit

Compared to

2024

0 unit

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 2907
Average household income $103,071

Age (%)

0 to 19
28%
20 to 34
20%
35 to 49
20%
50 to 64
17%
65 and plus
15%

Household composition (%)

Single family
69%
Single person
24%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
69%
Tagalog (Pilipino, Filipino)
6%
Urdu
4%
Somali
3%
Punjabi (Panjabi)
2%
Spanish
2%
French
2%
Arabic
2%
Others
2%
German
1%
Yue (Cantonese)
1%

House tenancy (%)

Owners
60%
Renters
40%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

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