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Renanza Realty
For sale

21 BURLINGTON AV

Spruce Grove, Alberta

MLS® E4509713

$484,900

Status
Active
Property type
House
MLS® number
E4509713
Bedrooms
5
Bathrooms
3
Year built
1973

Listing description

INVESTOR ALERT! This could be your opportunity to own a cash-flowing property that checks all the boxes. This well-maintained Brookwood bungalow features a 3-bedroom main floor currently rented for $1,750/month with approximately two years remaining on the lease, plus a legal 2-bedroom basement suite rented for $1,500/month on a month-to-month basis.

Rent includes utilities, while the solar panels help offset utility costs. Both suites have established tenants in place, making this a great opportunity for an investor looking for immediate rental income. The property has been very well maintained and offers solid bones, a functional layout and an excellent location close to schools, grocery stores, churches, shopping and everyday amenities.

Enjoy passive rental income today while owning a property with long-term appreciation potential.

Property summary

MLS® number
E4509713
Property type
Single Family
Building type
House
Square footage
1,181 sq ft
Title
Freehold
Built in
1973
Parking
Stall
Days on market
10 days

Features & details

Heating
Forced air, See remarks
Cooling
Central air conditioning
Basement
Finished, Full, Suite
Appliances
Washer, Gas stove(s), Dishwasher, Stove, Dryer, Microwave, Two Refrigerators
Architectural style
Bungalow

What would this home cost you?

Based on the $484,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,256 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of MaxWell Polaris, Edmonton.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.