About 7408 149a Avenue
**Investor Alert** This fully renovated home with a legal basement suite is a fantastic investment, generating $3,400/month in rental income, with tenants covering utilities. The main floor features three bedrooms and 1.5 bathrooms, while the legal basement suite offers two bedrooms and two full bathrooms, including a three-piece ensuite. Extensively upgraded, this property has been professionally rebuilt and certified by the City of Edmonton to meet all legal requirements. Updates include windows, kitchens, bathrooms, shingles, flooring, paint, doors, trim, and fixtures. The basement ceiling is insulated with Roxul Fire & Sound, ensuring privacy between suites. Each unit has a separate entrance and in-suite laundry. The oversized double detached garage features updated doors and openers. All this in a great neighbourhood on a 51x120 ft parcel. With the main floor renting for $2,049/month and the basement for $1,400/month, this home offers strong cash flow and long-term value.
Features of 7408 149a Avenue
MLS® # | E4423725 |
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Price | $499,000 |
Bedrooms | 5 |
Bathrooms | 3.50 |
Full Baths | 3 |
Half Baths | 1 |
Square Footage | 1,073 |
Acres | 0.00 |
Year Built | 1969 |
Type | Single Family |
Sub-Type | Detached Single Family |
Style | Bungalow |
Status | Active |
Community Information
Address | 7408 149a Avenue |
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Area | Edmonton |
Subdivision | Kilkenny |
City | Edmonton |
County | ALBERTA |
Province | AB |
Postal Code | T5C 2W6 |
Amenities
Amenities | Off Street Parking, Detectors Smoke, Parking-Extra, Vinyl Windows |
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Parking Spaces | 4 |
Parking | Double Garage Attached, Over Sized, RV Parking |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | ensuite bathroom |
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Appliances | Dishwasher-Built-In, Dryer, Stove-Electric, Washer, Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two |
Heating | Forced Air-1, Forced Air-2, Natural Gas |
Fireplace | No |
Stories | 2 |
Has Basement | Yes |
Basement | Full, Finished |
Exterior
Exterior | Wood, Vinyl |
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Exterior Features | Fenced, Playground Nearby, Schools, Shopping Nearby |
Roof | Asphalt Shingles |
Construction | Wood, Vinyl |
Foundation | Concrete Perimeter |
Additional Information
Date Listed | March 3rd, 2025 |
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Days on Market | 1 |
Zoning | Zone 02 |
Foreclosure | No |
RE / Bank Owned | No |
Listing Details
Office | Courtesy Of Ryan T Gillen Of Lux Real Estate Inc |
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