Courtesy Of Ryan T Gillen Of Lux Real Estate Inc

7408 149a Avenue, Edmonton, AB

$499,000

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5

Beds

Baths

1,073

Square feet

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
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
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
Parking Spaces 4
Parking Double Garage Attached, Over Sized, RV Parking
Is Waterfront No
Has Pool No

Interior

Interior Features ensuite bathroom
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
Exterior Features Fenced, Playground Nearby, Schools, Shopping Nearby
Roof Asphalt Shingles
Construction Wood, Vinyl
Foundation Concrete Perimeter

Additional Information

Date Listed March 3rd, 2025
Days on Market 1
Zoning Zone 02
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeCourtesy Of Ryan T Gillen Of Lux Real Estate Inc

Listing Map