Investor Alert! This 3-bedroom bi-level is an excellent income-producing property with long-term tenants already in place. Currently rented on a fixed-term lease until June 30, 2026, this home offers consistent cash flow from day one. While the property does require updating and is being sold in “as-is” condition, it presents a solid opportunity for those looking to add value over time. The functional bi-level layout includes a bright living area, three bedrooms, and a lower level with additional space for future development or renovations. Located in a convenient neighborhood close to schools, parks, and amenities, this property combines reliable tenancy with strong long-term potential. A great fit for investors seeking steady returns and the opportunity to improve value down the road.
Data was last updated October 3, 2025 at 07:30 PM (UTC)
Area Statistics
Listings on market:
40
Avg list price:
$454,900
Min list price:
$215,000
Max list price:
$695,963
Avg days in system:
15
Min days in system:
1
Max days in system:
189
Avg price per sq.ft.:
$284.38
These statistics are generated based on the current listing's property type
and located in
Morinville. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on October 3, 2025 at 07:30 PM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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