Special offer

PRICE REDUCED!!! 5 Bedroom, Fully Renovated Home in Queen Mary Park with inlaw suite $365,000

By
Real Estate Agent with Professional Realty Group
Who do you know that is going to school in Post-Secondary school in Edmonton (NAIT, University of Alberta to name a couple) and is renting a home? Why? Here is a listing that is completely renovated so there should be no major expenses during the next five years while at school. If their parents were to buy this home with about 5% down, the mortgage payments would be a little over $1,500 per month. Their total cost of housing (including taxes, insurance etc.) would be a little over $2,000 per month. If this student then were able to find some roommates I believe that they would be able to live rent free for the multiple years that they were in Edmonton. Even if they were only in town for 2 more years and they were able to save about $500 month in rent this would equate to over $12,000 in only two years. $60,000 over 5 years at school. That is a lot of student loan money. This home has 2 kitchen, 2 bathrooms and the bedrooms in the basement have large windows and would be ideal for a situation like this. If you think you know anybody who may be interested in an opportunity like this, please call me direct today at 780.669.1553.

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T5H 3M7-Edmonton (Queen Mary Park) MLS #E3206526 FOR SALE
$365,000 Price Reduced

Professional Realty Group
Aaron and Jason Beattie
Email Aaron and Jason


Work: 780-669-1553
Cell: 780-239-3902
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Details
Address: 10943 116 street Type: Residential Style: Single Story Bedrooms: 5 Bathrooms: 2 Suite: Yes Living Area: 1,061 square feet Year Built: 1952
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Description
It will not take you long to call this property home. Right from the moment you walk in the front door you will see that no stone has been left unturned. Everything from UPGRADED PLUMBING, ELECTRICAL& WIRING. All flooring is new which includes the HARDWOOD, TILES AND CARPET. Both the BATHROOM AND kitchen HAVE BEEN COMPLETELY RENOVATED. The surprises continue as you head to the basement and see that there are 3 bedrooms downstairs, with a NEW BATHROOM AND FULL KITCHEN. The NEW FURNACE was installed in 2010 along with SHINGLES AND ALL WINDOWS. NEWER HOT WATER TANK. This home shows like new and has room for the entire family or a student from NAIT. Visit the Realtor website to obtain additional information about the listing or visit www.MoveToSherwoodPark.com to find out what your home is worth online instantly.
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Brokered and Advertised by Professional Realty Group LID 21089516
Information is deemed to be correct but not guaranteed.

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Your Realtor

Jason Beattie, Realtor

Professional Realty Group

www.BTGroup.ca

Nick T Pappas
Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Jason, I've always thought that this was a good idea.  I've known only a hand full of people that have bought homes or condos for their kids while at school and rented available space out...makes a lot of sense to me.

Aug 27, 2010 02:56 PM