Rare opportunity to own a cash-flowing legal rooming house in Ritchie, one of Edmonton’s most sought-after central communities. This income property features a ~900 sq ft self-contained 1-bedroom suite plus 8 private rental rooms across two levels. The main suite offers stable, long-term income with a tenant since 2009, while rooms rent for $500–$550/month. Updates include a new roof and 3 fully renovated rooms, creating immediate upside with ready-to-lease inventory. The functional 4-up/4-down layout with two half kitchens and multiple bathrooms is ideal for investors, multigenerational living, or an owner-occupier seeking a mortgage helper. Prime location steps to Whyte Ave, Mill Creek Ravine, transit, schools, and the University area ensures rental demand and long-term growth. Strong income with upside potential. (id:51989)
| Bathroom Total | 4 | Bedrooms Total | 8 |
| Appliances | Dishwasher, Hood Fan, Refrigerator, Stove, Window Coverings, Two Refrigerators | Basement Development | Finished |
| Basement Type | Full (finished) | Constructed Date | 1975 |
| Construction Style Attachment | Detached | Half Bath Total | 1 |
| Heating Type | Hot Water Radiator Heat | Stories Total | 2 |
| Size Interior | 2007 Sqft | Type | House |
| Detached Garage |
| Acreage | No | Fence Type | Fence |
| Land Amenities | Playground, Public Transit, Schools, Shopping | Size Irregular | 343.65 |
| Size Total | 343.65 M2 | Size Total Text | 343.65 M2 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom 5 | 8'6" x 11'1 | ||
| Basement | Bedroom 6 | 10'11 x 10'11 | ||
| Basement | Additional Bedroom | 10'9" x 11'6 | ||
| Basement | Bedroom | 12' x 8'2 | ||
| Basement | Second Kitchen | 11'11" x 9' | ||
| Main Level | Living Room | 18'5" x 9'11 | ||
| Main Level | Dining Room | 11'11" x 8'4 | ||
| Main Level | Kitchen | 12' x 8'8" | ||
| Main Level | Primary Bedroom | 11'11" x 19'8 | ||
| Upper Level | Bedroom 2 | 11'11" x 13'4 | ||
| Upper Level | Bedroom 3 | 11'11" x 9'10 | ||
| Upper Level | Bedroom 4 | 12 m | Measurements not available x 12 m | |
| Upper Level | Second Kitchen | 8'5" x 9'2 |