This pride of ownership 2-storey home has an upstair 3-bedroom rental suite and a 2-bedroom main floor rental unit with a separate entrance. It includes a double divided garage for additional income generation. Located in NE Edmonton, this lovely home is within walking distance to all amenities (bus services, recreation facilities, Londonderry Mall), and easy access to the LRT and the Yellowhead Trail. It has a positive monthly cash flow potential with 25% down.

The assignment fee is just $3,000 and it includes a property inspection report. The possession date is Aug 1 with a possible Sept 1 extension. With this closing date, you get to keep all the appreciation on the property. The base cost of this lovely 2-storey home is only $388K. It is about $5-10K under market value.

The second option is to do a Joint Venture on this property.

Contact John Kho for further details at 780-757-7897 or email me at john.kho@shaw.ca