Ad Details
Date Posted	2007-06-22
Title	Beautifully Renovated Cash Flow Assignment or JV Property
Description 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 $5-10K under market value. The second option is to do a Joint Venture on this property. Contact John Kho for further details at 780-757-7897 or email me at john.kho@shaw.ca
Price ($)	391000
Address	13328 - 106 St
Quadrant
City	Edmonton
State/Province	Alberta
Zip/Postal	T5N 1Y1
Country	Canada
Building Type	Single-family Home
Bed(s)	5
Bath(s)	2
Date property is available	Closing Aug 1 (possiblly Sept 1), 2007
Open house date	By Appointment Only
Open house time	To be arranged
Square Footage	1981
Lot Size	Approximately 42 x 90
Garage	2
Year Built	1968
School District	NE Edmonton (community listing not available)
Community	Abbeydale
Virtual Tour URL
Features	Alarm Carpeted Floors Dishwasher Hardwood Floors Microwave Near Public Transportation Patio Washer/Dryer
Status	Active
Architecture Style
Style
Storeys
Foreclosure	No