Investor Alert in Forest Heights! This fully renovated bungalow with a LEGAL 2-bedroom basement suite is a rare find in one of Edmonton’s most sought-after central neighborhoods. The main floor offers 1,234 sq. ft. of bright, open living space with a modern kitchen, stainless steel appliances, spacious living & dining areas, three bedrooms, and a full bath. The legal basement suite is well-designed with its own full kitchen, dining room, large living room, two bedrooms, bath, and in-suite laundry - perfect as a mortgage helper or income property. Outside, enjoy a landscaped yard and double detached garage. Located on a tree-lined street steps from the River Valley, this property offers both lifestyle and strong cash flow potential. With quick access to downtown, schools, shopping, and transit, it’s a prime revenue-generating opportunity.
Property Type:
Single Family
Dwelling Type:
Detached Single Family
Home Style:
Bungalow
Total Floor Area:
1,234.2 sq. ft.115 m2
Price Per SqFt:
$559.06
Total area above grade.:
1,234 sq. ft.114.66 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Separate Entrance:
Yes
Lot Shape:
Rectangular
Grade Level Entry:
No
Levels:
2
Exposure / Faces:
East
Year built:
1958
(Age: 67)
Bedrooms:
5
(Above Grd: 3)
Bathrooms:
2.0
(Full:2/Half:0)
Total Rooms Above Grade:
6
Plan:
4851HW
Building Type:
Detached Single Family
Construction:
Wood, Stucco, Vinyl
Foundation:
Concrete Perimeter
Remodelled:
Substantial
Remodelled Year:
2025
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Carpet, Ceramic Tile, Vinyl Plank
Heating:
Forced Air-2, Natural Gas
Fireplace:
Yes
Fireplace Fuel:
Electric
Fireplace Type:
Insert
Parking:
Double Garage Detached
Garage:
Yes
Ensuite:
No
On Street Parking, Carbon Monoxide Detectors, Detectors Smoke, No Animal Home, No Smoking Home, Vinyl Windows
Data was last updated September 8, 2025 at 05:30 PM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$678,900
Min list price:
$399,500
Max list price:
$2,350,000
Avg days in system:
28
Min days in system:
3
Max days in system:
181
Avg price per sq.ft.:
$456.81
These statistics are generated based on the current listing's property type
and located in
Zone 19. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on September 8, 2025 at 05:30 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.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
