Investor Alert – Turnkey Opportunity in Garneau! Welcome to Golden Ash Apartments, a prime location for your next rental property or portfolio addition! This 2-bedroom, 1-bath condo offers 778 sq. ft. of smart, functional space in one of Edmonton’s most sought-after rental zones. Currently tenant-occupied, this property offers immediate rental income with no vacancy downtime—a true turnkey investment! Located in the heart of Garneau, just a short walk from the University of Alberta, University University Hospital, Whyte Ave, shopping, dining, and all major transit routes including ETS and LRT—this is the kind of location renters dream of, ensuring consistent demand year-round. Whether you’re a seasoned investor or just getting started, this unit checks all the boxes: low maintenance, ideal layout, unbeatable location, and proven rental appeal. Condos in this area are always in demand, making it a smart, stress-free addition to your investment portfolio.
Property Type:
Condo
Dwelling Type:
Apartment
Home Style:
Single Level Apartment
Total Floor Area:
778.78 sq. ft.72.4 m2
Price Per SqFt:
$231.13
Total area above grade.:
779 sq. ft.72.35 m2
Elevator:
No
Grade Level Entry:
No
Stories Total:
3
Levels:
1
Floor Location:
Other
Floor Number:
2
Balcony/Terrace:
Yes
Unit Exposure:
South
Exposure / Faces:
South
Year built:
1965
(Age: 60)
Bedrooms:
2
(Above Grd: 2)
Bathrooms:
1.0
(Full:1/Half:0)
Total Rooms Above Grade:
2
Plan:
1124117
Building Type:
Lowrise Apartment
Complex / Subdivision:
Golden Ash Apartments
Construction:
Wood, Brick, Vinyl
Foundation:
Concrete Perimeter
Basement:
None, No Basement
Basement Development:
No Basement
Roof:
Asphalt Shingles
Floor Finish:
Carpet, Laminate Flooring, Linoleum
Heating:
Baseboard, Hot Water, Natural Gas
Parking:
Stall
Parking Plan Type:
Assigned
Garage:
No
Ensuite:
No
On Street Parking, No Animal Home, Security Door, Storage-In-Suite
Garneau
Back Lane, Flat Site, Golf Nearby, Landscaped, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
On Street Parking, No Animal Home, Security Door, Storage-In-Suite
Back Lane, Flat Site, Golf Nearby, Landscaped, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby
Hood Fan, Refrigerator, Stove-Electric
None Known
Private
Floor
Ensuite
Pieces
Other
Main
-
4
Condo Fee:
674.36
Condo Fee Includes:
Exterior Maintenance, Heat, Insur. for Common Areas, Parking, Professional Management, Reserve Fund Contribution, Utilities Common Areas, Water/Sewer
Data was last updated June 28, 2025 at 01:30 PM (UTC)
Area Statistics
Listings on market:
156
Avg list price:
$249,900
Min list price:
$60,000
Max list price:
$3,695,000
Avg days on market:
39
Min days on market:
1
Max days on market:
297
Avg price per sq.ft.:
$268.3
These statistics are generated based on the current listing's property type
and located in
Zone 15. Average values are
derived using median calculations.
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.