Investor Alert! This 3-bedroom bi-level is an excellent income-producing property with long-term tenants already in place. Currently rented on a fixed-term lease until June 30, 2026, this home offers consistent cash flow from day one. While the property does require updating and is being sold in “as-is” condition, it presents a solid opportunity for those looking to add value over time. The functional bi-level layout includes a bright living area, three bedrooms, and a lower level with additional space for future development or renovations. Located in a convenient neighborhood close to schools, parks, and amenities, this property combines reliable tenancy with strong long-term potential. A great fit for investors seeking steady returns and the opportunity to improve value down the road.
Data was last updated January 2, 2026 at 01:30 AM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$445,900
Min list price:
$215,000
Max list price:
$1,350,555
Avg days in system:
77
Min days in system:
12
Max days in system:
147
Avg price per sq.ft.:
$290.56
These statistics are generated based on the current listing's property type
and located in
Morinville. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data last updated on January 2, 2026 at 01:30 AM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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