Courtesy of Mary Bark of RE/MAX River City
124 8604 GATEWAY Boulevard
Edmonton
T6E 4B6
$175,000
Calculate Mortgage
Condo
beds: 2
baths: 1.0
847 sq. ft.
built: 1972
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Turnkey Investment Opportunity – High-Demand Rental Location. Condo Fees INCLUDE ALL UTILITIES! This renovated 2-bedroom unit in Melrose Place Condo is a prime opportunity for investors seeking strong rental demand near the University of Alberta, Whyte Ave, and Downtown Edmonton. Perfect for students, professionals, and urban renters, this location ensures consistent tenant interest. Key Features: ? Fully renovated with an oversized maple shaker kitchen, updated appliances, modern laminate flooring, upgraded bathroom, and stylish lighting. Quiet corner unit with south and west-facing windows for great natural light. Spacious in-suite storage for added convenience. Well-managed building with recent door and window upgrades Steps from Saskatchewan Drive and Strathcona Market, this area offers top-tier walkability, easy transit access, and proximity to major amenities. A solid investment in a highly rentable location!
- Property Type:
- Condo
- Dwelling Type:
- Apartment
- Home Style:
- Single Level Apartment
- Total Floor Area:
- 847.02 sq. ft.
- Price Per SqFt:
- $206.61
- Total area above grade.:
- 847 sq. ft.
- Lot Area:
- 718.599 sq. ft.
- Elevator:
- No
- Stories Total:
- 4
- Levels:
- 1
- Floor Location:
- Ground
- Floor Number:
- 1
- Balcony/Terrace:
- Yes
- Unit Exposure:
- Southwest
- Exposure / Faces:
- East
- Year built:
- 1972 (Age: 53)
- Bedrooms:
- 2 (Above Grd: 2)
- Bathrooms:
- 1.0 (Full:1/Half:0)
- Total Rooms Above Grade:
- 5
- Building Type:
- Lowrise Apartment
- Complex / Subdivision:
- Melrose Place
- Construction:
- Wood, Stucco
- Foundation:
- Concrete Perimeter
- Basement:
- None, No Basement
- Basement Development:
- No Basement
- Roof:
- Tar & Gravel
- Floor Finish:
- Carpet, Ceramic Tile, Laminate Flooring
- Heating:
- Baseboard, Hot Water, Natural Gas
- Parking:
- Stall
- Parking Plan Type:
- Assigned
- Garage:
- No
- Ensuite:
- No
- Parking-Plug-Ins, Patio
- Strathcona
- Back Lane, Corner Lot, Golf Nearby, Landscaped, Paved Lane, Public Transportation, Schools, Shopping Nearby
- Parking-Plug-Ins, Patio
- Back Lane, Corner Lot, Golf Nearby, Landscaped, Paved Lane, Public Transportation, Schools, Shopping Nearby
- Dishwasher-Built-In, Hood Fan, Refrigerator, Stove-Electric
- None Known
- Private
- Floor
- Type
- Size
- Other
- Main
- Master Bedroom
- 0 × 0
- -
- Main
- Bedroom
- 0 × 0
- -
- Main
- Living Room
- 0 × 0
- -
- Main
- Dining Room
- 0 × 0
- -
- Main
- Kitchen
- 0 × 0
- -
- Condo Fee:
- 590.0
- Condo Fee Includes:
- Caretaker, Electricity, Exterior Maintenance, Heat, Insur. for Common Areas, Landscape/Snow Removal, Parking, Professional Management, Reserve Fund Contribution, Utilities Common Areas, Water/Sewer
- Condo Fee Pay. Schedule:
- Monthly
- Seller Rights Reserved:
- No
- Property Management Phone:
- 587-920-6310
- Property Management Company:
- Skyline Property Management
- Zone:
- Zone 15
- Zoning:
- Zone 15
- Title to Land:
- Fee Simple
- Road Access:
- Paved
- LINC Number:
- 0012255403
- Titled Storage:
- No
- Days On Website:
- 2 day(s)
- Status:
- Active
- Prop. Type:
- Condo
- MLS® Num:
- E4425843
- Bedrooms:
- 2
- Bathrooms:
- 1
- Year Built:
- 1972
Area Statistics
- Listings on market:
- 98
- Avg list price:
- $285,000
- Min list price:
- $120,000
- Max list price:
- $1,450,000
- Avg days on market:
- 22
- Min days on market:
- 1
- Max days on market:
- 192
- Avg price per sq.ft.:
- $282.4
These statistics are generated based on the current listing's property type
and located in
Zone 15. Average values are
derived using median calculations.
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Data was last updated March 16, 2025 at 03:30 AM (UTC)
Area Statistics
- Listings on market:
- 98
- Avg list price:
- $285,000
- Min list price:
- $120,000
- Max list price:
- $1,450,000
- Avg days on market:
- 22
- Min days on market:
- 1
- Max days on market:
- 192
- Avg price per sq.ft.:
- $282.4
These statistics are generated based on the current listing's property type
and located in
Zone 15. Average values are
derived using median calculations.
- Jason Hafso
- MaxWell Challenge Realty
- 780-964-7335
- jason@myrealhome.com
Jason Hafso
Get in touch
Jason Hafso
201-6650 177 Street
Edmonton, AB, T5T 4J5
Edmonton, AB, T5T 4J5
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