INVESTOR ALERT – ***LEGAL SUITE*** WITH PRIME CORNER REDEVELOPMENT OPPORTUNITY! Situated in desirable Killarney, this rare corner lot offers outstanding potential for an 8-plex build—an ideal opportunity for investors looking to maximize land value while generating immediate income. This fully upgraded 1,070 sq.ft. bungalow features a LEGAL 2-bedroom basement suite with separate entry and 2 high-efficiency furnaces, providing excellent rental revenue during planning and permitting. The main floor offers oak hardwood, spacious living/dining area, bright U-shaped kitchen, 3 generous bedrooms, and a renovated 4pc bath. The newer legal suite is well-designed with modern finishes and great functionality. Set next to greenspace with two yard areas, patio, mature trees, and single detached garage. Close to schools, shopping, and transit. Hold, rent, and redevelop—an exceptional investment in a growing area!
Property Type:
Single Family
Dwelling Type:
Detached Single Family
Home Style:
Bungalow
Total Floor Area:
1,076.62 sq. ft.100 m2
Price Per SqFt:
$399.31
Total area above grade.:
1,077 sq. ft.100.02 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Separate Entrance:
Yes
Lot Area:
7,116.56 sq. ft.661 m2
Lot Shape:
Rectangular
Grade Level Entry:
No
Levels:
2
Exposure / Faces:
North
Year built:
1958
(Age: 68)
Bedrooms:
5
(Above Grd: 3)
Bathrooms:
2.0
(Full:2/Half:0)
Total Rooms Above Grade:
6
Plan:
4542KS
Building Type:
Detached Single Family
Construction:
Wood, Stucco
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Ceramic Tile, Hardwood, Laminate Flooring
Heating:
Forced Air-2, Natural Gas
Fireplace:
No
Parking:
Single Garage Detached
Enclosed Parking:
1
Garage:
Yes
Ensuite:
No
Patio, See Remarks
Northwest
Killarney
Corner Lot, Fenced, Flat Site, Fruit Trees/Shrubs, Landscaped, Park/Reserve, Playground Nearby, Private Setting, Public Transportation, Schools, Shopping Nearby, Treed Lot, See Remarks
Patio, See Remarks
Corner Lot, Fenced, Flat Site, Fruit Trees/Shrubs, Landscaped, Park/Reserve, Playground Nearby, Private Setting, Public Transportation, Schools, Shopping Nearby, Treed Lot, See Remarks
Data was last updated April 2, 2026 at 03:30 PM (UTC)
Area Statistics
Listings on market:
70
Avg list price:
$446,500
Min list price:
$179,999
Max list price:
$699,000
Avg days in system:
22
Min days in system:
1
Max days in system:
296
Avg price per sq.ft.:
$351.86
These statistics are generated based on the current listing's property type
and located in
Zone 02. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on April 2, 2026 at 03:30 PM (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.
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.