Edmonton - Take the cheques to the bank!

[InvestinAlberta]

Currently rented at $1,400/month with a great tenant that would like to stay, you have the opportunity to own a beautiful two story, two bedroom condominium townhouse with nothing to do but take rent cheques to the bank!

This spacious and inviting 1035 square foot two bedroom townhome located in the condominium complex of Meadowlark Village in Edmonton’s west end was extensively renovated in 2008 and recently refreshed with designer paint in warm contemporary colours and efficient Frigidaire Gallery and Maytag appliances. The GE hot water tank and Trane furnance were replaced in 2008 to keep utilities low. The exterior was updated in 2011 with new siding, kitchen and bedrooms windows, and sliding glass patio door.

The main level features laminate flooring throughout and a galley style kitchen. The stainless steel fridge, ceramic top stove, over-range microwave, and built-in dishwasher were newly installed in 2012. Plenty of countertop and storage space on both sides of the kitchen with custom maple cabinetry, under counter lighting, and laminate countertops with bevelled edging. A dual granite sink is the perfect size and includes a pull-out faucet. There are plenty of outlets for small appliances. The kitchen opens to the dining area and features a window as well as a decorative lit ceiling fan overhead.

In-suite high efficiency Maytag stacking front loading washer and dryer newly installed in 2012 are located in the hallway and are whisper quiet. The main level opens into a large living room area and space under the stairway for extra storage. The large glass sliding patio door faces south for lots of natural light and opens to the outdoor patio area. Attractive sun-blocking window blinds white in colour are installed on both the kitchen and patio door for privacy.

Going up to the second floor on the white spindle lined stairway, the stairs, upstairs hallway, and bedrooms have plush carpeting with a dense underlay for warmth and softness. The master bedroom is spacious and roomy with a large closet, sliding window, as well as a cable outlet. The second bedroom is a very nice size with its own closet and window as well. Both bedrooms include attractive window blinds. An ample sized linen closet is next to a large storage area with plenty of shelving and space for larger items.

The bathroom includes a deep style tub for relaxing after a long day and complete with a tub surround with shelves as well as a powerful shower head. The vanity is the same style as the kitchen cabinetry and includes a black granite countertop with an under mounting sink. Over top of the vanity is a large mirror, decorative lighting, as well as an efficient and quiet bathroom fan. The chrome fixtures sparkle and also includes brushed nickel towel bars and rings. The low flush toilet will help to reduce water consumption and water bills. The floor features quality Dura-ceramic tiles that also extends over the tub surround.

The south facing private patio area is fenced and landscaped and includes an area for patio furniture and planters for flowers. This is a great area for relaxing and barbequing in the summer and soaking up the sun!

Throughout the entire home all doors have been replaced and include brushed nickel handles and knobs. The lighting fixtures are all brushed nickel for consistency and quality of appearance. All switches and receptacles have also been replaced including the doorbell! The baseboards and casings were replaced and painted white for a clean fresh look. Mouldings over the doorways were also added for an extra custom finish.

Just outside the front door is a parking space with a electrical outlet. There is even a Tim Horton’s right around the corner!

This townhome is conveniently located next to Misericordia Hospital, West Edmonton Mall, and all nearby services along 170th street. Several schools of all grades are located just down the neighbouring streets. Easy vehicle access to Whitemud Drive, Anthony Henday, and Stoney Plain Road as well as convenient public transportation.

Never had any difficulties renting this townhouse with the extensive renovations, appliances, and nearby conveniences. This is a solid investment and great as a buy and hold strategy. The current tenant would like to stay and work out an arrangement with the new owner. Listed at only $189,900.

For additional details (mls# E3328072) and to arrange a viewing, please contact:

Teresa M. Mardon
Royal Lepage Noralta Real Estate
200-15057 Stony Plain RD
Edmonton, Alberta T5P 4W1

Telephone: 780-455-4181

Fax: 780-452-3716