Rare opportunity to own a cash-flowing legal rooming house in Ritchie, one of Edmonton’s most sought-after central communities. This income property features a ~900 sq ft self-contained 1-bedroom suite plus 8 private rental rooms across two levels. The main suite offers stable, long-term income with a tenant since 2009, while rooms rent for $500–$550/month. Updates include a new roof and 3 fully renovated rooms, creating immediate upside with ready-to-lease inventory. The functional 4-up/4-down layout with two half kitchens and multiple bathrooms is ideal for investors, multigenerational living, or an owner-occupier seeking a mortgage helper. Prime location steps to Whyte Ave, Mill Creek Ravine, transit, schools, and the University area ensures rental demand and long-term growth. Strong income with upside potential.
Property Type:
Single Family
Dwelling Type:
Detached Single Family
Home Style:
2 Storey
Total Floor Area:
2,007.27 sq. ft.186 m2
Price Per SqFt:
$293.88
Total area above grade.:
2,007 sq. ft.186.48 m2
Secondary Suite:
No
Separate Entrance:
Yes
Lot Area:
3,699.02 sq. ft.344 m2
Lot Shape:
Rectangular
Grade Level Entry:
Yes
Levels:
3
Exposure / Faces:
South
Year built:
1975
(Age: 51)
Bedrooms:
8
(Above Grd: 4)
Bathrooms:
4.0
(Full:3/Half:1)
Total Rooms Above Grade:
8
Plan:
2239X
Building Type:
Detached Single Family
Construction:
Wood, Stucco
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Bamboo, Ceramic Tile, Laminate Flooring
Heating:
Hot Water, Natural Gas
Parking:
Double Garage Detached
Garage:
Yes
Ensuite:
No
Hot Water Natural Gas, No Animal Home, No Smoking Home, See Remarks
Northwest
Ritchie
Back Lane, Fenced, Landscaped, Playground Nearby, Public Transportation, Schools, Shopping Nearby
Hot Water Natural Gas, No Animal Home, No Smoking Home, See Remarks
Back Lane, Fenced, Landscaped, Playground Nearby, Public Transportation, Schools, Shopping Nearby
Courtesy of Ricky Aujla of Century 21 Bravo Realty
Data was last updated April 29, 2026 at 03:30 PM (UTC)
Area Statistics
Listings on market:
46
Avg list price:
$527,450
Min list price:
$339,900
Max list price:
$1,699,900
Avg days in system:
34
Min days in system:
2
Max days in system:
250
Avg price per sq.ft.:
$447.16
These statistics are generated based on the current listing's property type
and located in
Zone 17. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on April 29, 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.