Courtesy of Manveer S Maan of Century 21 All Stars Realty Ltd

34 decoteau Drive
Zone 53 Edmonton T6X 1A4

$2,650,000
Single Family beds: 7 baths: 5.0 6,060 sq. ft. built: 2023

Main Photo: 34 decoteau Drive in Edmonton: Zone 53 House Fourplex for sale : MLS®# E4359231
Photo 1: 34 decoteau Drive in Edmonton: Zone 53 House Fourplex for sale : MLS®# E4359231
Photo 2: 34 decoteau Drive in Edmonton: Zone 53 House Fourplex for sale : MLS®# E4359231
Photo 3: 34 decoteau Drive in Edmonton: Zone 53 House Fourplex for sale : MLS®# E4359231
Photo 4: 34 decoteau Drive in Edmonton: Zone 53 House Fourplex for sale : MLS®# E4359231
Photo 5: 34 decoteau Drive in Edmonton: Zone 53 House Fourplex for sale : MLS®# E4359231
Photo 6: 34 decoteau Drive in Edmonton: Zone 53 House Fourplex for sale : MLS®# E4359231
Photo 7: 34 decoteau Drive in Edmonton: Zone 53 House Fourplex for sale : MLS®# E4359231
Photo 8: 34 decoteau Drive in Edmonton: Zone 53 House Fourplex for sale : MLS®# E4359231
Photo 9: 34 decoteau Drive in Edmonton: Zone 53 House Fourplex for sale : MLS®# E4359231
Status:
Active
Prop. Type:
Single Family
MLS® Num:
E4359231
Bedrooms:
7
Bathrooms:
5
Year Built:
2023
Alberta is calling, so is this investment. 20 BEDROOMS+, 12 seperate LEGAL rental units and all with NO CONDO FEE. Each individual unit is designed to maximize returns and offers a unique blend of luxury finishes/features. These spacious homes consist of a main living area with 3 BED and 2.5 BATH, providing comfortable living spaces for residents. What sets these properties apart is the inclusion of a separate 2-bedroom legal basement suite, adding significant rental income potential to your investment. Additionally, there's a garden suite perched atop the detached double garage, offering even more versatility and rental income possibilities. And all this times 4 units. This investment opportunity boasts an estimated 7% cap rate, making it an attractive choice for both first-time homebuyers and savvy investors. It promises to be a cashflow-positive investment in one of the most sought-after areas in southeast Edmonton. Don't miss out on the chance to capitalize on this prime real estate offering.
Property Type:
Single Family
Dwelling Type:
4Plex
Home Style:
2 Storey
Total Floor Area:
6,060.13 sq. ft.
Price Per SqFt:
437.28
Finished Levels:
3.0
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Separate Entrance:
Yes
Lot Shape:
Rectangular
Front Exposure:
West
Grade Level Entry:
No
Total Rooms Above Grade:
9
Year built:
2023 (Age: 0)
Bedrooms:
7 (Above Grd: 7)
Bathrooms:
5.0 (Full:4, Half:1)
Plan:
-
Heating:
Forced Air-2
Heating Source:
Natural Gas
Construction:
Wood Frame
Foundation:
Concrete
Basement:
Full
Basement:
Full, Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Carpet, Non-Ceramic Tile, Vinyl Plank
Parking:
Double Garage Detached, On Street
Road Access:
Paved
Exterior Finish:
Stone, Vinyl
Floor
Type
Size
Other
Upper Level(s)
Master Bedroom
0 × 0
-
Upper Level(s)
Bedroom
0 × 0
-
Upper Level(s)
Bedroom
0 × 0
-
Upper Level(s)
Bedroom
0 × 0
-
Main
Living Room
0 × 0
-
Main
Kitchen
0 × 0
-
Upper Level(s)
Bedroom
0 × 0
-
Upper Level(s)
Bedroom
0 × 0
-
Upper Level(s)
Bedroom
0 × 0
-
Basement
Second Kitchen
0 × 0
-
Basement
Second Kitchen
0 × 0
-
Basement
Second Kitchen
0 × 0
-
Floor
Ensuite
Pieces
Other
-
-
4
-
-
5
-
-
2
-
-
4
-
-
3
Ensuite Bath
Decoteau North
Alces
See Remarks
Dishwasher-Built-In, Dryer, Garage Control, Garage Opener, Oven-Microwave, Refrigerator, Stove-Electric, Washer, Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two, Dishwasher-Two, Microwave Hood Fan-Two
Restrictions:
None Known
Title to Land:
Freehold
LINC Number:
4444401215
Days On Website:
76 day(s)
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  • Photo 9: 34 decoteau Drive in Edmonton: Zone 53 House Fourplex for sale : MLS®# E4359231
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Data was last updated December 6, 2023 at 06:30 AM (UTC)
Area Statistics
Listings on market:
131
Avg list price:
$550,000
Min list price:
$305,000
Max list price:
$9,500,000
Avg days on market:
44
Min days on market:
1
Max days on market:
322
Avg price per sq.ft.:
$294.45
These statistics are generated based on the current listing's property type and located in Zone 53. Average values are derived using median calculations.
Copyright 2023 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.