Montrose (Edmonton), Edmonton · MLS® E4509489
42
824 sq ft · 383 m² lot · House · Single Family · built 1954 · 36 days on market
listed by Ian Elliott, Exp Realty
INVESTORS, TAKE NOTE! An affordable opportunity to own an extensively remodeled 4-bedroom property with a LEGAL basement suite and the rare advantage of separately metered utilities for each level. Generate rental income from two self-contained living spaces while keeping utility expenses separately accounted for. Ideally located close to Concordia University, Northlands, and Downtown, offering excellent tenant appeal and convenience. Each level features 2 bedrooms, a spacious living room, a well-sized kitchen with built-in dishwasher, and an updated bathroom. Upgrades include siding, windows, exterior improvements, and on-demand hot water. Large rear entry provides additional usable space, including a bonus area on the lower level. An affordable, income-producing investment with two legal living spaces and strong rental potential. An opportunity to add value and rental income to your portfolio!
20% down at 4.34% fixed (Ratehub.ca), 25 years.
Catchment schools, Edmonton Public Schools
24574.3 km away · 11509 - 62 Street NW, Edmonton · (780) 479-4206 · website
24574.3 km away · 11509 - 62 Street NW, Edmonton · (780) 479-4206 · website
24574.5 km away · 11430 - 68 Street NW, Edmonton · (780) 479-1991 · website
From the Edmonton Public Schools's published catchment maps (2021, the latest published). A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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Rapid transit: Coliseum LRT station, 500 m (about 8 min walk); Stadium LRT station, 1.9 km (about 29 min walk).
$269,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $269,000 |
| 2025 | $235,500 |
| 2024 | $211,000 |
| 2023 | $223,500 |
| 2022 | $218,500 |
| 2021 | $212,500 |
| 2020 | $217,000 |
| 2019 | $234,500 |
From City of Edmonton open data (property assessments), matched to 11841 71 STREET NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,788 a year
The 2026 assessment times Edmonton's 2026 residential rate of 10.36 per $1,000 (municipal and education).
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Rapid transit: Coliseum LRT station, 500 m (about 8 min walk); Stadium LRT station, 1.9 km (about 29 min walk).
Walkability 85/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 4 places to eat or drink, 1 cafe, 7 parks and playgrounds, 2 schools, 1 pharmacy, 30 transit stops.
mihom score from OpenStreetMap places, by straight line distance.