See More of 10619 81 St NW
Exclusive Details
Location
City: Edmonton
Community: Forest Heights
Characteristics
Year: 1988
Building Type: Detached Single Family
Style: Bi-Level
Size (Above Grade): 1.095.67 sq. ft.
Efficient 2 Bedroom Suites on Both Floors
Forest Heights a Key Location
Invest into the Strongest Locations
Located in Forest Heights, this location offers strong investment potential in one of Edmonton’s most rapidly evolving neighbourhoods.
Key Elements to this Location:
✅ Steps from Edmonton’s River Valley – Attract high-quality tenants who value active, urban lifestyles.
✅ Minutes to Downtown – A high-demand location for professionals and students.
✅ Easy Access to Transit & Key Roadways – Ensuring strong rental demand and appreciation.
With established infill momentum, Forest Heights is a smart place to invest—where property values continue to rise as redevelopment shapes the future.
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Investment Property Financial Summary
Here are approximate numbers for the financial picture of this property.
Rental Income
✅ Main Floor (2 Bed, 1 Bath): $1,300/month
✅ Basement Suite (2 Bed, 1 Bath): $1,150/month
💰 Total Monthly Rental Income: $2,450
Operating Expenses
💡 Power: $100/month
🔥 Gas: $135/month
🚰 Water: $140/month
🏠 Insurance: $120/month
🏛 Property Tax: $4,725/year ($394/month)
Cash Flow
✅ Total Monthly Rental Income: $2,450
🔻 Total Monthly Expenses: $889
💰 Monthly Net Income: $1,561
*These are approximate values and may vary depending on market fluctuations. Mortgage cost, vacancy and contingency are recommended for any investment.
Exterior
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