10507 131 Street, Edmonton
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Location Location Location, the first rule of Real Estate & this beautiful home in desirable Glenora has it all. Many improvements happening in the area which will boost this home’s value & appeal once they are complete. Many improvements to the home as well, both inside & out. As you enter, you are greeted with a beautiful curved staircase highlighting just some of the quality workmanship in this custom home. Living room features 18ft ceiling & wood burning fireplace. Formal dining room suit entertaining or large family gatherings while there is another eating area just by the kitchen, perfect for breakfast & morning coffee as it faces East looking over your new deck & back yard. Home office or bedroom? Your choice as there is full washroom on the main level. Upstairs you have 3 bedrooms, each with their own en-suite. Owner en-suite is the most lavish with heated floors, large shower & a beautiful curved bath tub which looks so inviting. Totalling 5 beds, 5 baths and 5000sqft living space.


GOOD TO KNOW FEATURES OF THIS HOME:
 
Goods Included: Air Conditioning-Central, Alarm/Security System, Dishwasher-Built-In, Dryer, Garage Control, Garage Opener, Oven-Built-In, Oven-Microwave, Refrigerator, Stove-Countertop Electric, Vacuum System Attachments, Vacuum Systems, Washer, Window Coverings, Irrigation System, Basement Refrigerator.
 
Did you know this home has:
Sprinkler system,
Back up generator,
2 Hot water tanks,
2 Furnaces,
Heated Garage,
3370 SqFt Above Grade and an additional 1600 SqFt when you include the basement making a grand total close to 5000 square feet.
 
Seller spent approx $125k on Recent Renovations Including:
Garage door and motor 2021,
Air-Conditioner 2022,
Master Suite and En-Suite 2022,
Two Upstairs bathrooms 2022,
New dishwasher in 2023,
New deck 2023,
Irrigation panel 2023,
Basement development 2023,
Landscaping 2023,
Security System 2024.

Asking Price
$

Down Payment
%  
$   128000

Interest Rate
%  

Amortization
yrs

Monthly Payment
$ 6805.55

CMHC Fee 3.1 %  
$ 204.62

More Options   
Rent
$   

Appreciation
%    

Property Tax
$    

Insurance
$    

Monthly Utilities
$    


Vacancy
%    

Management
%    
$   0

Maintenance
%    
$   0

Analysis
Cap Rate 0.07 %
Return on Investment-63.11 %
Monthly Cash Flow $ -6732.07

TOTAL ROI
(Principle Reduction, Appreciation, Cash Flow)
1 YR3 YRS5 YRS
-12.05 %-30.28 %-40.13 %