About 224 Lee Ridge Road
Prime Income Property with Triple Revenue Streams! Investors, take note—this new build Bungalow on a rezoned neighbourhood offers an incredible opportunity to maximize returns with three separate income-generating units. Whether you're looking for a steady rental portfolio addition or a house to live in while your rentals cover some of your mortgage costs, this property delivers on all fronts. Located in an area undergoing transformation, this home is surrounded by more affordable properties, making it an enticing buy in a neighbourhood poised for growth. This is the perfect chance to secure a high-performance asset in an evolving market. Don't miss out—your next profitable investment starts here!
Features of 224 Lee Ridge Road
| MLS® # | E4421111 |
|---|---|
| Price | $769,900 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 1,581 |
| Acres | 0.00 |
| Year Built | 2024 |
| Type | Single Family |
| Sub-Type | Detached Single Family |
| Style | Bungalow |
| Status | Active |
Community Information
| Address | 224 Lee Ridge Road |
|---|---|
| Area | Edmonton |
| Subdivision | Lee Ridge |
| City | Edmonton |
| County | ALBERTA |
| Province | AB |
| Postal Code | T6K 0N3 |
Amenities
| Amenities | Ceiling 10 ft., Ceiling 9 ft., Hot Water Instant, No Animal Home, No Smoking Home, Vinyl Windows |
|---|---|
| Parking Spaces | 6 |
| Parking | Double Garage Attached, Parking Pad Cement/Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | ensuite bathroom |
|---|---|
| Appliances | Hood Fan, Oven-Built-In, Oven-Microwave, Stove-Countertop Electric |
| Heating | Forced Air-2, Natural Gas |
| Fireplace | No |
| Stories | 2 |
| Has Suite | Yes |
| Has Basement | Yes |
| Basement | Full, Finished |
Exterior
| Exterior | Wood, Vinyl |
|---|---|
| Exterior Features | Flat Site, No Back Lane, Public Transportation, Schools, Shopping Nearby |
| Roof | Asphalt Shingles |
| Construction | Wood, Vinyl |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Lee Ridge School |
|---|---|
| Middle | Kate Chegwin |
| High | J. Percy Page |
Additional Information
| Date Listed | February 11th, 2025 |
|---|---|
| Days on Market | 96 |
| Zoning | Zone 29 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Office | Courtesy Of Enrique Antuma Of RE/MAX River City |
|---|