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2331 71 ST SW
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Edmonton · Single Family · under $550,000 · 2+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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HONEY STOP THE CAR! Amazing family home in the highly sought-after community Lake Community of Summerside! This like new 2-storey home is packed with upgrades and thoughtful features, including a charming front verandah and a bright, open living room with large windows that fill the space with natural light. The OPEN CONCEPT main floor showcases gleaming HARDWOOD and ceramic tile, elegant wood railings, and a stylish kitchen designed for entertaining with tall upgraded cabinetry, crown mouldings, stainless steel appliances, a corner pantry, and a large island. Upstairs you’ll find three spacious bedrooms, including a generous primary suite complete with a walk-in closet and a private 3-piece ensuite. The fully finished DREAM BASEMENT adds incredible extra living space with a full bathroom, ONE OF A KIND GAMING AREA, and comfortable lounge zone perfect for relaxing or hosting guests. Additional highlights include a high-efficiency furnace, hot water tank, and a HUGE LOT. AIR CONDITIONING. (id:65958)
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | — | |
| Bedroom 2 | — | |
| Bedroom 3 | — |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 6, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.