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Edmonton · Single Family · under $150,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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#510 10024 JASPER AV NW
INVESTORS and Short-Term rental entrepreneurs! Seize the rare chance to own a proven high performing TURNKEY AIRBNB in a pet friendly, short term rental approved building. This GUEST FAVOURITE loft, boasting over 250+ 4.9/5 star reviews is a cash flowing machine ready for you to step in and profit!! Unique layout sleep up to 6 guests at a time maximizing rental income. Cash flow as high as 300% monthly in busy season! Polished concrete floors, in-suite laundry, stainless steel appliances, granite countertops, 10' ceilings and to top it off this unit is being sold FULLY FURNISHED. Move-in ready with stylish furniture, chic decor and all supplies included - zero setup costs or hassle. DIRECT LRT ACCESS through the Building. Quick ride to the University of Alberta, MacEwan, NAIT or the Parliament Buildings. Enjoy all Edmonton has to offer being steps away from all the best restaurants, bars, theatres, cafes, Rogers Place, shops, the river valley and much more! Experience the ultimate urban lifestyle! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 3.34 × 3.37 meters | |
| Dining room | 2.38 × 1.94 meters | |
| Kitchen | 1.63 × 3.33 meters | |
| Primary Bedroom | 2.27 × 3.28 meters |
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).
Cash on cash
21.03%
Cap rate
9.07%
GRM
8.0
Break-even rent
$902
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
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 Jun 25, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.