What if your next home came with a built-in mortgage helper? Welcome to this beautifully maintained 1959 character bungalow in Terrace Heights, where timeless charm and pride of ownership meet modern-day opportunity. Nestled on a mature, tree-lined street just steps from Fulton Ravine and Edmonton's river valley trail system, you'll enjoy peaceful surroundings with quick access to downtown, parks, schools, and amenities. What truly sets this home apart is the self-contained basement suite with its own address, offering income potential and flexibility. Whether you're a first-time buyer looking to offset your mortgage, an investor seeking rental income, or a multi-generational family wanting additional living space, this property delivers. Complete with a double garage and updated mechanical systems, you can enjoy peace of mind while benefiting from the flexibility and income potential this home offers.
Courtesy of Brent MacIntosh and Braden Gallotti of REMAX River City
Data was last updated June 5, 2026 at 09:30 PM (UTC)
Area Statistics
Listings on market:
40
Avg list price:
$649,950
Min list price:
$225,000
Max list price:
$2,275,000
Avg days in system:
16
Min days in system:
1
Max days in system:
126
Avg price per sq.ft.:
$435.42
These statistics are generated based on the current listing's property type
and located in
Zone 19. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on June 5, 2026 at 09:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.