Signature Home Renovations

“Pre-Foreclosure Duplex Bargain in Chappelle…$20,000 Below Appraised Value, and $57,000 Below Repaired Value!”


1721 Chapman Way SW T6W 0Y6

Have you been looking to pick up a property that you can put some sweat equity into? Or a property where you can do a quick fix and flip? Or an addition to your rental portfolio? If so, this foreclosure bargain may be the deal for you! The home does need a little bit of work, but not that much!

With 1291 square feet, 3 bedrooms, 2.5 baths, and a single attached garage, this entry level home has it all.

Enter through the front door, just off the living and dining room. The kitchen is conveniently located just off the dining and living room. Cook up meals in your kitchen and serve them in your spacious dining/living room, then relax in the living room for after dinner entertaining. The kitchen also has quartz counters, and the home has a luxury feel, with solid maple hardwood, and oversize porcelain tile.

The open design of the main level is airy and spacious!!! The kitchen, dining room and living room are all connected. There is also a half bath on the main level.

The upper level has 3 bedrooms and 2 full bathrooms including an ensuite off the master bedroom. The laundry is conveniently located on the upper level as well.

No more running out to scrape windows or getting into a cold car…the home has a single attached garage.

Location, Location, Location…the home is conveniently located just off Chapelle Boulevard. It is within minutes of: Ellerslie Road and Anthony Henday Drive…putting you within easy access of any area of Edmonton! It is also within minutes of the shopping centers off Ellerslie Road and South Edmonton Common. It is within minutes of Donald R Getty school and also within walking distance of Creekwood Park.

The purchase price of this home is $258,000. It has a recent appraisal of $275,000 (the appraisal was done on December 29, 2018). The lowest Sold Price in Chappelle in the last 12 months was $313,500 with most selling between $317,000 and $340,000.

The home needs a maximum of $20,000 to put it into top show home condition. Once this was done, the property, in this market, would sell quickly between $305,000 and $319,000 giving you between $27,000 and $41,000 in equity or profit!

If you would like to view, or like to see the appraisal, call Janet at 780-483-2006 or Roman at 780-484-4486.

“Don’t Delay, Call Now… This Amazing Pre Foreclosure Duplex Bargain Won’t Last Long!!!