NEW LISTING<
NEW LISTING
5626 50a Avenue
Downtown, Yellowknife
Fully Rented Income Property in the Downtown
$699,900
Discover an excellent investment opportunity with this charming home, converted into two separate non-conforming suites and currently fully rented. With strong rental income, the property delivers an impressive 9.5% cap rate. Conveniently located within walking distance to downtown, it offers both steady income and long-term appeal for tenants.
The upper suite features a spacious 4-bedroom, 2-bathroom layout with its own laundry. The kitchen stands out with stylish two-tone cabinetry, a farmhouse sink, and stainless steel appliances—creating a modern and welcoming space.
The lower suite offers 3 bedrooms and 1 bathroom, highlighted by a cozy pellet stove that adds comfort and supplemental heat during the winter. Like the upper level, it has been updated with matching finishes in both the kitchen and bathroom, providing a cohesive aesthetic throughout. This suite also includes its own in-suite laundry located in the mechanical room.
As an added bonus, the sale includes most of the home’s furniture, with an itemized list to be provided to interested buyers.
Included items: Fridge x2, Stove x2, Dishwasher x2, Washer x2, Dryer x2, Curtains, Additional Furniture
Bedrooms: 7
Bathrooms: 3
Square Feet: 1,150
Lot Size: 5,626SqFt
Year Built: 1971
| MLS®: | 6477 |
| Full Baths: | 3 |
| Fireplaces: | Pellet Stove |
| Basement: | Finsihed |
| Rental Restriction: | 7 Bedrooms Rented ($7350/month) |
| Type: | House |
| Heating: | Forced Furnace |
| Square Feet: | 1,150 |
| Year Built: | 1971 |
| Rental Suite: | Non conforming Basement Suite |
| Bedrooms: | 7 |
| Fuel Type: | Oil ($5400/Year) |
| Lot Size: | 5,626SqFt |
| Style: | Single Family Detached |
| Bathrooms: | 3 |
| Taxes: | $3,519.70 for 2025 |
| Parking: | Double Tandem Paved |
| Construction: | Stick Built |
| MLS®: | 6477 |
| Type: | House |
| Bedrooms: | 7 |
| Bathrooms: | 3 |
| Full Baths: | 3 |
| Heating: | Forced Furnace |
| Fuel Type: | Oil ($5400/Year) |
| Taxes: | $3,519.70 for 2025 |
| Fireplaces: | Pellet Stove |
| Square Feet: | 1,150 |
| Lot Size: | 5,626SqFt |
| Parking: | Double Tandem Paved |
| Basement: | Finsihed |
| Year Built: | 1971 |
| Style: | Single Family Detached |
| Construction: | Stick Built |
| Rental Restriction: | 7 Bedrooms Rented ($7350/month) |
| Rental Suite: | Non conforming Basement Suite |
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5626 50a Avenue
Downtown, Yellowknife
$699,900
| MLS®: | 6477 |
| Bedrooms: | 7 |
| Full Baths: | 3 |
| Fuel Type: | Oil ($5400/Year) |
| Fireplaces: | Pellet Stove |
| Lot Size: | 5,626SqFt |
| Basement: | Finsihed |
| Style: | Single Family Detached |
| Rental Restriction: | 7 Bedrooms Rented ($7350/month) |
| Type: | House |
| Bathrooms: | 3 |
| Heating: | Forced Furnace |
| Taxes: | $3,519.70 for 2025 |
| Square Feet: | 1,150 |
| Parking: | Double Tandem Paved |
| Year Built: | 1971 |
| Construction: | Stick Built |
| Rental Suite: | Non conforming Basement Suite |
Dwayne Simmons
Salesperson
867-445-8380
https:www.century21yk.ca
5124 48 Street
Yellowknife, NT X1A 1N6
Not intended to solicit properties currently listed for sale or buyers under contract.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. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and indentify the quality of services provided by real estate professionals who are members of CREA. Used under license. Independently Owned and Operated. ®/ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2016 Century 21 Canada Limited Partnership
About This Property
Discover an excellent investment opportunity with this charming home, converted into two separate non-conforming suites and currently fully rented. With strong rental income, the property delivers an impressive 9.5% cap rate. Conveniently located within walking distance to downtown, it offers both steady income and long-term appeal for tenants.
The upper suite features a spacious 4-bedroom, 2-bathroom layout with its own laundry. The kitchen stands out with stylish two-tone cabinetry, a farmhouse sink, and stainless steel appliances—creating a modern and welcoming space.
The lower suite offers 3 bedrooms and 1 bathroom, highlighted by a cozy pellet stove that adds comfort and supplemental heat during the winter. Like the upper level, it has been updated with matching finishes in both the kitchen and bathroom, providing a cohesive aesthetic throughout. This suite also includes its own in-suite laundry located in the mechanical room.
As an added bonus, the sale includes most of the home’s furniture, with an itemized list to be provided to interested buyers.
Included items: Fridge x2, Stove x2, Dishwasher x2, Washer x2, Dryer x2, Curtains, Additional Furniture
5124 48 Street
Yellowknife, NT X1A 1N6
Not intended to solicit properties currently listed for sale or buyers under contract.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. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and indentify the quality of services provided by real estate professionals who are members of CREA. Used under license. Independently Owned and Operated. ®/ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2016 Century 21 Canada Limited Partnership
Adrian Bell is the Designated Representative for the Agent, Century 21 Prospect Realty.
BRIXWORK Real Estate Marketing Inc. All rights reserved.
