Investor alert! This almost 1300 square foot bungalow offers an incredible opportunity to generate immediate income while adding long-term value through updates and appreciation. Perfectly situated on a quiet cul-de-sac near the river, walking trails, and bike paths, this property combines strong financial potential with a desirable location. The home features a two-bedroom illegal suite built in 2013, ready for tenants and steady cash flow from day one. The main floor includes three bedrooms, one full bathroom, and an ensuite 2 piece bathroom from the primary suite ? a spacious layout, ready for renovation or modernization to increase rental rates or create your ideal owner?s suite. With two separate living areas, this property easily functions as a mortgage helper or a full income property. Sitting on a massive pie-shaped lot, the exterior is just as impressive. There?s an oversized heated double garage, additional RV or multi-vehicle parking for up to four cars outside and 2 cars inside the garage, and plenty of street parking. The lot is private and peaceful, with no neighbours behind and surrounded by mature trees ? a feature tenants and buyers will love. Recent updates include a stove and refrigerator only two years old. With the main floor ready for renovation and the suite already established, the heavy lifting is almost done ? this is your chance to secure a property with instant revenue and long-term upside. Opportunities like this rarely come up in such a prime, quiet location. Whether you choose to live upstairs and rent the suite, renovate for maximum return, or hold as a pure investment, this home checks every box for a smart real estate purchase. Contact me for your private showing today!
Listing Information
- Prop. Type:
- Detached
- Property Style:
- Bungalow
- Status:
- Active
- City:
- High River
- Bedrooms:
- 5
- Full Bathrooms:
- 3
- Neighbourhood:
- McLaughlin Meadows
- Area:
- Foothills County
- Province:
- Alberta
- MLS® Number:
- A2264464
- Listing Price:
- $499,900
General Information
- Year Built:
- 1977
- Total Square Feet:
- 1276ft2
Additional Information
- Basement Dev:
- Full
- Parking:
- Double Garage Detached
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.