5 Beds
2 Baths
958 SqFt
5 Beds
2 Baths
958 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 958.0
Square Footage 958 sqft
Price per Sqft $704
Subdivision Forest Lawn
MLS Listing ID A2324699
Style Bungalow
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1961
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Detached
Property Description
A rare opportunity offering immediate cash flow today and exceptional redevelopment potential for tomorrow. This income-producing property features 5 bedrooms,2 bathrooms,and a legal secondary suite. The main floor offers 3 bedrooms and a beautifully renovated bathroom with subway tile,new tub,vanity,and tile flooring. The updated kitchen features stainless steel appliances and a subway tile backsplash. Many windows have been replaced throughout the home.
The legal lower suite includes 2 spacious bedrooms,large windows,a renovated kitchen with full appliances and ample counter space,an updated bathroom,shared laundry,and additional storage.
Major updates include renovated main floor bathroom,renovated lower suite and kitchen,updated windows,furnace,and a 2021 hot water tank. The property also offers a single detached garage with additional rear parking.
The true value lies in the future potential. This R-CG property comes with a fully approved Development Permit (DP) for a triple detached garage with a suite above. Approved plans are included,allowing you to eliminate entitlement risk,significantly reduce your project timeline,and save thousands in consultant fees and soft costs. Build with confidence using this permit-ready opportunity while generating rental income from day one.
Whether you're looking for a strong cash-flow investment or your next inner-city development project,this is a rare opportunity in a sought-after location with exceptional upside.
Location
Province AB
County Cal Zone E
Community Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Area Cal Zone E
Zoning R-CG
Direction SE
Location Details Suite Attached/Within Primary Dwelling
Rooms
Basement Separate/Exterior Entry, Full, Finished
Guest Accommodations Basement
Interior
Interior Features No Animal Home, Sump Pump(s), Vinyl Windows
Heating Forced Air, Natural Gas
Cooling None
Flooring Carpet, Ceramic Tile, Laminate
Fireplace Yes
Appliance Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Laundry Common Area, In Basement
Exterior
Exterior Feature Private Entrance, Private Yard
Parking Features Single Garage Detached
Garage Spaces 1.0
Fence Fenced
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Roof Type Asphalt Shingle
Porch Patio
Total Parking Spaces 1
Garage Yes
Building
Lot Description Back Lane, Few Trees, Front Yard, Landscaped, Level, Low Maintenance Landscape, Rectangular Lot, Street Lighting
Dwelling Type House
Faces W
Story One
Foundation Poured Concrete
Architectural Style Bungalow
Dwelling Type Suite Attached/Within Primary Dwelling
Level or Stories One
New Construction No
Others
Restrictions None Known
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