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Vermilion,AB T9X 1R7
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 633.0
Square Footage 633 sqft
Price per Sqft $228
Subdivision Vermilion
MLS Listing ID A2236927
Style Bungalow
Bedrooms 3
Full Baths 2
Year Built 1943
Lot Size 6,098 Sqft
Property Sub-Type Detached
Property Description
Discover a cozy and manageable raised bungalow located on a corner lot, right in the middle of schools, shopping, and other everyday conveniences. This practical property offers a great opportunity whether you're a first-time buyer, an investor, or simply looking for an affordable home with income potential. The main floor features two bedrooms, a full bathroom, and convenient in-suite laundry, providing everything you need in a straightforward, functional layout. The basement is set up as a bachelor-style unit with its own private entrance, perfect for a tenant or even extended family. It's a clean and workable space, and was previously rented at $600 per month. The upstairs portion is currently rented at $1,100 per month, giving you a head start on mortgage support. This home will turn you a profit. Whether you decide to live on the main floor with a mortgage helper in the basement or rent out both units, this affordable raised bungalow provides solid income potential in a location that tenants appreciate. If you've been looking to get into real estate investment or need a budget-friendly home with options, this property deserves a look!
Location
Province AB
County 0329
Community Airport/Runway,Fishing,Golf,Lake,Park,Playground,Pool,Schools Nearby,Shopping Nearby,Walking/Bike Paths
Zoning R2 - Residential
Rooms
Basement Separate/Exterior Entry,Finished,Full,Suite
Interior
Interior Features See Remarks
Heating Forced Air
Cooling None
Flooring Laminate
Inclusions NA
Laundry Upper Level
Exterior
Exterior Feature None
Parking Features None
Fence None
Community Features Airport/Runway,Fishing,Golf,Lake,Park,Playground,Pool,Schools Nearby,Shopping Nearby,Walking/Bike Paths
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot,Rectangular Lot
Dwelling Type House
Foundation Poured Concrete
New Construction No