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Pina Marrella

info@pinarealestate.com +1(416) 909-1969

$439,900

Est. payment - /mo

5 Beds

3 Baths

1,581 SqFt

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1581

Square Footage 1,581 sqft

Price per Sqft $278

Subdivision Lac La Biche

MLS® Listing ID A2282290

Style Bungalow

Bedrooms 5

Year Built 1952

Lot Size 10,397 Sqft

Acres 10397.0

Property Sub-Type Freehold

Property Description

Excellent investment opportunity in the heart of Lac La Biche! Located at 9119 100 Street, this well-maintained revenue property is ideally situated close to Portage College and the hospital, making it highly desirable for tenants. The upper-level unit features 3 bedrooms, including an oversized primary bedroom complete with a spacious walk-in closet and a beautifully appointed 4-piece ensuite with soaker tub. Bamboo flooring runs throughout, complementing the bright kitchen and the comfortable living and dining areas. The upper unit also enjoys exclusive use of a generous, fenced backyard with mature trees, a 25' x 10' deck accessed through a patio door, rear alley access, and access to the garage. The basement contains two additional (legal) self-contained rental units, each with a private entrance and their own laundry. One unit offers approximately 600 sq. ft. of living space with 1 bedroom, while the third unit is also a nicely appointed 1-bedroom legal suite. With three independent units, strong tenant demand, and a cap rate of approximately 8%, this property offers excellent cash-flow potential. Current tenants are happy to stay, making this a turnkey investment you won't want to miss. (id:24570)

Location

Province AB

Rooms

Kitchen 1.0

Extra Room 1 Basement 15.00 Ft x 15.00 Ft Eat in kitchen

Extra Room 2 Basement 5.00 Ft x 4.92 Ft 3pc Bathroom

Extra Room 3 Basement 11.25 Ft x 8.50 Ft Bedroom

Extra Room 4 Basement 8.67 Ft x 12.17 Ft Bedroom

Extra Room 5 Basement 8.75 Ft x 9.00 Ft Laundry room

Extra Room 6 Main level 15.67 Ft x 13.67 Ft Primary Bedroom

Interior

Heating Forced air

Cooling None

Flooring Marble/Granite/Quartz, Hardwood, Linoleum

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Fence

View Y/N No

Attached Garage No

Total Parking Spaces 5

Garage Yes

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by People 1st Realty

Nearby Locations

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Pina Marrella

+1(416) 909-1969

Agent

9119 100 Street Lac La Biche, AB T0A2C0

Pina Marrella

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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9119 100 Street