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$289,000

407 1 Avenue NW

Sundre, Alberta

3 bed·3 bath·Semi-Detached·MLS® A2334603·8h ago

About this home

INVESTOR ALERT! Or stop renting with an affordable family home.Rare opportunity to purchase one—or both—of these well-maintained side-by-side properties, located just minutes from downtown Sundre! Listed separately, each property offers an excellent opportunity on its own, while purchasing both creates a unique investment package with tremendous flexibility.The owner-occupied side has seen significant upgrades, including a new kitchen, air conditioning, substantially replaced plumbing, and new windows currently on order. The basement is ready for future development, providing an opportunity to add additional living space and value. This side features 3 bedrooms and 1.5 bathrooms.The tenant-occupied side is in excellent condition and features 4 bedrooms, a full bathroom and a 2-piece bathroom, plus a developed basement and additional space from the mudroom/storage additions. The basement is ready for a shower to be added, offering the potential to create an additional full bathroom.Both properties feature south-facing backyards with decks, lawns and plenty of room for gardens or landscaping. There is space to build a garage on each side, while currently offering ample parking for more than three vehicles per property.Looking for an affordable home instead of paying rent? Skip renting and build equity in your own home. Live in one side and rent the other, purchase one as an investment, or take advantage of the opportunity to own both properties and build your rental portfolio.With strong rental demand and no rental vacancies in Sundre, this is an opportunity that deserves attention from investors and homebuyers alike.Both properties are individual 3,737 sq. ft. R-2 residential lots.Listed separately. Buy one—or take advantage of this rare opportunity to purchase both!Investor alert. Affordable homeownership. Rental income. Long-term potential. All just minutes from downtown Sundre. (id:66681)

Property details

Bedrooms
3
Bathrooms
3
Half baths
2
Year built
1992
Property type
Residential
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer
Nearby amenities
Golf Course Development
Parking
Parking Pad, RV (3)
Zoning
R-2
MLS®
A2334603
Days on market
0

Location

Listing information last updated 8h ago. Provided by the listing brokeragevia CREA’s DDF®, deemed reliable but not guaranteed accurate.

Mortgage estimate

Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.

Down payment

$57,800 (20%)

Base loan amount$231,200

$1,410 / month

First payment: $1,046 interest, $364 principal