4 Bedroom
2 Bathroom
917.17 sqft
Bi-Level
Fireplace
None
Forced Air
Landscaped
$525,000
This charming property in central Airdrie offers an exceptional investment opportunity with its expansive lot size, prime location, and potential for dual rental incomes. With recent updates enhancing its appeal, it's an ideal choice for both first-time homebuyers looking to offset their mortgage expenses and investors seeking lucrative rental opportunities.Located in The Village, one of Airdrie's most coveted communities, this property offers a blend of historical charm and modern convenience. Characterized by Airdrie's oldest heritage homes alongside many new builds, The Village presents a diverse architectural landscape. Notably, its prime location ensures quick access to Deerfoot Trail, granting residents seamless connectivity to Calgary's city center within a mere 22-minute drive, free from traffic lights. Additionally, the property enjoys centrality within Airdrie, with all essential amenities just a stroll away. Nestled opposite a baseball diamond and a children's park, and conveniently adjacent to Airdrie’s Tri-Schools, this location offers a blend of recreational and educational advantages all within walking distance. Occupying an expansive lot spanning half a block, this property offers ample outdoor space rarely found in urban settings. The south end of the property showcases a massive fully fenced yard and a secondary fenced area on the east side ideal for a dog run. Furthermore, there's an open yard space extending to the alley, providing flexibility for extra parking and gardening, or the possibility to establish distinct yards for both upper and lower-level residents. Being a corner lot with only one neighbor and a welcoming community atmosphere, residents enjoy ample parking, a sense of privacy, and neighborly camaraderie. The residence itself comprises a bi-level layout, boasting vaulted ceilings on the upper level and large windows in the basement, ensuring ample natural light throughout. Notably, the basement accommodates an illegal suite, complet e with separate entrances, laundry facilities, thermostats, kitchens, and living areas. Completing the ensemble is an oversized double garage equipped with both gas and electricity, providing secure parking and additional storage space. Notable updates include, new shingles on the house and garage, paint, and upgraded flooring, ensuring the property's structural integrity and aesthetic appeal. With a history of generating $3,900 in monthly rental income, this property presents an enticing opportunity for investors seeking dual rental incomes in a burgeoning locale. Similarly, first-time homebuyers can capitalize on the rental income to offset mortgage expenses, making this property a viable investment and residential option for various buyer profiles. (id:38235)
Property Details
MLS® Number
|
A2128972 |
Property Type
|
Single Family |
Community Name
|
Old Town |
Amenities Near By
|
Park, Playground |
Features
|
Treed, Back Lane |
Parking Space Total
|
4 |
Plan
|
2590gu |
Structure
|
Deck |
Building
Bathroom Total
|
2 |
Bedrooms Above Ground
|
2 |
Bedrooms Below Ground
|
2 |
Bedrooms Total
|
4 |
Appliances
|
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Window Coverings |
Architectural Style
|
Bi-level |
Basement Development
|
Finished |
Basement Type
|
Full (finished) |
Constructed Date
|
1961 |
Construction Material
|
Wood Frame |
Construction Style Attachment
|
Detached |
Cooling Type
|
None |
Exterior Finish
|
Vinyl Siding |
Fireplace Present
|
Yes |
Fireplace Total
|
1 |
Flooring Type
|
Carpeted, Laminate, Linoleum |
Foundation Type
|
Poured Concrete |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Size Interior
|
917.17 Sqft |
Total Finished Area
|
917.17 Sqft |
Type
|
House |
Parking
Detached Garage
|
2 |
Oversize
|
|
Land
Acreage
|
No |
Fence Type
|
Fence |
Land Amenities
|
Park, Playground |
Landscape Features
|
Landscaped |
Size Depth
|
52.13 M |
Size Frontage
|
15.24 M |
Size Irregular
|
794.30 |
Size Total
|
794.3 M2|7,251 - 10,889 Sqft |
Size Total Text
|
794.3 M2|7,251 - 10,889 Sqft |
Zoning Description
|
R1-v |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Basement |
Family Room |
|
|
15.33 Ft x 11.67 Ft |
Basement |
Kitchen |
|
|
9.92 Ft x 8.92 Ft |
Basement |
Bedroom |
|
|
12.92 Ft x 9.50 Ft |
Basement |
Bedroom |
|
|
9.92 Ft x 9.42 Ft |
Basement |
4pc Bathroom |
|
|
6.42 Ft x 6.42 Ft |
Basement |
Furnace |
|
|
10.33 Ft x 10.17 Ft |
Main Level |
Living Room |
|
|
16.00 Ft x 12.33 Ft |
Main Level |
Kitchen |
|
|
16.00 Ft x 10.67 Ft |
Main Level |
Primary Bedroom |
|
|
13.50 Ft x 9.92 Ft |
Main Level |
Bedroom |
|
|
10.67 Ft x 10.00 Ft |
Main Level |
Laundry Room |
|
|
3.00 Ft x 3.00 Ft |
Main Level |
4pc Bathroom |
|
|
7.17 Ft x 6.50 Ft |
https://www.realtor.ca/real-estate/26868567/405-1-avenue-ne-airdrie-old-town