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, complete 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.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Negotiable
Suite:
Suite - Illegal
Home Style:
Bi-Level
Total Living Area:
917.17 sq. ft.85.21 m2
Main Level Finished Area:
917.17 sq. ft.85.21 m2
Below Grade Finished Area:
802.06 sq. ft.74.51 m2
Taxes:
$2,498 /
2023
Tax Assessed Value:
373000.0
Lot Area:
8,549 sq. ft.794.23 m2
Lot Frontage:
50'15.24 m
Front Exposure:
West
Levels:
Bi-Level
Total Rooms Above Grade:
4
Year built:
1961
(Age: 63)
Bedrooms:
4
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
2.0
(Full:2, Half:0)
Plan:
2590GU
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate, Linoleum
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, Insulated, Oversized
Parking Places:
4.0
Parking Total/Covered:
4 /
-
Laundry Features:
In Basement, Laundry Room, Main Level, Multiple Locations
Old Town (Airdrie)
Dishwasher, Dryer, Electric Stove, Microwave, Range Hood, Refrigerator, Washer, Window Coverings
Washer, Dryer, Refrigerator, Stove in Basement
None Known
Floor
Type
Size
Other
Main Floor
Living Room
16'4.88 m × 12'4"3.76 m
Main Floor
Kitchen
16'4.88 m × 10'8"3.25 m
Main Floor
Bedroom - Primary
13'6"4.11 m × 9'11"3.02 m
Main Floor
Bedroom
10'8"3.25 m × 10'3.05 m
Main Floor
Laundry
3'.91 m × 3'.91 m
Basement
Family Room
15'4"4.67 m × 11'8"3.56 m
Basement
Kitchen
9'11"3.02 m × 8'11"2.72 m
Basement
Bedroom
12'11"3.94 m × 9'6"2.90 m
Basement
Bedroom
9'11"3.02 m × 9'5"2.87 m
Basement
Furnace/Utility Room
10'4"3.15 m × 10'2"3.10 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
6'6" x 7'2"
Basement
No
4
6'5" x 6'5"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Built-in Features
Exterior Features:
Fire Pit
Patio And Porch Features:
Deck, Front Porch, Side Porch
Lot Features:
Back Lane, Back Yard, Corner Lot, Landscaped, Private, Rectangular Lot, Treed
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