Investor alert! This almost 1300 square foot bungalow offers an incredible opportunity to generate immediate income while adding long-term value through updates and appreciation. Perfectly situated on a quiet cul-de-sac near the river, walking trails, and bike paths, this property combines strong financial potential with a desirable location. The home features a two-bedroom suite built in 2013, ready for tenants and steady cash flow from day one. The main floor includes three bedrooms, one full bathroom, and an ensuite 2 piece bathroom from the primary suite — a spacious layout, ready for renovation or modernization to increase rental rates or create your ideal owner’s suite. With two separate living areas, this property easily functions as a mortgage helper or a full income property. Sitting on a massive pie-shaped lot, the exterior is just as impressive. There’s an oversized heated double garage, additional RV or multi-vehicle parking for up to four cars outside and 2 cars inside the garage, and plenty of street parking. The lot is private and peaceful, with no neighbours behind and surrounded by mature trees — a feature tenants and buyers will love. Recent updates include a stove and refrigerator only two years old. With the main floor ready for renovation and the suite already established, the heavy lifting is almost done — this is your chance to secure a property with instant revenue and long-term upside. Opportunities like this rarely come up in such a prime, quiet location. Whether you choose to live upstairs and rent the suite, renovate for maximum return, or hold as a pure investment, this home checks every box for a smart real estate purchase. Contact me for your private showing today!
Address
8 Mist Road
List Price
$499,900
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
High River
Sub-Area
McLaughlin Meadows
Bedrooms
5
Bathrooms
3
Floor Area
1,276 Sq. Ft.
Lot Size
2083 Sq. Ft.
Year Built
1977
MLS® Number
A2264464
Listing Brokerage
RE/MAX Landan Real Estate
Basement Area
Separate/Exterior Entry, Finished, Full, Suite
Postal Code
T1V 1C4
Zoning
R-2
Site Influences
Treed, Back Yard, Cul-De-Sac, Pie Shaped Lot, Landscaped, Private, Many Trees, Playground, Park, Back Lane, Schools Nearby, Shopping Nearby, Walking/Bike Paths