Property Details

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Featured in:

Winners:

8 Mist Road
High River (A2264464)

$499,900
5
2+1
1,276 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

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!

Property details

Basic Info

MLS® #
A2264464
Property Type:
Residential
Subtype:
Detached
Subdivision:
McLaughlin Meadows
Price
$499,900
Sale/Lease:
For Sale
Size:
1,276 sq.ft.
Bedrooms:
5
Bathrooms:
2 full / 1 half
Year Built:
1977 (48 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Double Garage Detached
Fence:
Fenced
Basement:
Finished, Full, Separate/Exterior Entry, Suite
Features:
Closet Organizers, Pantry, Separate Entrance, Storage, Walk-In Closet(s)
Fireplaces:
1
Inclusions:
Refrigerator, stove, washer and dryer in basement
Appliances:
Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Laundry:
In Basement
Exterior Features:
Private Yard, Storage
Patio/Porch Features:
Deck, Front Porch

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths

Lot / Land Info

Lot Size:
0.05 acres
Lot Features:
Back Lane, Back Yard, Cul-De-Sac, Landscaped, Many Trees, Pie Shaped Lot, Private, Treed
Zoning:
R-2

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Brick,Stucco,Wood Frame
Floors:
Carpet, Laminate, Linoleum
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths

Listing Info

Possession:
15 Days / Neg,Immediate
Days on Market:
1
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Grassroots Realty Group Ltd.
1-833-477-6687

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