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Property Description

Excellent investment opportunity in the heart of Lac La Biche! Located at 9119 100 Street, this well-maintained revenue property is ideally situated close to Portage College and the hospital, making it highly desirable for tenants. The upper-level unit features 3 bedrooms, including an oversized primary bedroom complete with a spacious walk-in closet and a beautifully appointed 4-piece ensuite with soaker tub. Bamboo flooring runs throughout, complementing the bright kitchen and the comfortable living and dining areas. The upper unit also enjoys exclusive use of a generous, fenced backyard with mature trees, a 25’ x 10’ deck accessed through a patio door, rear alley access, and access to the garage. The basement contains two additional (legal) self-contained rental units, each with a private entrance and their own laundry. One unit offers approximately 600 sq. ft. of living space with 1 bedroom, while the third unit is also a nicely appointed 1-bedroom legal suite. With three independent units, strong tenant demand, and a cap rate of approximately 8%, this property offers excellent cash-flow potential. Current tenants are happy to stay, making this a turnkey investment you won’t want to miss.

Features
: Forced Air
: Full
: Fenced
: Deck
: Off Street, Double Garage Detached
: Dishwasher, Tankless Water Heater, Electric Stove, Built-in Refrigerator, Washer/dryer Stacked
: Private Yard, Private Entrance, Storage
: No Animal Home, Open Floorplan, Pantry, See Remarks, Separate Entrance
: Playground, Schools Nearby, Street Lights, Walking/bike Paths
: Multiple Locations
: Back Yard, Backs On To Park/green Space, Level, Back Lane, Few Trees, Front Yard
Address Map
Alberta
Lac La Biche County
Lac La Biche
T0A 2C0
100
9119
Street
0
W112° 1' 41.8''
N54° 45' 50.5''
: Lac La Biche
9119 100 Street
S
MLS Addon
FMSELLDIR

Residential For Sale

9119 100 Street, Lac La Biche, Alberta T0A 2C0

5 Bedrooms
3 Bathrooms
1,581 Sqft
Visits : 3 in 18 days
$439,900
Listing ID #A2282290
Basic Details
Property Type : Residential
Property Sub Type : Detached
Listing Type : For Sale
Listing ID : A2282290
Price : $439,900
Bedrooms : 5
Bathrooms : 3
Half Bathrooms : 0
Square Footage : 1,581 Sqft
Year Built : 1952
Lot Area : 0.24 Acre
Status : Active
Days On Market : 143
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