413 3 Street
Strathmore, Alberta T1P1B9

5 beds · 4 baths · 3010 sqft

This unique property in the heart of Strathmore sits on a generous rectangular lot, offering a blend of residential and income-generating potential. The main house is a charming bungalow featuring an open-concept layout with a spacious kitchen and living room, three bright bedrooms, and a well-appointed 4-piece bathroom on the main level. The lower level has been converted into an illegal rental suite, complete with two bedrooms, a cozy living area, a compact kitchen, and a 3-piece bathroom. Attached on the north side of the property, a separate addition was once used as an office. With its own entrance, this space offers versatility and could easily be repurposed as a home office or studio. Attached to this area is a double garage, providing ample parking and storage. Above the office and garage, an additional illegal rental suite awaits. This suite boasts a large bedroom, a spacious family room, a full kitchen, a 4-piece bathroom, and a laundry room, making it a self-contained unit ideal for rental or extended family living. This property offers endless possibilities for both personal use and possible rental income. (id:39198)

Facts & Features

Building Type House, Detached

Year built 1961

Square Footage 3010 sqft

Stories 1

Bedrooms 5

Bathrooms 4

Parking 6

NeighbourhoodDowntown_Strathmore

Land size 557 m2|4,051 - 7,250 sqft

Heating type Forced air

Basement typeFull (Finished)

Parking Type Attached Garage

Time on REALTOR.ca1 day

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: TREC The Real Estate Company

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Home price

$484,900

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$4,411 / month

Rent $3,901

Savings $510

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$3,887 / month

Rent $3,781

Savings $106

Initial deposit 5%

Savings target Fixed at 5%