$505,000
$499,900
1.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Mist RD High River, AB T1V 1C4
5 Beds
3 Baths
1,276 SqFt
Key Details
Sold Price $505,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,276 sqft
Price per Sqft $395
Subdivision Mclaughlin Meadows
MLS® Listing ID A2264464
Style Bungalow
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1977
Annual Tax Amount $3,451
Tax Year 2025
Lot Size 2,083 Sqft
Property Sub-Type Detached
Property 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 illegal 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!
Location
Province AB
County Foothills County
Zoning R-2
Rooms
Other Rooms 1
Interior
Heating Forced Air
Cooling None
Flooring Carpet, Laminate, Linoleum
Fireplaces Number 1
Fireplaces Type Family Room, Wood Burning
Laundry In Basement
Exterior
Parking Features Double Garage Detached
Garage Spaces 2.0
Garage Description Double Garage Detached
Fence Fenced
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Roof Type Asphalt Shingle
Building
Lot Description Back Lane, Back Yard, Cul-De-Sac, Landscaped, Many Trees, Pie Shaped Lot, Private, Treed
Foundation Poured Concrete
Structure Type Brick,Stucco,Wood Frame
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