128 Ridgegate Way SW, Airdrie, Alberta, T4B1A9

$499,999
$499,999

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A2293079
MLS Number

4
Bedrooms

3
Bathrooms

1098.25
sqft

0.10
Lot sqft

1982
Year Built

Property Description

INVESTOR ALERT | 3 SEPARATE LIVING AREAS | 2 ILLEGAL BASEMENT SUITES | PRIME LOCATION | Excellent Opportunity In Ridgegate For Investors, Extended Families, Or Buyers Seeking A Flexible Property With Strong Income Potential. Ideally Located With Quick Access To The City Centre And Close To Shopping Plazas, A Brand New Library, Urgent Care Facilities, Schools, Parks, Places Of Worship, And Convenient Public Transit, This Bungalow Offers Both Comfort And Exceptional Convenience. The Property Currently Generates Over $4,000 Per Month In Rental Income Across Three Separate Living Areas, Offering A Fantastic Opportunity For Investors Seeking Strong Revenue Potential. The Main Floor Features A Bright And Inviting Living Room With Hardwood Flooring And A Large Front Window That Fills The Space With Natural Light, A Functional Kitchen With Updated Vinyl Plank Flooring, Three Well-Sized Bedrooms, Including A Spacious Primary Bedroom, And A 4-Piece Bathroom. A Separate Entrance Provides Access To The Fully Developed Basement, Offering Additional Flexibility And Excellent Potential For Extended Family Or Supplemental Rental Income. The Lower Level Includes Two Distinct Living Areas Along With Two Bathrooms, Including A Bachelor-Style Space Equipped With A Portable Electric Cooktop, Fridge, And Microwave (Buyers Are Advised That Secondary Suites Are Subject To Approval And Permitting By The City/Municipality). Situated On A Generous Lot With Approximately 45 Ft Of Frontage And 100 Ft Of Depth, The Property Features A Large Private Fenced Backyard With A Storage Shed. A Front Parking Pad Provides Convenient Off-Street Parking, With Additional Street Parking Available. With Approximately 1,022 Sq Ft Of Above-Grade Living Space, This Property Offers An Excellent Combination Of Location, Versatility, And Long-Term Investment Potential.

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Property Details

Property Type Detached, Residential
MLS Number A2293079
Property Size 1098.25 sqft
Bedrooms 4
Bathrooms 3
Year Built 1982
Property Status Active
Parking 2
Brokerage name Royal LePage METRO

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128 Ridgegate Way SW, Airdrie, Alberta, T4B1A9