Dedication | Focus | Loyalty
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Active
$585,000
89 Spring Haven Close SE
Big Springs, Airdrie
MLS® #A2327151
- 5 Beds
- 3 Baths
- 1,071 Sqft
- 42 square meters
- Built 1978
- Single Family
- ✓ 4+ Parking Spaces
- ✓ Air Conditioning
- ✓ Real Lot Size Listed
Exceptional turnkey investment opportunity! This fully legalized up/down bungalow is ideally suited for investors seeking immediate cash flow with reliable rental income. Both the upper and lower suites are fully tenanted with quality tenants in place, offering a true plug-and-play investment from day one. The legal suite in the basement was professionally developed and legalized in 2019 and features 2 bedrooms, a den, a full kitchen, spacious living and dining areas, full-sized laundry, a private side entrance, and its own outdoor living space. The upper legal suite also offers a full kitchen, full-sized laundry, private front entrance, and front deck, creating two completely independent living spaces.The thoughtfully designed layout includes separate yard areas for each legal suite following the legalization, providing added privacy for both tenants. A large carport with additional storage adds further convenience and value.A strong income-producing property with an efficient operating structure, tenants pay the majority of utilities (owner responsible for water/sewer), and tenants are responsible for lawn care. Whether you’re expanding your portfolio or purchasing your first investment property, this is a rare opportunity to acquire a fully legalized, income-generating property with excellent long-term potential. (id:66619)
Features
Interior
5 bedrooms, 3 bathrooms, 1,071 sqft
Lot
42 square meters
Parking
4 spaces
Heating
Baseboard heaters, Forced air, Electric, Natural gas
Cooling
None
Year Built
1978
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Contact Kirsten Bernal for more information or to arrange a showing.
Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.