625 Lancaster Drive Lonsdale, Red Deer, Alberta, CA

Address: 625 Lancaster Drive, Red Deer, Alberta

5 Beds3 Baths1282 sqftStatus: Buy
Price $540,000

Property Overview


Discover the incredible potential of this spacious bungalow in the desirable Lonsdale neighborhood! With 1,282 sq ft on the main floor and an additional 1,190 sq ft of fully developed basement space, this home offers room to grow, live, and generate income.The main floor features a large, open kitchen and dining area with ample cabinets and counter space, a bright living room, and three generously sized bedrooms, including the primary with a 3-piece ensuite. A 4-piece bathroom completes this level, making it perfect for families or hosting guests.The basement includes an illegal suite with a walk-up separate entrance to grade, a kitchenette, and a spacious living area with a cozy fireplace. The basement's primary bedroom boasts a walk-in closet and an oversized ensuite with a large tub and separate shower. Shared utilities and laundry are conveniently located in the basement, and there’s an additional bedroom, adding to the home's versatility.The property features a heated and insulated double detached garage, RV parking with alley access, and a fenced backyard. Whether you're looking for a multi-generational home or an investment property, this home offers exceptional rental income potential. Currently, four bedrooms are rented to tenants who wish to stay, with the owner open to becoming a fifth renter, maximizing revenue opportunities.Located near schools, parks, and the Collicutt Centre, and offering easy access to shopping and public transit, this property combines convenience with endless possibilities. Any and all offers will be greeted and reviewed. (id:51532)

 

Tags




Property Summary
Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
1282 sqft
Community Name
Lonsdale
Subdivision Name
Lonsdale
Title
Freehold
Land Size
5101 sqft|4,051 - 7,250 sqft
Built in
2003
Parking Type
Detached Garage(2),Other,RV
Building
Bedrooms
Above Grade
3
Below Grade
2
Bathrooms
Total
5
Interior Features
Appliances Included
Refrigerator, Dishwasher, Stove, Window Coverings, Garage door opener, Washer & Dryer
Flooring
Carpeted, Concrete, Hardwood, Laminate, Tile
Basement Features
Separate entrance, Walk-up, Suite
Basement Type
Full (Finished)
Building Features
Features
Treed, Back lane, PVC window, No Animal Home, No Smoking Home
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
Bungalow
Construction Material
Poured concrete, Wood frame
Square Footage
1282 sqft
Total Finished Area
1282 sqft
Structures
Deck
Heating & Cooling
Cooling
None
Heating Type
Other, Forced air
Exterior Features
Exterior Finish
Concrete, Vinyl siding
Parking
Parking Type
Detached Garage(2),Other,RV
Total Parking Spaces
6
Land
Lot Features
Fencing
Fence
Other Property Information
Zoning Description
R1N
Level Rooms Dimensions
Basement 4pc Bathroom 12.50 Ft x 10.25 Ft
Bedroom 8.00 Ft x 12.75 Ft
Primary Bedroom 18.33 Ft x 15.67 Ft
Other 12.42 Ft x 13.75 Ft
Recreational, Games room 15.17 Ft x 16.50 Ft
Furnace 12.50 Ft x 6.17 Ft
Main level 3pc Bathroom 9.58 Ft x 4.33 Ft
4pc Bathroom 9.58 Ft x 5.00 Ft
Bedroom 9.58 Ft x 9.42 Ft
Bedroom 13.00 Ft x 9.50 Ft
Living room 19.25 Ft x 16.42 Ft
Primary Bedroom 9.58 Ft x 16.92 Ft
Other 15.83 Ft x 19.25 Ft

Features
           Treed            Back lane            PVC window
           No Animal Home            No Smoking Home            Detached Garage(2)
           Other            RV            Refrigerator
           Dishwasher            Stove            Window Coverings
           Garage door opener            Washer & Dryer            Separate entrance
           Walk-up            Suite            None
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Your Home Finance Calculation

Property Price CA $540,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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