




This 5-bedroom, 3-bathroom single family in Lac La Biche offers 1,581 sqft of living area on a 10,397 sqft lot. Built in 1952, 1 storey. The property has lot dimensions of 10397.00. The home features hardwood and linoleum and marble/granite/quartz flooring, forced air heating, a finished, full, separate entrance basement. Highlights include a 5-car garage.
Excellent investment opportunity in the heart of Lac La Biche! Located at 9119 100 Street, this well-maintained revenue property is ideally situated close to Portage College and the hospital, making it highly desirable for tenants. The upper-level unit features 3 bedrooms, including an oversized primary bedroom complete with a spacious walk-in closet and a beautifully appointed 4-piece ensuite with soaker tub. Bamboo flooring runs throughout, complementing the bright kitchen and the comfortable living and dining areas. The upper unit also enjoys exclusive use of a generous, fenced backyard with mature trees, a 25’ x 10’ deck accessed through a patio door, rear alley access, and access to the garage. The basement contains two additional (legal) self-contained rental units, each with a private entrance and their own laundry. One unit offers approximately 600 sq. ft. of living space with 1 bedroom, while the third unit is also a nicely appointed 1-bedroom legal suite. With three independent units, strong tenant demand, and a cap rate of approximately 8%, this property offers excellent cash-flow potential. Current tenants are happy to stay, making this a turnkey investment you won’t want to miss. (id:60351)
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Listed by TRACY LORD, People 1st Realty
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Listing represented by TRACY LORD, People 1st Realty · MLS# A2282290
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.