Investors, first-time buyers, and Car Guys alike will appreciate the exceptional value and versatility offered by this Illegally suited walkout bungalow in the growing community of Blackfalds. Situated on an expansive 8959 SQ. FT parcel, this property is currently generating $2,200/month plus utilities, with reliable tenants eager to remain, making it a true turnkey investment. The upper level offers a functional 3-bedroom, 1- bathroom layout, while the bright and spacious lower level 1-bedroom with kitchen boasts a walkout design that enhances natural light and livability. Outdoor spaces are equally impressive, with a large upper deck showcasing scenic views and a thoughtfully designed lower yard complete with an enclosed entertaining area, circular brick patio, stone courtyard with fireplace, and custom concrete lounging tables, all connected by a striking spiral staircase. The mature landscaping adds privacy and charm, while the unique two-storey garage provides ample flexibility with 2-car parking above, an additional bay below, and dedicated shop space. Additional highlights include a parking pad, three furnaces (replaced in 2009 for independent heating), updated shingles (2012), and a hot water tank (2019). A rare opportunity to secure a property with strong appeal for both investors and homeowners.
Data was last updated May 31, 2026 at 06:05 AM (UTC)
Area Statistics
Listings on market:
60
Avg list price:
$437,150
Min list price:
$224,900
Max list price:
$750,000
Avg days on market:
30
Min days on market:
1
Max days on market:
228
Avg price per sq.ft.:
$348.2
These statistics are generated based on the current listing's property type
and located in
Blackfalds. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.