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Address
509 1 Street Se, Diamond Valley, AB
Price
$ 359,900
Property Attributes
  • ID#A2320885
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityDiamond Valley
  • CityDiamond Valley
  • Postal CodeT0L 0H0
  • StyleDetached
  • Year Built1949
  • Price$ 359,900
  • Bedrooms2+0
  • Bathrooms1
  • Half Bathrooms0
  • Sqr Footage792
  • Lot Size0.27495408631772 Acres
Data Source:
RLP - CREA EN
Property Description

Opportunity knocks with this 1949 bungalow situated on a rare double-wide 1,112 square meter lot in the heart of Diamond Valley. This 2-bedroom, 1-bathroom, 792 square foot home is a true handyman’s special and is being offered primarily for land value making it an incredible opportunity for builders, investors, or anyone dreaming of creating their perfect home in a charming small town setting. The existing home features single level living, with a charming front porch, spacious living room, generous kitchen, as well as a large mudroom equipped with full laundry hook-ups. The roof was replaced approx. 15 years ago, the hot water tank is only 5 years old and although the furnace is on the older side, it has been well maintained and runs perfectly. The property been rented to long-term tenants for many years, offering immediate holding potential. Whether you're considering building your dream home, undertaking a renovation, or seeking an immediate rental the possibilities here are endless. Build your custom dream home while continuing to live in the existing residence during construction. With the generous double lot, there’s also exciting potential to build a second home while keeping the current property as a future in-law suite, income property, or Airbnb, subject to the approval and permitting by the town or municipality. Lots of this size and flexibility are a rare find in this desirable community. Diamond Valley offers the perfect blend of small-town charm and modern convenience. Families will appreciate local schools such as Turner Valley School and Oilfields High School, along with nearby amenities including shops, cafes and essential services right in town. Additionally, the property is located just down the street from the newly proposed Diamond Valley Marketplace which will feature new 43,000sf commercial hub anchored by Sobey's and Shoppers Drug Mart. Outdoor enthusiasts will love proximity to parks, pathways, and the Sheep River valley, as well as easy access to Kananaskis Country for year-round recreation. Located just minutes from Okotoks and an easy commute to Calgary, this property offers a peaceful escape from the city without sacrificing convenience. If you’ve been waiting for a large lot with unlimited potential in a growing and welcoming community, this is your chance.

General Features

Zoning BD - SINGLE DETATCHED - R
Terms SALE
Property Sub Type Detached
jumpId 28418189
Property Subtype French Detached
Listing Type French House
MLS A2320885
Inclusions N/A - All Inclusions are sold AS-IS

Interior Features

Living Area Range 792 sqft
Bedrooms 2+0
Beds 2
Total Baths 1
Total Baths 1

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in T0L 0H0

Price
AVG $790K
$360K
Year Built
AVG 1994
1949