This well maintained 2 storey townhome is an excellent opportunity for investors, offering a tenant already in place with a lease secured through June 2027. Situated close to shopping, restaurants, schools, across the street from a park, and steps to walking trails and other everyday amenities, this property is located in a convenient, family friendly location and is a great addition to any investment portfolio. Step inside to a bright and functional main floor featuring a spacious front living room that flows through to the kitchen and dining areas. The kitchen offers oak cabinetry, plenty of counter space, a pantry, and an eating bar for casual meals or entertaining. The adjoining dining area provides access to the rear deck and fully fenced backyard, while a convenient 2 pce powder room completes the main level. Upstairs you'll find three bedrooms, including a spacious primary suite with a walk-in closet, while two additional bedrooms share the well appointed 4 pce bathroom. The unfinished basement offers excellent potential for future development, with room to add additional living space, a bedroom, or family room if desired. Outside, the fully fenced backyard offers plenty of green space along with a raised deck for outdoor enjoyment. A large swing gate at the rear fence provides access to a designated RV or boat parking area, offering added flexibility, and the attached garage and front driveway provide ample off street parking. Whether you're looking to add to your investment portfolio or purchase a property with a tenant already in place, this is an excellent turn key opportunity! Current lease is $1695/mo and tenant pays all utilities. (id:51989)
Features of 5542 Prairie Ridge Avenue
- MLS® Number A2323845
- Price $319,900
- Bedrooms: 3
- Bathrooms: 2
- Square Footage: 1292 sqft
- Property Type: Row / Townhouse
- Community Name: Panorama Estates
- Amenities Near By Park, Playground, Schools, Shopping
- Features Back Lane, Pvc Window, Closet Organizers
- Parking Space Total 2
- Plan 0726123
- Structure Deck
Buildings
| Bathroom Total | 2 | Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 | Appliances | Refrigerator, Dishwasher, Stove, Microwave Range Hood Combo, Window Coverings, Garage Door Opener, Washer & Dryer |
| Basement Development | Unfinished | Basement Type | Full (unfinished) |
| Constructed Date | 2009 | Construction Material | Poured Concrete, Wood Frame |
| Construction Style Attachment | Attached | Cooling Type | None |
| Exterior Finish | Concrete, Stone, Vinyl Siding | Fire Protection | Smoke Detectors |
| Flooring Type | Carpeted, Linoleum | Foundation Type | Poured Concrete |
| Half Bath Total | 1 | Heating Fuel | Natural Gas |
| Heating Type | Forced Air | Stories Total | 2 |
| Size Interior | 1292 Sqft | Total Finished Area | 1292 Sqft |
| Type | Row / Townhouse |
Parking
| Concrete | |
| Other | |
| Attached Garage | 1 |
Land
| Acreage | No | Fence Type | Fence |
| Land Amenities | Park, Playground, Schools, Shopping | Size Depth | 35.99 M |
| Size Frontage | 6.11 M | Size Irregular | 219.62 |
| Size Total | 219.62 M2|0-4,050 Sqft | Size Total Text | 219.62 M2|0-4,050 Sqft |
| Zoning Description | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 9.25 Ft x 10.58 Ft | ||
| Second Level | Bedroom | 9.50 Ft x 12.50 Ft | ||
| Second Level | 4pc Bathroom | 7.75 Ft x 7.92 Ft | ||
| Second Level | Primary Bedroom | 11.08 Ft x 13.42 Ft | ||
| Main Level | Living Room | 15.42 Ft x 12.58 Ft | ||
| Main Level | Dining Room | 10.08 Ft x 9.92 Ft | ||
| Main Level | Kitchen | 9.08 Ft x 11.92 Ft | ||
| Main Level | 2pc Bathroom | 5.42 Ft x 5.00 Ft |
Agents and Offices
- Andrew Russell
- Rachel McQueen
- Office: RE/MAX Real Estate Central Alberta