227 Warren Road
Fort McMurray, Alberta
MLS® A2323409
$564,900
- Status
- Active
- Property type
- House
- MLS® number
- A2323409
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 2000
1 / 42Listing description
INVESTOR ALERT! LEGAL SUITE WITH EXCELLENT INCOME POTENTIAL! Welcome to 227 Warren Road, a fantastic revenue-generating opportunity situated on a large corner lot backing onto a treeline.
Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this property offers exceptional flexibility with a spacious main-floor suite and a separate 2-bedroom legal basement suite. The upper level features a bright and inviting layout with vaulted ceilings, a spacious front living room, and an eat-in kitchen complete with a pantry and direct access to the deck and backyard. This level offers 4 bedrooms, including a primary retreat with two closets and a private ensuite.
The oversized fourth bedroom located above the garage provides endless possibilities and could easily function as a bonus room, family room, home office, or additional bedroom. The fully developed 2-bedroom legal basement suite is designed for comfortable independent living and features in-floor heating, large windows, a spacious living room, eat-in kitchen, two bedrooms, and a full 4-piece bathroom. The suite has its own private entrance and dedicated parking, making it highly attractive to tenants.
A shared utility room includes two sets of laundry machines for added convenience and separate gas and electricity meters.. Outside, the property is thoughtfully configured for multi-family living with separate yard spaces for each suite, allowing privacy for both occupants. The large corner lot accommodates two separate driveways, providing ample parking for both the upper and lower suites.
With a legal basement suite, separate entrances, dedicated parking, and a desirable location backing onto greenspace, 227 Warren Road presents an outstanding opportunity for investors, multi-generational families, or homeowners looking to generate additional income. Recent updates include new shingles, attic insulation in 2017, new windows and siding on the back of the house 2017, new b oiler 2026 and new flooring 2017. Upstairs rented until June 2027 for $2850/month- buyer must assume upstairs tenants.
Don't miss your chance to own this versatile property with strong rental appeal and excellent income potential!
Property summary
- MLS® number
- A2323409
- Property type
- Single Family
- Building type
- House
- Square footage
- 1,615 sq ft
- Title
- Freehold
- Land size
- 5696.45 square feet
- Built in
- 2000
- Annual property taxes
- $2,832.00
- Parking
- 6 spaces · Attached Garage, Parking Pad, Other
- Days on market
- 74 days
Features & details
- Heating
- Forced air, In Floor Heating
- Cooling
- Central air conditioning
- Basement
- Finished, Full, Separate entrance, Suite
- Flooring
- Carpeted
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, See remarks
- Exterior features
- Vinyl siding
- Lot features
- See remarks, PVC window
What would this home cost you?
Based on the $564,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Connect, Fort McMurray.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.