Discover a cozy and manageable raised bungalow located on a corner lot, right in the middle of schools, shopping, and other everyday conveniences. This practical property offers a great opportunity whether you’re a first-time buyer, an investor, or simply looking for an affordable home with income potential. The main floor features two bedrooms, a full bathroom, and convenient in-suite laundry, providing everything you need in a straightforward, functional layout. The basement is set up as a bachelor-style unit with its own private entrance, perfect for a tenant or even extended family. It’s a clean and workable space, and was previously rented at $600 per month. The upstairs portion is currently rented at $1,100 per month, giving you a head start on mortgage support. This home will turn you a profit. Whether you decide to live on the main floor with a mortgage helper in the basement or rent out both units, this affordable raised bungalow provides solid income potential in a location that tenants appreciate. If you’ve been looking to get into real estate investment or need a budget-friendly home with options, this property deserves a look!
Property Details
Price:
$144,900
MLS #:
A2236927
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Vermilion
Listed Date:
Jul 5, 2025
Finished Sq Ft:
633
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
1943
See this Listing
Schools
Interior
Appliances
See Remarks
Basement
Separate/Exterior Entry, Finished, Full, Suite
Bathrooms Full
2
Laundry Features
Upper Level
Exterior
Exterior Features
None
Lot Features
Corner Lot, Rectangular Lot
Parking Features
None
Parking Total
6
Patio And Porch Features
None
Roof
Asphalt Shingle
Financial
Map
Community
- Address4624 49 Avenue Vermilion AB
- SubdivisionVermilion
- CityVermilion
- CountyVermilion River, County of
- Zip CodeT9X 1R7
Subdivisions in Vermilion
Market Summary
Current real estate data for Single Family in Vermilion as of Oct 20, 2025
20
Single Family Listed
109
Avg DOM
213
Avg $ / SqFt
$244,110
Avg List Price
Property Summary
- Located in the Vermilion subdivision, 4624 49 Avenue Vermilion AB is a Single Family for sale in Vermilion, AB, T9X 1R7. It is listed for $144,900 and features 3 beds, 2 baths, and has approximately 633 square feet of living space, and was originally constructed in 1943. The current price per square foot is $229. The average price per square foot for Single Family listings in Vermilion is $213. The average listing price for Single Family in Vermilion is $244,110. To schedule a showing of MLS#a2236927 at 4624 49 Avenue in Vermilion, AB, contact your Walter Saccomani | Real Broker agent at 4039035395.
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4624 49 Avenue
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