Great investment opportunity with huge future potential! Two homes plus a 14’x26’ garage on a large 68’x139’ lot provide multiple income streams — one is already rented at $850/month + utilities. The first home (built 1961; furnace & water heater ~5 years old) is 907.5 sq ft with 2 bedrooms up, 2 down, and a bathroom on each level. The second home is 678 sq ft, single-level, with 2 bedrooms and a 4-piece bath. All three buildings feature low-maintenance stucco exteriors and new architectural shingles (2024). Both homes need some TLC – a great chance to add value and boost rents. Highway Commercial zoning offers excellent future development potential. Only one block from the junction of two main highways, the location provides outstanding exposure and easy access. A municipal water line easement runs through the middle of the lot. Close to all amenities, this property is a rare find for savvy investors looking to maximize rental income and long-term growth!
Property Type:
Single Family
Dwelling Type:
Detached Single Family
Home Style:
Bungalow
Total Floor Area:
907.51 sq. ft.84.3 m2
Price Per SqFt:
$198.23
Total area above grade.:
908 sq. ft.84.31 m2
Secondary Suite:
Yes
2nd Suite Permit By Seller:
No
Separate Entrance:
Yes
Lot Area:
9,445.33 sq. ft.877 m2
Lot Shape:
Rectangular
Grade Level Entry:
No
Levels:
1
Exposure / Faces:
North
Year built:
1961
(Age: 65)
Bedrooms:
4
(Above Grd: 2)
Bathrooms:
2.0
(Full:2/Half:0)
Total Rooms Above Grade:
2
Plan:
8722002
Building Type:
Detached Single Family
Efficiency Rating:
High - 92%+ Efficiency
Construction:
Block, Stucco, Wood
Foundation:
Concrete Perimeter
Basement:
Full, Partially Finished
Basement Development:
Partly Finished
Roof:
Fiberglass
Floor Finish:
Laminate Flooring
Heating:
Forced Air-1, Natural Gas
Fireplace:
No
Parking:
Single Garage Detached
Enclosed Parking:
1
Total Parking Spaces:
5
Garage:
Yes
Ensuite:
No
Garage Suite:
No
Garage Dimensions:
14'x26'
Off Street Parking, On Street Parking, Hot Water Natural Gas, Wood Windows
Westlock
Back Lane, Fruit Trees/Shrubs, Level Land
Off Street Parking, On Street Parking, Hot Water Natural Gas, Wood Windows
Data was last updated March 13, 2026 at 05:30 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$359,950
Min list price:
$120,000
Max list price:
$499,900
Avg days in system:
35
Min days in system:
2
Max days in system:
204
Avg price per sq.ft.:
$232.4
These statistics are generated based on the current listing's property type
and located in
Westlock. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on March 13, 2026 at 05:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.