Attention Investors & Dream-Home Seekers! An incredible opportunity in prime Teepee Town awaits! This stunning bilevel house sits on a spacious 4,326 sq ft lot zoned TPT-CR, offering exceptional multi-residential development potential including duplexes, triplexes, fourplexes, townhouses, stacked townhomes, accessory suites, and more — all subject to city approval.Enjoy an open-concept main floor with a cozy fireplace, modern kitchen, and breathtaking 360° mountain views. The separate-entry illegal basement suite boasts high ceilings, heated floors, and abundant natural light — ideal for rental income or guests.Currently rented for $5,500/month, this house delivers immediate cash flow while offering outstanding future redevelopment possibilities.The zoning also supports a variety of discretionary uses including B&Bs, care facilities, cultural spaces, daycare centers, and public buildings (subject to city approval).Located just a short walk from downtown, restaurants, parks, and all amenities, this rare house perfectly combines charm, income, and tremendous investment upside. Don’t miss out on this exceptional chance to invest and grow in Teepee Town! (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
2+2
Bathrooms
2
Lot
15.2 x 31.73 m
Amenities Nearby
Park, Playground, Schools, Shopping
Features
Wet bar, No Animal Home
Listing Contract Date
2025-07-25
Municipal ID
0024484842
Ownership Type
Freehold
# of Parking Spaces
4
Plan
1095F
Property Type
Single Family
Structures
Deck, Porch
Transaction Type
For sale
Zoning Description
TPT-CR
Building
Appliances
Refrigerator, Gas stove(s), Dishwasher, Microwave, Washer & Dryer
Architectural Style
Bi-level
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1968
Construction Style (Attachment)
Detached
Cooling Type
None
Exterior Finish
Stucco, Vinyl siding
Fireplace Present
Yes
# of Fireplaces
1
Flooring Type
Carpeted, Ceramic Tile, Hardwood, Tile
Foundation Type
Poured Concrete
Heating Type
Forced air, Hot Water, In Floor Heating
Total Finished Area
1209.21 sqft
Type
House
Rooms
Room
Level
Dimensions
Notes
4pc Bathroom
Basement
8.67 Ft x 10.08 Ft
Bedroom
Basement
9.50 Ft x 12.83 Ft
Bedroom
Basement
14.92 Ft x 12.75 Ft
Laundry room
Basement
8.17 Ft x 11.33 Ft
Recreational, Games room
Basement
22.83 Ft x 19.50 Ft
Furnace
Basement
8.17 Ft x 5.92 Ft
4pc Bathroom
Main level
6.33 Ft x 7.33 Ft
Bedroom
Main level
10.08 Ft x 11.08 Ft
Den
Main level
9.00 Ft x 11.58 Ft
Kitchen
Main level
15.08 Ft x 13.25 Ft
Living room
Main level
18.17 Ft x 17.08 Ft
Primary Bedroom
Main level
18.50 Ft x 11.08 Ft
Storage
Main level
4.83 Ft x 4.25 Ft
Parking Spaces
Name
Spaces
Other
Land
Total Size
4335 square feet
Amenities
Park, Playground, Schools, Shopping
Fence Type
Fence
Landscape Features
Garden Area, Lawn
Size of Irregular Land
4335.00
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