For Sale: 509 1 Street SE, Black Diamond, AB - REW
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$449,900
2 bd • 1 ba • 793 sf • House
509 1 Street SE
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$449,900
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509 1st Street SEBlack Diamond, AB, T0L 0H0

  • 2 Bed
  • 1 Bath
  • 793 Sqft
  • House

About this home

Opportunity knocks with this 1949 bungalow situated on a rare double-wide 1,112 square meter lot in the heart of Diamond Valley. This 2-bedroom, 1-bathroom, 792 square foot home is a true handyman’s special and is being offered primarily for land value making it an incredible opportunity for builders, investors, or anyone dreaming of creating their perfect home in a charming small town setting. The existing home features single level living, with a charming front porch, spacious living room, generous kitchen, as well as a large mudroom equipped with laundry hook-ups. The roof was replaced approx. 15 years ago, the hot water tank is only 5 years old and although the furnace is on the older side, it has been well maintained and runs perfectly. The property been rented to long-term tenants for many years, offering immediate holding potential. Whether you're considering building your dream home, undertaking a renovation, or seeking an immediate rental the possibilities here are endless. Build your custom dream home while continuing to live in the existing residence during construction. With the generous double lot, there’s also exciting potential to build a second home while keeping the current property as a future in-law suite, income property, or Airbnb, subject to the approval and permitting by the town or municipality. Lots of this size and flexibility are a rare find in this desirable community. Diamond Valley offers the perfect blend of small-town charm and modern convenience. Families will appreciate local schools such as Turner Valley School and Oilfields High School, along with nearby amenities including shops, cafes and essential services right in town. Outdoor enthusiasts will love proximity to parks, pathways, and the Sheep River valley, as well as easy access to Kananaskis Country for year-round recreation. Located just minutes from Okotoks and an easy commute to Calgary, this property offers a peaceful escape from the city without sacrificing convenience. If you’ve been waiting for a large lot with unlimited potential in a growing and welcoming community, this is your chance.
Listed by: Kayla Hagen, Charles

Home facts and features

Price details
List Price
$449,900
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Home facts
Bedrooms
2
Full Bathrooms
1
Property Type
House
Lot Size
11762 ft²
Frontage
100.33 ft
Year Built
Built in 1949 (77 yrs old)
Style
Bungalow
Heating Type
Forced Air
Basement Details
Crawl Space
Features
Back Lane, Back Yard, Front Yard, Interior Lot, Park, Private Yard, Schools Nearby, See Remarks, Sidewalks, Street Lights, Walking/bike Paths, Washer Hookup
Amenities
Playground, Shopping Nearby
Appliances
Dishwasher, Electric Range, Refrigerator, Window Coverings
Agent details
Primary Agent
Primary Broker
Charles
Listing details
Days on REW
102 Days
Property Views
82
MLS® Number
A2289449
Source
Pillar 9
Board
Calgary Real Estate Board
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25 Years
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3.99%

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Property Insights

C. Ian McLaren School
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Oilfields High School
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Turner Valley Elementary Junior High School
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Call Agent
Kayla Hagen
Phone:
(403) 852-1838
Office:
403-267-0000
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.