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!
For sale
C$144,900
4624 S 49th Ave, Vermilion, AB T9X 1R7
3beds
633sqft
Single Family Residence
Built in 1943
6,098.4 Square Feet Lot
$-- Zestimate®
C$229/sqft
C$-- HOA
What's special
Corner lotStraightforward functional layoutIn-suite laundryBachelor-style unitPrivate entranceClean and workable space
- 23 days
- on Zillow |
- 38 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 04:30am
Listed by:
Shawn Jacula, Broker,
Re/Max Prairie Realty
Source: courtesy of Pillar9 System,MLS®#: A2236927
Originating MLS®#: Lloydminster

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Basement
- Dimensions: 11`1" x 10`2"
Bedroom
- Level: Main
- Dimensions: 9`4" x 9`9"
Bedroom
- Level: Main
- Dimensions: 8`5" x 9`6"
Other
- Level: Basement
- Dimensions: 9`4" x 5`8"
Other
- Level: Main
- Dimensions: 5`9" x 4`5"
Living room
- Level: Main
- Dimensions: 11`4" x 12`4"
Heating
- Forced Air
Cooling
- None
Appliances
- Included: See Remarks
- Laundry: Upper Level
Features
- See Remarks
- Flooring: Laminate
- Basement: Separate/Exterior Entry,Finished,Full,Suite
- Has fireplace: No
Interior area
- Total interior livable area: 633 sqft
Property
Parking
- Total spaces: 6
- Parking features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: None
- Pool features: Community
- Fencing: None
- Frontage length: 15.24M 50`0"
Lot
- Size: 6,098.4 Square Feet
- Features: Corner Lot, Rectangular Lot
Details
- Parcel number: 56936784
- Zoning: R2 - Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1943
Community & HOA
Community
- Features: Airport/Runway, Fishing, Golf, Lake, Park, Playground
- Subdivision: Vermilion
HOA
- Has HOA: No
Location
- Region: Vermilion
Financial & listing details
- Price per square foot: C$229/sqft
- Date on market: 7/4/2025
- Inclusions: NA
- Loading