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3703 - Elmvale Acres/Urbandale, Elmvale Acres and Area
$650,000
Nestled in a fantastic, family-friendly neighborhood, this charming, raised bungalow offers the perfect blend of comfortable living and excellent income or multi-generational potential. Situated close to top-rated schools, parks, shopping, and easy access to major routes, this home combines convenience with undeniable charm. Step inside to a bright and open main level featuring a cohesive living and dining area, perfect for entertaining. The modern kitchen overlooks the space, creating a warm, connected atmosphere. Walk out from the living room through double door to your own private front deck-an ideal spot for morning coffee. Three generously sized bedrooms with vaulted ceilings await, including one with convenient patio door access to the backyard, offering flexibility as a bedroom or a sunny family room. The lower level unveils incredible potential! The lower level is ideal for an in-law or rental suite, featuring a separate entrance, an oversized living/dining space, a kitchen, two bedrooms with closets and a renovated 3-piece bath. A dedicated laundry room is accessible from both units. This space is perfect for generating rental income or accommodating extended family. This is a rare find: a move-in ready home with income suite potential, situated on a quiet street just moments from all amenities. Don't miss this opportunity! Few photos have been virtually staged. 48 hours irrevocable on all offers.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,413 |
| Lot Size | 50 ft x 100 ft |
| mls© Number | X13717810 |
| Listed By | RE/MAX HALLMARK REALTY GROUP |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,327
- Property tax
- $368
- Heat allowance
- $150
- Housing costs
- $3,845 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$118,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $130,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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