8 days on Market

#2 Shannon Close, Olds, Alberta T4H1C1

Detached
3 + 1
2
~1096.00 sqft
$475,000
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Detached
3 + 1
2
~1096.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$433/sqft

Est. Mortgage$2,040/mo

Tax Amount (2024)$2,863/yr

Days On Market8 days


Description

Charm meets convenience right here in this 1970's Bungalow, completely reimagined for modern times. Two beautifully immaculate homes in one, sitting in a quiet cul-de-sac within walking distance to primary shopping and restaurants. Through the front door you will find a cozy 3 bedroom home, with an open living space and bright kitchen area, featuring large windows and vinyl plank flooring. A full 4pc bathroom, stacked washer and dryer and soft comfy carpets make this a great rental opportunity. OR make this your humble abode and RENT out the basement. Through the separate back entrance, you will enter a renters paradise: private and equipped with their own laundry! Entirely renovated for contemporary comfort in 2018 with egress windows, a thoughtfully planned out galley kitchen, two bedrooms (or one and an office space), a family room with beautiful features and an electric fireplace. Explore this unique revenue generator to see all it has to offer, including a closet fit for Narnia and a fantastic jetted tub! Will you live here, will you rent it, will you do both?! Oh, the possibilities. And don't forget the detached double garage, alley access and additional large parking space in the back, alongside the elder trees. Come and see this incredible opportunity for yourself!


Property Details

StyleBungalow
View-
Age of property1974
SqFt~1096.00 SqFt
Lot Size-
Parking Spaces6
MLS ®NumberA2223592
Community NameOlds
Data SourcePILLAR 9
Listing byRoyal Lepage Wildrose Real Estate-Didsbury

Features

Heating: Forced Air,Natural Gas
Basement: Separate/Exterior Entry,Finished,Full

Main Floor

Dining Room

7`8" x 8`3"

Kitchen

8`8" x 11`9"

Laundry

3`1" x 3`6"

Living Room

17`2" x 12`0"


Parking

Garage spaces 2

Garage type -

Other parking spaces 4

Total parking spaces 6


Property History

May 26, 2025
ListedActive
$475,000
8 days on market
history photo preview25
Listing by pillar 9®
Property listed by Royal Lepage Wildrose Real Estate-Didsbury , Brokerage
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Market Data - Olds

Geo Zone Map ThumbnailOlds

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

68 days

Compared to

2024

55 days

2023

53 days

New Listings

Past 30 days

17 listings

Compared to

2024

21 listings

2023

17 listings

Units sold

Past 30 days

13 units

Compared to

2024

11 units

2023

17 units

Median Sold Price

Past 30 days

$535,000

Compared to

2024

$485,000

2023

$445,000


Population and Demographics

Overview

Total population 8519
Average household income $118,876

Age (%)

65 and plus
24%
0 to 19
22%
50 to 64
19%
35 to 49
18%
20 to 34
17%

Household composition (%)

Single family
64%
Single person
31%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
92%
Others
4%
Tagalog (Pilipino, Filipino)
3%

House tenancy (%)

Owners
72%
Renters
28%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget