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Pemberton Holmes Ltd.

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307 8 Avenue
homes for sale · Bassano
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$119,700

307 8 Avenue

Bassano · MLS® A2338685

222

1,172 sq ft · 2,700 sq ft lot · Townhouse · Single Family · built 1975 · 66 days on market

listed by Jolene Ledene Reimer, Royal LePage Community Realty

realtor's description

AFFORDABLE & EFFICIENT It's a 2 minute walk to the Bassano K-12 school from this sharp priced home. Some upgraded new high quality, maintenance free windows improve comfort & reduce your heating bills. Appealing open plan has u shaped kitchen with pantry, dining area & adjacent living room with access to 16 x 12 deck. Convenient 2 pc bath on main. Upper level was originally 3 bdrms, with 2 converted to make 1 very spacious primary bdrm. Framing up the partition wall is easy & inexpensive to restore the 3 bdrms. 4 pc main bath has updated faucet & tub surround. Basement is well laid out with space for 1 bdrm, family room & rough-ins for bathroom. If you are looking for a nice yard that's not too big, you'll appreciate the apples, grapes, goji berry and cherry trees with room for a garden. Deck is private with screened panels for wind protection. Good storage for tools & gardening with 2 sheds. Off street parking for your RV, boat or guests. Quick possession possible! Don't delay; payments less than market rent will help you build equity fast. Check out the virtual tour for your first look!

property details

type
Townhouse, Single Family
bedrooms
2
bathrooms
2
living area
1,172 sq ft
lot
2,700 sq ft
parking
2
year built
1975
property tax
$1,396 / yr
days on market
66
MLS®
A2338685

features

  • See remarks
  • Back lane
  • Golf Course Development
  • Fishing
  • Refrigerator
  • Stove

monthly cost

$638/mo
Mortgage $522 · Tax $116

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$522/ monthly
loan $95,760
25-year amortization
total interest
$60,696
land title fees
$320
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$24,260
down + land title fees
total paid
$156,456

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,660/mo
after all costs
$714/mo
cap rate
12.4%
yearly net rent ÷ price

Costs: mortgage $522 · tax $116 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Alberta: CMHC's average there ($1,670) lowered by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca

location

BassanoGoogle Maps ↗

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listed by
Jolene Ledene Reimer
Royal LePage Community Realty
call Jolene · 403-363-1320
Powered by: REALTOR.ca
▶ virtual tour

similar homes nearby

property tax

about $1,467 a year

The asking price times Bassano's 2026 residential rate of 12.25 per $1,000 (municipal and education).

The listing shows $1,396 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.

location

BassanoGoogle Maps ↗
48

Walkability 48/100 · Somewhat walkable: some errands on foot

Within a 10 minute walk: 1 grocery store, 1 place to eat or drink, 3 parks and playgrounds, 1 school.

mihom score from OpenStreetMap places, by straight line distance.

405 4 Avenue, Bassano
405 4 Avenue, Bassano, photo 2
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405 4 Avenue, Bassano, photo 7
405 4 Avenue, Bassano, photo 8
House
$115,000
4methe deep dive
405 4 Avenue
Bassano46 days on market
listed by CIR REALTY
3141,147 sq ft
MLS® A2343407
309 1st Avenue, Bassano
309 1st Avenue, Bassano, photo 2
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Land
$90,000
4methe deep dive
309 1st Avenue
Bassano61 days on market
listed by Easy List Realty
MLS® A2190171