437 3 Avenue, Bassano
Centrally located in the lovely community of Bassano, this well maintained 4 unit multi-family property offers an excellent investment opportunity with stable rental income and low management complexity. Designed in a row style layout, each 1-bedroom suite features a functional floorplan complete with a kitchen, living room, bedroom, full bathroom, in-suite laundry with washer and dryer, plus a dedicated utility room. A covered rear patio spans the full width of the building, providing tenants with added privacy, outdoor enjoyment, and shelter from the elements. Individually metered gas and power make utility management simple, with tenants responsible for their own usage. Current rental income is $725/month per unit. The property has been consistently cared for over the years and offers an attractive setup for both seasoned investors and those looking to expand their portfolio. The seller currently covers town water and sewer, property taxes, and insurance. This is a solid income-producing property in a convenient location close to amenities and services. (id:1945)
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Property details for 437 3 Avenue, Bassano
- Type
- Multi-family
- Style
- Bungalow
- Living Area
- 2,356 square feet
- Lot Size
- 697.21
- Stories
- 1
- Basement
- Crawl space
- Parking
- Other
- Heating
- Forced air, Natural gas
- Cooling
- None
- Ownership
- Freehold
- Annual Taxes
- $3,675 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 437 3 Avenue
Active Listings
7
Min Price
$90,000
Max Price
$899,900
Avg Price
$354,843
Days on Market
167
days
Sold Listings
6
Min Sold Price
$90,000
Max Sold Price
$999,000
Avg Sold Price
$357,567
Days until Sold
162
days
Neighbourhood Census Data
Bassano, Alberta
Population
561
Median Age
49.8
Median Income
$31,424
Dwelling Value
$184,858
Housing Tenure
Owners 78%
Renters 22%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 184.3/km²
Avg Shelter Cost: $1,030/mo
Owners with Mortgage: 59%
Owners Spending 30%+: 21.1%
Tenants Spending 30%+: 40%
English only: 96.4%
English and French: 2.7%
Median Household Income: $55,936
Median Employment Income: $35,968
Price History
Listed
May 8, 2026
by Real Estate Centre
Current Price
$415,000
-4.6% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $415,000 | $20,000 (-4.6%) |
| Jul 7, 2026 | $435,000 | Listed |
