Looking for a home that can help pay for itself? This six-bedroom property at 3701 41 Avenue offers a great opportunity for homeowners and investors alike, featuring a **rare legal three-bedroom basement suite**. The seller reports generating between $2,000 and $3,500 per month in rental income through Airbnb.
The basement suite has its own separate entrance on the south side of the home and is thoughtfully finished with a spacious kitchen, comfortable living area, three good-sized bedrooms and a three-piece bathroom. **The suite comes fully furnished**, making it an attractive option for short-term rentals.
Upstairs, you'll find another three bedrooms, a spacious living room and a primary bedroom complete with a walk-in closet and ensuite. The upper level has been occupied by a long-term tenant who is scheduled to vacate at the end of October, providing an opportunity for a new owner to move in or explore additional rental income.
Outside, the nicely maintained yard features an attractive rock retaining wall, a three-zone underground sprinkler system and no rear neighbours, offering some welcome backyard privacy.
Whether you're looking to live upstairs while generating income from the basement or add a property with two separate living spaces to your investment portfolio, this home offers plenty of flexibility. A rare legal suite with an established short-term rental history is a valuable feature, and one that makes this property worth a closer look.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Negotiable
Suite:
Yes
Num Legal Suites:
1
Num Illegal Suites:
0
Home Style:
Bi-Level
Total Living Area:
1,238 sq. ft.115 m2
Taxes:
$4,381 /
2026
Acreage:
No
Lot Area:
6,027 sq. ft.560 m2
Lot Frontage:
1'0.3 m
Front Exposure:
West
Levels:
Bi-Level
Total Rooms Above Grade:
6
Year built:
2014
(Age: 12)
Bedrooms:
6
(Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms On Main:
3
Bedrooms Below Grade:
3
Bathrooms:
3.0
(Full:3, Half:0)
Num Ensuite Baths:
1
Plan:
102147410
Heating:
Forced Air, Natural Gas
Basement:
Full, Finished, Separate/Exterior Entry
Foundation:
Wood
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Carpet, Tile
Cooling:
Central Air
Fireplaces:
0
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Attached
Parking Places:
4
Parking Total/Covered:
4 /
-
Laundry Features:
Laundry Room, Multiple Locations
Larsen Grove
Central Air Conditioner, Dishwasher, Dryer, Garage Control(s), Microwave Hood Fan, Refrigerator, Stove(s), Washer
Na
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
12'7"3.84 m × 8'10"2.69 m
Main Floor
Bedroom
10'8"3.25 m × 9'2"2.79 m
Main Floor
Dining Room
13'11"4.24 m × 7'3"2.21 m
Main Floor
Kitchen
13'11"4.24 m × 12'7"3.84 m
Main Floor
Living Room
15'6"4.72 m × 12'3.66 m
Main Floor
Bedroom - Primary
13'3.96 m × 12'3"3.73 m
Basement
Bedroom
13'11"4.24 m × 7'10"2.39 m
Basement
Bedroom
14'6"4.42 m × 9'2.74 m
Basement
Bedroom
10'1"3.07 m × 8'11"2.72 m
Basement
Breakfast Nook
11'9"3.58 m × 6'7"2.01 m
Basement
Family Room
11'9"3.58 m × 6'7"2.01 m
Basement
Kitchen
13'10"4.22 m × 11'1"3.38 m
Basement
Laundry
5'2"1.57 m × 2'5".74 m
Basement
Laundry
9'10"3.00 m × 8'9"2.67 m
Basement
Mud Room
6'9"2.06 m × 6'8"2.03 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'9" x 5'3"
Main Floor
Yes
4
7'4" x 5'3"
Basement
No
3
7'5" x 5'5"
Title to Land:
Fee Simple
Community Features:
Other
Interior Features:
High Ceilings, Kitchen Island, Open Floorplan, Separate Entrance
Data was last updated October 15, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
132
Avg list price:
$379,950
Min list price:
$50,000
Max list price:
$2,500,000
Avg days on market:
63
Min days on market:
1
Max days on market:
581
Avg price per sq.ft.:
$300.29
These statistics are generated based on the current listing's property type
and located in
Lloydminster. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.