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308 Glyde Street
Beds
7
Baths
3
Sqft
1,123
Year
1950
Type
Single Family
On market
20d
Welcome to the quaint Arts Hamlet of Rosebud, AB. Home of the renowned Rosebud Theatre. Now is the time to expand your investment portfolio. This 7 bedroom home with wrap around veranda is situated on a large, treed and professionally landscaped lot. With over 2200 sq feet of finished living space, this home has updated plumbing, newer roof, most of the windows have been replaced. This home was designed to function as a revenue property for Rosebud Theatre of the Arts Students. With some sweat equity you can make it ready for full occupancy. The main level is an open concept plan with a bright spacious kitchen and living room. Three spacious bedrooms and a full bath complete this level. The lower walk out level contains two separate living spaces. One is a 3 bedroom unit with full kitchen, living room and full bath and the second is a bachelor unit with kitchenette and three piece bath and walk through closet. All three spaces have separate entrances and shared laundry. In this hot rental market, you could live up and rent out two other units or use it as a multi-family home with separate space for everyone. Perfect for a revenue property, where demand is very high for accommodation, especially during the 10 month theatre/event season and for the many people who work within the community looking for accommodation. Only 20 minutes to Drumheller, 30 min to Strathmore and 40 minutes to Calgary. This charming home with all its possibilities is nestled in the Arts Hamlet of Rosebud which sees annual traffic to its dinner theatre, music festivals, visual arts events and shops of 35 000 - 40 000 people. It is modern, rural living in a wonderful community of artists, farmers and business people. This home is being sold "as is where is" as the seller has never lived in the home. Don't wait book a showing today !! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.67 Ft x 6.17 Ft | |
| Foyer | 7.33 Ft x 6.83 Ft | |
| Bedroom | 10.75 Ft x 11.17 Ft | |
| Family room | 11.00 Ft x 10.50 Ft | |
| Bedroom | 12.00 Ft x 13.58 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 10.75 Ft x 10.17 Ft | |
| Foyer | 6.83 Ft x 7.33 Ft | |
| Bedroom | 15.00 Ft x 11.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 5pc Bathroom | 6.75 Ft x 7.58 Ft | |
| Bedroom | 11.58 Ft x 11.42 Ft | |
| Dining room | 15.75 Ft x 10.83 Ft | |
| Laundry room | 8.58 Ft x 7.58 Ft | |
| Bedroom | 11.75 Ft x 9.08 Ft | |
| Bedroom | 11.58 Ft x 12.42 Ft | |
| Kitchen | 15.75 Ft x 5.50 Ft | |
| Living room | 11.42 Ft x 19.75 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
7.57%
Cap rate
6.38%
GRM
11.0
Break-even rent
$2,723
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 25, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rosebud. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.