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31 Larch Avenue
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Drumheller · Single Family · under $875,000 · 2+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Opportunities like this are rare. Situated on 3.07 acres in North Drumheller, this exceptional property offers privacy, treed acres, space and the convenience of municipal water & sewer services. Ideal for Developers, Investors, or Buyers seeking in town acreage. This unique property presents endless possibilities and an opportunity to make it your own. Proudly maintained by the same family since it was built, the 1981 bungalow offers a bright + functional layout with 3 bedrooms, and 4 bathrooms, including a primary bedroom with private ensuite, and full bath with walk in shower. An inviting family room open to the eat in kitchen, formal living and dining room. Convenient mudroom with powder room. The fully developed lower level includes large recreation room, complete with pool table, shuffle board and a kitchenette, 3rd bedroom, full bathroom, dedicated hot tub room, and abundant storage including a cedar lined closet. Outside - Mature trees, garden area, irrigation system on its own well, large deck, private park like setting with garden shed. Impressive 64x32 heated shop with 3 phase 220 amp power, in floor boiler heat, hoist, rough in for bathroom, over head doors. Ideal for hobbyists, mechanics, entrepreneurs, or collectors. additional 24x30 dual car garage attached to North entrance of home. A truly rare in-town acreage offering exceptional value, versatile and potential in the Heart of Drumheller. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Storage | 9.00 Ft x 11.00 Ft | |
| Laundry room | 8.00 Ft x 9.00 Ft | |
| Recreational, Games room | 28.00 Ft x 16.00 Ft | |
| Other | 16.00 Ft x 5.00 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 10.50 Ft x 13.00 Ft | |
| Other | 11.00 Ft x 14.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.33 Ft x 12.00 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 10.17 Ft x 11.17 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft | |
| Other | 12.00 Ft x 7.00 Ft | |
| Family room | 13.50 Ft x 14.00 Ft | |
| Other | 13.50 Ft x 15.00 Ft | |
| Dining room | 10.17 Ft x 12.00 Ft | |
| Living room | 13.50 Ft x 18.00 Ft | |
| 2pc Bathroom | .00 Ft x .00 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
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
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
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
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).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 Jun 18, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.