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Drake · Single Family · under $200,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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324 Norreys STREET
Looking for a place to call your own with great upside potential? This bungalow is situated on a .7 acre lot on the edge of Drake. Step in the side entrance to a mud room perfect for a busy family. From there, access the basement, hallway to bedrooms/bathroom, or the kitchen/dining room. Kitchen has plenty of workspace and natural light from the south facing windows. Dining area has lots of room for family meals or entertaining. Continue to the huge living room, a huge space to relax. 3 bedrooms and a full bath complete the main level. Basement houses a large laundry/utility room and lots of room to finish as you wish. The yard is like your own private park, with tons of room to play, garden or relax. The icing on the cake is the 2 story garage/shop perfect for the hobby mechanic or craftsman with 3 bays and a concrete floor. Drake has a k-8 school, sports plex arena, insurance office and is the original home of Drake Meats. An easy commute to Lanigan or the Nutrien Lanigan or BHP Jansen mines, and just 25 min from Watrous and Manitou Beach. Call today for your private viewing! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | — | |
| Other | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen/Dining room | 11 × 19 feet | |
| Living room | 14 × 22 feet | |
| Enclosed porch | 7 × 8 feet | |
| Bedroom | 9 × 9.5 feet | |
| Bedroom | 9 × 12 feet | |
| 4pc Bathroom | 9 × 5 feet | |
| Primary Bedroom | 14 × 12 feet |
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 11, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.