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4801 42 Street
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Lloydminster · Single Family · under $250,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to this well-maintained bungalow offering outstanding value for first-time buyers, young families, downsizers, or investors. Situated on a spacious corner lot, this 3-bedroom, 2-bathroom home combines functional living space, a great yard, and excellent potential at an affordable price point. The bright main floor features a spacious front living room highlighted by a large picture window that brings in plenty of natural light, updated flooring throughout, neutral modern tones, and a roomy eat-in kitchen with ample cabinetry and great storage. Two comfortable main floor bedrooms and a full bathroom complete the upper level. The partially developed basement adds excellent additional living space with a large family room, third bedroom, dedicated laundry area, generous storage space, and a mostly finished 3-piece bathroom with a shower that just needs a few final finishing touches to complete. The rear mudroom entrance adds everyday convenience and practical, separate access. Outside, you’ll appreciate the fully fenced, oversized yard with mature trees for added privacy, a rear deck, storage shed, side access, and plenty of room for future garage development if desired. The corner lot location also offers added parking flexibility and strong curb appeal. Priced at just $239,777, this home is clean, functional, and offers excellent value with room to add your own finishing touches and build additional equity. Check out the 3D virtual tour. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 6.83 Ft x 4.92 Ft | |
| Bedroom | 13.17 Ft x 11.00 Ft | |
| Laundry room | 13.92 Ft x 11.00 Ft | |
| Family room | 19.08 Ft x 11.00 Ft | |
| Furnace | 15.33 Ft x 11.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 7.67 Ft | |
| Bedroom | 14.58 Ft x 11.25 Ft | |
| Bedroom | 13.92 Ft x 7.67 Ft | |
| Kitchen | 14.92 Ft x 15.00 Ft | |
| Living room | 19.75 Ft x 11.33 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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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
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Monthly carrying cost
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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).
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 1, 2026.
Location of this listing. Distances are straight-line.
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