Welcome to 505 1st SE in the heart of Diamond Valley! This 3-bedroom bungalow built in 1966, is filled with character and ready for your vision. Architectural details such as large windows, open floor plan, hardwood flooring, built-in cabinetry and a cozy fireplace gives this home timeless charm. While it requires renovations, it offers a fantastic opportunity to restore and personalize a solid home in a desirable community. The main floor features a spacious living area, bright 4-piece bath and one bedroom. A charming cottage-style kitchen sits at the back of the home with convenient rear access. The fully developed basement expands the living space with a welcoming family room, two good-sized bedrooms, a 3-piece bath, laundry area and plenty of storage. Outdoors, enjoy a private front yard from the porch; or make use of the large, fully fenced - landscaped lot. The back lane access provides excellent potential for garage development. Nestled in the beautiful community of Diamond Valley, you’ll love being close to the hospital, schools, recreational facilities, and downtown amenities. This property is ideal for buyers seeking a project with great bones, abundant character and prime location.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
897 sq. ft.83.3 m2
Main Level Finished Area:
897 sq. ft.83.3 m2
Acreage:
No
Lot Area:
5,988 sq. ft.556 m2
Lot Frontage:
49'10¾"15.2 m
Front Exposure:
East
Levels:
One
Total Rooms Above Grade:
4
Year built:
1966
(Age: 59)
Bedrooms:
3
(Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
2
Bathrooms:
2.0
(Full:2, Half:0)
Plan:
5533EF
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Wood
New Constr.:
No
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Hardwood, Linoleum
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
No
Parking:
Off Street
Parking Places:
2
Parking Total/Covered:
2 /
-
Laundry Features:
In Basement
NONE
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
None
None Known
Floor
Type
Size
Other
Main Floor
Living Room
19'6"5.94 m × 13'5"4.09 m
Main Floor
Dining Room
12'5"3.78 m × 11'9"3.58 m
Main Floor
Kitchen
11'7"3.53 m × 10'4"3.15 m
Main Floor
Bedroom - Primary
14'5"4.39 m × 8'4"2.54 m
Basement
Family Room
14'2"4.32 m × 12'10"3.91 m
Basement
Storage
9'3"2.82 m × 6'1"1.85 m
Basement
Bedroom
10'11"3.33 m × 9'11"3.02 m
Basement
Bedroom
9'11"3.02 m × 9'9"2.97 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
Basement
No
3
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby
Interior Features:
Pantry, Storage
Exterior Features:
Garden, Private Entrance, Private Yard
Patio And Porch Features:
Front Porch
Lot Features:
Back Lane, Back Yard, Front Yard, Landscaped, Private, Rectangular Lot
Data was last updated September 15, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$589,900
Min list price:
$324,900
Max list price:
$1,098,000
Avg days on market:
25
Min days on market:
4
Max days on market:
371
Avg price per sq.ft.:
$476.54
These statistics are generated based on the current listing's property type
and located in
Diamond Valley. 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.