We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
2 Key Cove 2nd Street
Buyer alert automation
Get matching homes sent on your schedule. This uses this home's city, style, bedroom count, and price band as the starting filter.
Choose alert settings, then sign in
Joussard · Single Family · under $800,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
Alert speed
Send by
Watch for
Swipe through similar matches — tap the heart to save, or open one for the full read.
Looking to escape the hustle of the city and embrace peaceful country living? Welcome to this incredible 1.5-storey retreat on 2.67 acres in the sought-after lakeside community of Key Cove Estates in Joussard, where resort-style living becomes your everyday reality. This one-of-a-kind gated property is thoughtfully designed for comfort, entertaining, and multi-family living, featuring 3 bedrooms, 2 bathrooms, 2 loft living spaces, 2 full kitchens, 2 furnaces, 2 central vac systems, 2 A/C units, and 2 stunning wood-burning fireplaces. Step inside to a spacious entryway and unique layout. The left wing showcases an inviting open-concept living area with soaring wood-panelled vaulted ceilings, abundant natural light, and a beautiful wood-burning fireplace. The kitchen features a large island with eat-up bar, stone countertops, tile backsplash, and ample cabinetry. Off the dining area, enjoy a massive front deck perfect for BBQs and outdoor entertaining. This level also includes a bedroom and a beautifully finished bathroom with dual sinks and walk-in shower. Upstairs, a cozy loft bedroom overlooks the main living space and offers a walk-out balcony with tranquil backyard views, plus an additional bedroom. The right side of the home offers even more charm and functionality with an office overlooking the grand foyer, plus another stunning open-concept kitchen and living area featuring a massive island, skylight, contemporary finishes, and an antique wood-burning stove. The dining area opens onto a large balcony, creating seamless indoor/outdoor living. This side also includes a spacious primary bedroom with walk-in closet, luxurious 5-piece bathroom with dual sinks, and an additional loft-style bedroom upstairs. Outside is where this property truly shines with an oversized double-attached garage, massive 32x60 shop with concrete flooring, charming pine cabin guesthouse, separate 3-piece shower house, and an additional 10x20 garage currently set up as a workshop. Designed for outdoor living, the property also features a hot tub area, professionally finished concrete firepit and picnic area, beautiful rear patio, and gas BBQ hookups on both decks for effortless entertaining. Surrounded by mature trees and landscaped grounds, the property includes cherry trees, haskap bushes, raspberries, and a garden space. Residents of Key Cove Estates enjoy access to Hidden Shores Private Marina on Lesser Slave Lake, offering boating, fishing, and endless lakeside recreation. Whether you’re searching for a full-time residence, year-round getaway, or the perfect property for hosting family and friends, this dream lakeside acreage offers it all. Don’t miss your opportunity to own this incredible slice of paradise! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.17 Ft x 9.50 Ft | |
| Bedroom | 11.25 Ft x 11.00 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.25 Ft x 11.00 Ft | |
| Loft | 16.08 Ft x 17.00 Ft | |
| 5pc Bathroom | 9.00 Ft x 11.00 Ft | |
| Bedroom | 13.33 Ft x 12.17 Ft |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Loft | 16.08 Ft x 17.25 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).
Cash on cash
-6.73%
Cap rate
3.52%
GRM
16.7
Break-even rent
$4,512
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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.
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 May 27, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.