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101 Park Drive
Beds
6
Baths
4 full + 1 half
Sqft
2,365
Year
1993
Type
Single Family
On market
235d
This beautifully crafted 6-bedroom home commands attention from the moment you arrive. A true storybook residence with timeless appeal, it sits proudly in one of the area’s most prestigious neighbourhoods—backing directly onto the park for exceptional privacy and views.Step through the grand front entrance into a warm and welcoming space where craftsmanship meets comfort. The main level offers a front office or den, a large formal dining room, and an open kitchen with a breakfast area overlooking the private backyard. The adjoining living room is bright and inviting—perfect for gathering with family or entertaining friends. A convenient 2-piece bath sits near the side entry and heated garage, along with a full laundry room down the hall.Upstairs, you’ll find four generous bedrooms. The primary suite is a true retreat, with a peaceful view of the backyard, a soaker tub, separate shower, water closet, and walk-in closet. Hardwood flooring and rich wood windows throughout add warmth and character.The walkout basement extends the living space with a spacious family and games area, two additional bedrooms, a full bath, and a mechanical room. All plumbing lines have been updated to PEX October 2025. Step outside to your private outdoor oasis—complete with a cobblestone patio, relaxing hot tub, fire pit area, two sheds, and even a treehouse.This is a home built to be admired—and to be lived in, with beauty and function that stands the test of time. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 24.00 Ft x 11.00 Ft | |
| Bedroom | 10.00 Ft x 12.00 Ft | |
| Bedroom | 13.50 Ft x 12.00 Ft | |
| 4pc Bathroom | — | |
| Furnace | 14.00 Ft x 11.00 Ft | |
| Storage | 11.00 Ft x 2.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 12.00 Ft x 12.00 Ft | |
| Office | 12.00 Ft x 12.00 Ft | |
| Dining room | 12.00 Ft x 12.00 Ft | |
| Other | 20.00 Ft x 16.00 Ft | |
| Living room | 12.00 Ft x 16.00 Ft | |
| 2pc Bathroom | — | |
| Laundry room | 11.00 Ft x 6.00 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.50 Ft x 9.00 Ft | |
| Bedroom | 8.50 Ft x 14.00 Ft | |
| Bedroom | 10.50 Ft x 10.50 Ft | |
| 4pc Bathroom | — | |
| 4pc Bathroom | — | |
| Primary Bedroom | 16.50 Ft x 12.00 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).
Cash on cash
-0.97%
Cap rate
4.67%
GRM
13.9
Break-even rent
$4,627
Financing
Operating expenses (monthly)
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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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Whitecourt. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.