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Sherwood Park · Single Family · under $500,000 · 4+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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1017 McDermid DR
Welcome to the established community of Westboro in Sherwood Park! This air conditioned 1,392 sq.ft. bungalow offers a popular design with vaulted ceilings in the living & dining area with large windows. The kitchen has an abundance of cabinetry incl. a pull out pantry wall & st/st appl's. Down the hall, to the rare 4 bedrooms on the main floor, is separated by a pocket door (perfect sound barrier for families!) + main floor laundry & upgraded 4 pc bath & 2 pc ensuite in the primary bdrm. The basement has a 5th bdrm, a 3pc bathroom and is framed for a future rec rm, 6th bdrm or in-law suite offering additional hookups for washer/dryer! Step outside to enjoy this stunning & private backyard including a patio, large shed, RV parking with gate and mature trees perfect for relaxing or entertaining. The oversized single attached garage is a dream with workshop space and access to the manicured backyard. All situated on a pretty street close to schools, parks/ playgrounds, shopping, and transit! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 5 | 3.24 × 6.38 meters | |
| Recreation room | 4.85 × 5.81 meters |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 3.79 × 4.81 meters | |
| Dining room | 3.9 × 2.74 meters | |
| Kitchen | 3.79 × 3.22 meters | |
| Primary Bedroom | 4.08 × 4.28 meters | |
| Bedroom 2 | 3.56 × 2.71 meters | |
| Bedroom 3 | 2.71 × 3.19 meters | |
| Bedroom 4 | 2.48 × 4.25 meters |
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
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
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).
Cash on cash
6.48%
Cap rate
6.16%
GRM
11.3
Break-even rent
$2,792
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.
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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 May 28, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.