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103 3 Street S
Beds
4
Baths
4 full + 1 half
Sqft
2,235
Year
1987
Type
Single Family
On market
32d
Welcome to 103 3rd St South in the heart of Picture Butte’s sought-after “Brick Row” — a truly one-of-a-kind property tucked away on a quiet cul-de-sac and situated on a beautifully manicured oversized lot backing onto green space with rear alley access. This exceptional property offers the complete package: a stunning residence, attached double garage, detached shop, storage shed, home gym, and resort-style outdoor living designed for comfort, function, and entertaining.The immaculate yard showcases underground sprinklers connected to irrigation water, mature fruit trees and bushes, newly paved walkways, a covered composite deck with natural gas BBQ hookups, a dog run connected to the garage, and security cameras for added peace of mind. With no rear neighbors and peaceful green space behind, the outdoor setting feels private, spacious, and serene. Pride of ownership is evident in every inch of this property.Inside, the extensively updated home blends modern convenience with timeless style. The renovated kitchen features a farmhouse sink, granite countertops, stylish cabinetry, premium appliances, a mini fridge built into the island, and smart light switches throughout the home. The updated laundry/mud room is both functional and beautiful with herringbone tile flooring and a built-in dog wash station.Comfort and efficiency are top priorities with a rebuilt water-on-demand system (2025), high-efficiency furnace, smart thermostat, central A/C, central vacuum, and even a cell booster to keep you connected.The primary suite is a private retreat complete with built-in wardrobes, a beautiful ensuite, and a private balcony overlooking the incredible backyard and green space.The detached shop is a dream setup for hobbyists, mechanics, or collectors — equipped with a chain lift, welding hookups, and ample room for two project vehicles. At the front of the shop, you’ll find an impressive home gym featuring a $30,000 swim spa and a smart humidity-control system for year -round enjoyment.The basement offers substantial storage space, including cold storage, and for those with an adventurous side… there’s even a hidden secret room on the third level waiting to be discovered.Properties like this rarely come to market. Call your favorite REALTOR® today and get into this incredible home quickly! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 13.50 Ft x 11.92 Ft | |
| Living room | 12.33 Ft x 16.25 Ft | |
| Storage | 27.67 Ft x 7.75 Ft | |
| Storage | 15.00 Ft x 12.00 Ft | |
| Storage | 9.42 Ft x 8.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Family room | 12.92 Ft x 13.00 Ft | |
| Kitchen | 14.08 Ft x 13.00 Ft | |
| Dining room | 8.58 Ft x 13.00 Ft | |
| Other | 11.50 Ft x 18.17 Ft | |
| Other | 11.75 Ft x 8.25 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | .00 Ft x .00 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Primary Bedroom | 12.58 Ft x 23.08 Ft | |
| Bedroom | 12.67 Ft x 13.33 Ft | |
| Bedroom | 15.58 Ft x 11.50 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
-0.95%
Cap rate
4.67%
GRM
13.9
Break-even rent
$4,754
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 26, 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 Picture Butte. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.