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104 Potts Bay
Beds
6
Baths
3
Sqft
1,509
Year
2005
Type
Single Family
On market
18d
Welcome to 104 Potts Bay, a beautifully updated bungalow tucked into a quiet cul-de-sac in the heart of Timberlea—one of Fort McMurray’s most sought-after family neighbourhoods. This spacious and well-designed home offers an ideal layout, featuring a bright main floor with two comfortable living rooms and a large open-concept kitchen complete with stainless steel appliances, abundant maple cabinetry, a generous island with breakfast bar, walk-in pantry, and a custom built-in china cabinet. The adjoining dining area is perfect for hosting, while the main level also includes a convenient two-piece powder room. Three well-sized bedrooms including a spacious primary suite with a walk-in closet and a luxurious ensuite featuring a corner jetted tub and separate shower.The fully developed & furnished walk-out basement offers incredible additional living space and flexibility, complete with a separate entrance, in-floor heating, a full kitchen, a large open living and dining area with oversized windows, three additional bedrooms, a full 4-piece bathroom, and a shared laundry area. With an abundance of natural light flowing through both levels, the home feels bright and inviting throughout.This property is being offered fully furnished and includes a wide range of household contents, furnishings, garage items, yard care equipment, and additional accessories—providing exceptional convenience and a true turnkey opportunity for buyers seeking a move-in ready home with added value.This property has seen a number of thoughtful updates, including new vinyl plank flooring (upper floor), fresh paint throughout the upper floor, a newer hot water tank (1yr), a newer dishwasher (1yr), as well as newer fridges (3yr) and washer (1yr). The home also features central air conditioning for year-round comfort. Outside, enjoy the lovely front veranda and tiered deck overlooking the backyard—both newly painted and ideal for relaxing or entertaining. The double attached garage has also been r efreshed with a newly painted floor and staircase, while the front driveway offers ample additional parking.Ideally located in Timberlea just minutes from Stonecreek, Eagle Ridge and all amenities including grocery stores, banking, restaurants, schools, parks, and easy access to Confederation Drive, this home also offers close proximity to over 120 km of scenic Birchwood trails. Combining space, functionality, recent updates, furnishings, and a prime location, this is an exceptional opportunity to own a versatile and truly move-in ready home. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.92 Ft x 10.83 Ft | |
| Bedroom | 10.08 Ft x 10.92 Ft | |
| Bedroom | 11.58 Ft x 10.33 Ft | |
| Bedroom | 12.83 Ft x 12.67 Ft | |
| Kitchen | 17.17 Ft x 15.17 Ft | |
| Laundry room | 6.00 Ft x 14.67 Ft | |
| Recreational, Games room | 17.25 Ft x 14.67 Ft | |
| Furnace | 8.58 Ft x 4.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 9.08 Ft x 5.42 Ft | |
| 4pc Bathroom | 10.42 Ft x 11.00 Ft | |
| Bedroom | 9.17 Ft x 10.33 Ft | |
| Bedroom | 9.67 Ft x 10.33 Ft | |
| Dining room | 12.50 Ft x 10.33 Ft | |
| Family room | 12.50 Ft x 10.17 Ft | |
| Kitchen | 16.33 Ft x 14.50 Ft | |
| Living room | 16.83 Ft x 17.42 Ft | |
| Primary Bedroom | 11.75 Ft x 16.50 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
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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
-1.11%
Cap rate
4.64%
GRM
13.8
Break-even rent
$3,510
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 Jun 2, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Fort McMurray. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.