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Reduced $10,100 (3%) from $330,000
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107 Bear Paw Drive
Beds
4
Baths
4 full + 1 half
Sqft
1,342
Year
2001
Type
Single Family
On market
43d
Welcome to the house that checks the boxes without breaking the bank. 107 Bear Paw Drive is calling your name, and yes, it is going to be a fun one.Tucked into Timberlea, one of Fort McMurray's most loved family neighbourhoods, this two storey detached home gives you room to grow, space to play, and a yard to call your own. Parks are just a short walk away. Schools, shopping & everyday stops are all close by. This is the kind of street where kids learn to ride bikes & neighbours wave when you pull into the driveway.Step inside and the main floor is ready to welcome you home. A cozy living room sits front & centre with a fireplace for chilly Fort Mac nights & a bay window that pulls in all the good light. The kitchen is simple & easy to use, and it opens right into the dining room so no one is stuck cooking alone. A window off the dining area looks out to the back deck, which means dinner with a view of the yard year round. A 2PC bath on the main floor keeps things convenient for guests & quick pit stops.Head upstairs & you will find three bedrooms, including a primary bedroom that comes with its own 4PC ensuite & windows looking out over the street. Two more bedrooms share the upstairs 4PC main bath, giving the kids or guests their own zone away from mom & dad.Now for the bonus round. The basement is fully developed & ready to work hard for your family. A fourth bedroom, a 4PC bathroom, and a rec room with a small kitchenette make this space perfect for a teen hangout, a guest suite setup, or movie nights that run late. The utility room holds a second washer & dryer, so laundry day never piles up.Out back, the fenced yard gives the kids & pets room to run, and the deck is ready for summer suppers, morning coffee, or hosting the crew for a backyard BBQ. The front yard keeps things simple with a tidy lawn & one shade tree doing its job. Driveway parking means no fighting for a spot after a long shift.This home is a beautiful fit for first time buyers looking to plant roots, growing families who need that fourth bedroom, & handy homeowners who want a solid place to put their own stamp on. Bring your paint swatches & your big ideas. With condo fees of $241.23 the bones are here & the location is hard to beat.Timberlea living at a price that makes sense, in a home that has space for every chapter ahead.Check out the detailed floor plans where you can see every sink & shower in the home and our 360 tour. Are you ready to say yes to this address? (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.67 Ft x 8.83 Ft | |
| Other | 2.75 Ft x 5.83 Ft | |
| Bedroom | 9.92 Ft x 17.75 Ft | |
| Recreational, Games room | 19.50 Ft x 17.75 Ft | |
| Furnace | 10.58 Ft x 8.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.33 Ft x 6.00 Ft | |
| Dining room | 10.00 Ft x 8.75 Ft | |
| Kitchen | 10.00 Ft x 10.17 Ft | |
| Laundry room | 5.67 Ft x 7.58 Ft | |
| Living room | 20.42 Ft x 12.58 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.83 Ft x 7.58 Ft | |
| 4pc Bathroom | 6.92 Ft x 6.58 Ft | |
| Bedroom | 12.67 Ft x 9.33 Ft | |
| Bedroom | 11.92 Ft x 9.25 Ft | |
| Primary Bedroom | 15.58 Ft x 11.92 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
15.60%
Cap rate
7.98%
GRM
9.2
Break-even rent
$2,024
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.
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 24, 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.