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108 Kodiak Crescent
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Beds
4
Baths
3 full + 1 half
Sqft
1,340
Year
2001
Type
Single Family
On market
13d
Welcome to this immaculately maintained half duplex located in the highly desirable Bear Ridge community in Timberlea — a perfect opportunity for first-time buyers, young families, or investors seeking comfort, functionality, and exceptional value. This move-in-ready home offers freshly painted walls, roof was done in 2023, attractive curb appeal with a double concrete front driveway, beautifully completed front and rear landscaping, and an extended side deck ideal for outdoor relaxation and entertaining.The fully fenced backyard provides plenty of room for children, pets, and summer gatherings, and features a spacious rear deck for your BBQ, as well as an exposed aggregate patio that adds both style and durability to the outdoor space.Step inside to discover a bright and welcoming interior highlighted by elegant bay windows in both the living room and the spacious primary bedroom upstairs, allowing for an abundance of natural light throughout the home. The cozy gas fireplace with a built-in TV alcove creates a warm and inviting atmosphere, perfect for relaxing evenings with family and friends.The thoughtfully designed kitchen offers a user-friendly centre island, pantry, ample cabinetry, and functional workspace, making meal preparation and entertaining effortless. A convenient main floor powder room combined with laundry adds everyday practicality and convenience.Upstairs, you’ll find three comfortable bedrooms and a full bathroom, offering plenty of space for a growing family. The basement includes a separate rear entrance, providing excellent potential for future development, additional living space, or income-generating possibilities.Additional highlights include all appliances as listed, window coverings, rough-ins already in place, and low-maintenance living with condo fees of only $100/month — among the lowest in the city. Ideally situated close to schools, parks, walking trails, shopping, and all major amenities, this well-cared-for home truly com bines affordability, location, and lifestyle in one exceptional package.Pride of ownership is evident throughout — simply move in and enjoy everything this wonderful property has to offer. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.17 Ft x 7.42 Ft | |
| Bedroom | 10.08 Ft x 14.92 Ft | |
| Recreational, Games room | 13.75 Ft x 18.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.50 Ft x 6.17 Ft | |
| Dining room | 9.92 Ft x 9.83 Ft | |
| Kitchen | 9.92 Ft x 9.25 Ft | |
| Living room | 20.42 Ft x 12.50 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.08 Ft x 7.75 Ft | |
| Bedroom | 12.17 Ft x 9.33 Ft | |
| Bedroom | 12.08 Ft x 9.33 Ft | |
| Primary Bedroom | 15.83 Ft x 15.17 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
11.29%
Cap rate
7.12%
GRM
10.1
Break-even rent
$2,207
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 31, 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.