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108245 Range Road 124A
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Beds
2
Baths
1
Sqft
1,370
Year
2018
Type
Single Family
On market
12d
This property is such a unique opportunity and we are excited to share it with you. The home offers a very spacious comfortable living, kitchen and dining area! Above the kitchen is a nice loft/bedroom that adds a great amount of square footage and adds usability. There are also 2 good sized bedrooms and a large bathroom. Overall the home is finished nicely and is a very comfortable well take care of property. There is also a 12x25' 3 season room that is insulated with spray foam and has the potential to be finished into a part of the home. The home was carefully built with a ICF footing/foundation. And the walls are spray foamed and the overall build was carefully done. The detached 32x60' shop is a great touch and once again is meticulously built and cared for. Finished on every side with tin, insulated with spray foam, is heated, has a drain, has 2 potential exchange/vent fans and offer a great space for a variety of work. The home also has an additional are where you could add a second property that has its own sewer, cistern and power. A great opportunity to live with family or get rental income. The home has its own 3000 gallon cistern, pump out sewer, power and natural gas. This property is 19+ partially treed acres and is located a couple of minutes from Fort Vermilion. Come take a look to appreciate this home, shop and land. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.50 Ft x 11.00 Ft | |
| Bedroom | 11.25 Ft x 11.25 Ft | |
| Primary Bedroom | 15.25 Ft x 11.50 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Loft | 10.00 Ft x 20.00 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
-6.82%
Cap rate
3.50%
GRM
16.7
Break-even rent
$3,965
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 29, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Mackenzie County. 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.