We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
Swipe through similar matches — tap the heart to save, or open one for the full read.
109 Downey Place
Beds
4
Baths
3
Sqft
1,823
Year
1989
Type
Single Family
On market
27d
This spacious back-split layout is perfect for a family or shared living located on a corner lot. Vaulted ceilings and the open-concept kitchen create an inviting space for entertaining and everyday life. The upper level features a primary bedroom, an en-suite with steam shower, plus two additional bedrooms, and second bathroom offering privacy from the main living area. The lower level includes a beautiful wood-burning fireplace, fourth bedroom, third bathroom, and walkout access to the sunny south-facing deck and yard. The finished fourth level offers flexible living space with a wet bar. Attached garage includes shelving for storage and a work bench. With 4 levels and over 1,800 sq ft above grade, this home provides plenty of room to live, work, and relax. Located in the desirable community of Downey, just steps from schools, the pool, community centre, and everyday amenities. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.50 Ft x 13.33 Ft | |
| Bedroom | 10.92 Ft x 9.67 Ft | |
| Family room | 16.83 Ft x 18.92 Ft |
Basement
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 6.58 Ft x 13.25 Ft | |
| Recreational, Games room | 22.67 Ft x 28.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Dining room | 9.58 Ft x 18.67 Ft | |
| Kitchen | 15.50 Ft x 14.50 Ft | |
| Living room | 15.83 Ft x 16.67 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.75 Ft x 4.92 Ft | |
| 4pc Bathroom | 5.00 Ft x 7.92 Ft | |
| Bedroom | 9.67 Ft x 11.83 Ft | |
| Bedroom | 9.00 Ft x 9.58 Ft | |
| Primary Bedroom | 10.75 Ft x 15.75 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
-1.27%
Cap rate
4.61%
GRM
13.9
Break-even rent
$3,656
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 27, 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 Okotoks. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.