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Saprae Creek · Single Family · under $1,100,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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112 Conifer Way
Welcome to SAPRAE CREEK ESTATES, an EXCLUSIVE and EXECUTIVE subdivision located just minutes from Downtown Fort McMurray. This incredible property offers the perfect blend of PRIVACY, SPACE, and COUNTRY LIVING while still being close to all city amenities.Situated on an almost 2 ACRE lot in a quiet CUL DE SAC, this property features a MASSIVE DRIVEWAY with parking for up to 20 VEHICLES, making it ideal for families, entertaining, RV parking, toys, or future development plans.A rare opportunity to BUILD YOUR DREAM HOME in one of Fort McMurray’s most desirable estate communities. Surrounded by stunning natural beauty and scenic views, this property offers endless possibilities for the savvy buyer.The basement can be developed and finished as per the buyer’s requirements for an additional cost and has potential for a LEGAL SUITE (A secondary suite would be subject to approval and permitting by the city/municipality). There is also possibility to build a DETACHED GARAGE with a LEGAL SUITE ABOVE, (A secondary suite would be subject to approval and permitting by the city/municipality)Enjoy peaceful living with plenty of room to grow, entertain, and create your own private oasis.Close to trails, outdoor recreation, and all amenities, this property offers the best of both worlds, tranquil country style living with quick access to downtown Fort McMurray.Don’t miss this unique opportunity to own in prestigious SAPRAE CREEK ESTATES.Disclosure: RMS measurements and pictures are for demo purposes only. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 24.00 Ft x 17.17 Ft | |
| Kitchen | 14.42 Ft x 13.67 Ft | |
| 2pc Bathroom | 7.08 Ft x 5.25 Ft | |
| Dining room | 24.83 Ft x 17.17 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.75 Ft x 13.00 Ft | |
| 5pc Bathroom | 12.33 Ft x 10.75 Ft | |
| Primary Bedroom | 14.42 Ft x 13.67 Ft | |
| Bedroom | 11.75 Ft x 13.00 Ft | |
| 4pc Bathroom | 5.00 Ft x 7.58 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
-0.85%
Cap rate
4.69%
GRM
13.9
Break-even rent
$6,149
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 28, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.