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117 Gray Close
Beds
3
Baths
2
Sqft
1,035
Year
2025
Type
Single Family
On market
52d
Immediate possession available on this brand new bungalow by L&S Developments—an ideal fit for first-time buyers or those looking to downsize. Enjoy your morning coffee on the inviting 20’ x 8’ covered front porch before stepping into a spacious foyer with warm-toned vinyl plank flooring that flows into the open-concept main living area. Vaulted ceilings and large windows create a bright, airy feel throughout. The kitchen is both stylish and functional, featuring white shaker cabinetry, a striking navy centre island with eating bar, quartz countertops, cabinet pantry, garbage and recycling pullouts, stainless steel appliances, and chrome fixtures. The dining area offers access to a 7’ x 8’ rear deck through sliding patio doors to west facing yard. The primary bedroom comfortably accommodates a king-sized bed and includes a sleek black ceiling fan. A second bedroom provides flexible space for guests or a home office, with cozy carpet in both bedrooms. The main floor also includes a full 4-piece bathroom and convenient laundry. The basement is developed offering a large family room, additional bedroom, exercise space, 4pce bathroom and a huge storage space. Outside, the front yard is landscaped with sod and a concrete sidewalk, while the backyard is sod and a 2 stall gravel parking pad. Located in the growing community of Grayhawk in northwest Sylvan Lake, this home offers easy highway access and is just minutes from the lake, golf course, and all local amenities. The neighborhood will feature future commercial and school site, along with walking paths, parks, playgrounds, and a pond—perfect for enjoying nature and wildlife in a vibrant new community. GST is included (rebate to builder). 1-2-5-10 Year New Home warranty. Taxes to be assessed. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 18.17 Ft x 14.50 Ft | |
| Bedroom | 11.00 Ft x 12.00 Ft | |
| Other | 9.50 Ft x 9.67 Ft | |
| 4pc Bathroom | 5.00 Ft x 10.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.00 Ft x 12.00 Ft | |
| Dining room | 11.00 Ft x 8.00 Ft | |
| Kitchen | 11.50 Ft x 8.00 Ft | |
| Primary Bedroom | 11.00 Ft x 12.00 Ft | |
| Bedroom | 10.00 Ft x 9.83 Ft | |
| 4pc Bathroom | 9.50 Ft x 5.50 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).
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 25, 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 Sylvan Lake. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.