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12 Clover Lane
Situated on a quiet, well-treed 2-acre parcel in the heart of Springbank, this tastefully renovated 4-bedroom, 2.5-baths bungalow offers the privacy & lifestyle of acreage living while remaining just minutes from city amenities.A sweeping concrete driveway welcomes you to the property, providing ample parking & access to the triple attached garage with in-floor heating. Inside, the home opens to a bright, open-concept main floor extensively renovated in 2018. Wide-plank engineered hardwood flooring flows throughout the main living area, highlighted by a stunning chef's kitchen featuring extensive cabinetry, two large islands, stone countertops, a 6-burner dual-fuel gas range, custom hood fan, & a full suite of stainless-steel appliances.The adjoining dining area & spacious living room create an ideal space for entertaining & everyday living, centered around a warm gas fireplace. French doors off the eating nook lead to an exceptional rear deck complete with a custom pergola built in 2019, glass railings, and a swing overlooking the private backyard & surrounding acreage.The primary suite provides a comfortable retreat with a large walk-in closet & a luxurious 5-piece ensuite featuring dual sinks, a soaker tub, & a glass shower. A second main-floor bedroom, currently used as an office, offers flexibility for family or guests. Completing the main floor is a spacious laundry and mudroom conveniently located off the garage.The triple attached garage features high ceilings with room for a vehicle lift, in-floor heating, & durable pallet racking for exceptional storage.The fully developed lower level is warmed by zoned in-floor heating throughout. Large windows fill the space with natural light, creating a bright recreation & entertainment area. A dedicated media room offers endless possibilities for movie nights, gaming, or a home gym. The lower level also includes two additional bedrooms, one with a large walk-in closet & direct access to the 5-piece bathroom throu gh a pocket door, along with abundant storage & a utility room.Outside, the beautifully maintained grounds feature mature trees, expansive lawn areas, & a private exposed aggregate concrete firepit area perfect for enjoying summer evenings with family & friends.Recent upgrades include a new roof (2025), new furnace & boiler (2020), new hot water tank (2026), most windowpanes replaced, underground sprinklers, invisible pet fence, fenced dog run with direct garage access, & the CHIC Advanced Exterior Coating System with lifetime warranty.Located just 5 minutes from the new Bingham Crossing development & close to highly regarded Springbank schools, this property combines privacy, convenience, & the benefits of acreage living with easy access to everyday amenities. Rarely does a property offer this combination of a renovated family home, triple attached garage, beautifully maintained 2-acre setting, & the sought-after Springbank lifestyle in one of the area's most desirable locations. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.83 Ft x 13.00 Ft | |
| Bedroom | 13.50 Ft x 10.42 Ft | |
| Other | 6.00 Ft x 7.33 Ft | |
| 5pc Bathroom | 10.08 Ft x 11.58 Ft | |
| Recreational, Games room | 11.08 Ft x 16.42 Ft | |
| Other | 21.75 Ft x 23.08 Ft | |
| Furnace | 13.08 Ft x 12.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 8.50 Ft x 12.50 Ft | |
| Dining room | 12.58 Ft x 13.08 Ft | |
| Kitchen | 14.08 Ft x 15.00 Ft | |
| Breakfast | 13.00 Ft x 14.25 Ft | |
| Living room | 14.92 Ft x 16.25 Ft | |
| Laundry room | 9.33 Ft x 9.58 Ft | |
| 2pc Bathroom | 5.92 Ft x 4.92 Ft | |
| 5pc Bathroom | 13.58 Ft x 7.08 Ft | |
| Other | 6.83 Ft x 7.17 Ft | |
| Primary Bedroom | 18.08 Ft x 13.58 Ft | |
| Bedroom | 12.17 Ft x 12.17 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
-0.66%
Cap rate
4.73%
GRM
13.9
Break-even rent
$10,090
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.
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 18, 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.