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124 Crown Creek Lane
Home Sweet Home! Centrally located in Timberlea you will love this home the minute you lay eyes on it. Walk up to the covered deck and step inside to the entrance leading to the front living room. Past the living room is the open concept kitchen, dining and family room. The kitchen boasts Quartz counter tops and stainless steel appliances, while the family room features a gas fire place. As an added bonus, the back entrance offers a boot room. Also located on this level is a 2 piece bathroom and laundry room. Upstairs are 3 bedrooms including the primary bedroom with 4 piece en-suite and walk-in closet. The main 4 piece bathroom is conveniently located outside bedrooms 2 and 3. The basement boasts a rec room, 4th bedroom and 2 piece bathroom. Outside is a beautiful and fully fenced yard with artificial grass (NO MOWING) and shed that backs on to the alley with an overhead door, so you can store your toys. Next to the shed is a parking space. This home had new flooring installed in 2024 and the house was freshly painted in 2025. As an added bonus, this home has central air (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Recreational, Games room | 18.33 Ft x 26.92 Ft | |
| Bedroom | 10.00 Ft x 13.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Living room | 16.17 Ft x 12.75 Ft | |
| Kitchen | 10.50 Ft x 11.92 Ft | |
| Dining room | 10.50 Ft x 9.17 Ft | |
| Family room | 11.75 Ft x 14.42 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 18.75 Ft x 15.92 Ft | |
| Bedroom | 9.08 Ft x 11.17 Ft | |
| Bedroom | 9.00 Ft x 11.83 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| 3pc Bathroom | .00 Ft x .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
0.33%
Cap rate
4.93%
GRM
13.2
Break-even rent
$2,874
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 13, 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.