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1312 Reed BAY
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Prince Albert · Single Family · under $425,000 · 4+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Tucked away on a quiet cul-de-sac in Carlton Park, this raised bungalow backs onto green space and offers the kind of privacy that's hard to find. The log-look exterior and warm wood finishes set the tone the moment you arrive, and it carries right through into a home built for everyday family life. The main floor centers around a spacious eat-in kitchen with maple cupboards, a built-in china cabinet, and generous counter space, opening into a living room with vaulted ceilings and a striking log feature wall. Hunter Douglas blinds throughout the main level add a polished touch. A spiral staircase leads up to a quiet loft retreat, while sliding glass doors off the living space open to a sun room. The primary bedroom carries its own vaulted ceiling, with two additional bedrooms and an updated bath with a jacuzzi tub rounding out this level. Downstairs, the fully finished basement adds even more room to spread out: a large family room, two more bedrooms with good-sized windows, a 3-piece bath with a walk-in shower, plus a workshop and ample storage for whatever hobbies or projects come your way. Outside, the 22x24 insulated garage comes with a 9x12 attached storage shed, and the interlocking paving stone driveway extends into a patio area — ready for summer evenings. A unique property with real character, in a setting that's tough to beat. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 14'7" x 16'1" | |
| Bedroom | 9'1" x 12'0" | |
| Bedroom | 11'7" x 13'0" | |
| 3pc Bathroom | 6'4" x 4'11" | |
| Workshop | 10'10" x 15'6" | |
| Other | 9'1" x 10'0" | |
| Other | 5'7" x 13'8" | |
| Storage | 6'2" x 6'4" |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 6'0" x 9'6" | |
| Kitchen/Dining room | 11'5" x 19'3" | |
| Living room | 15'0" x 16'7" | |
| Sunroom | 7'3" x 14'6" | |
| Primary Bedroom | 11'0" x 17'5" | |
| Bedroom | 7'2" x 10'8" | |
| Bedroom | 8'9" x 10'6" | |
| 4pc Bathroom | 5'10" x 10'5" |
Loft
| Room | Dimensions | Features |
|---|---|---|
| Sunroom | 7'6" x 10'2" |
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
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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
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Insurance estimate
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Commute
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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).
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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 Jul 9, 2026.
Location of this listing. Distances are straight-line.
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