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10, 1342 Township Road 361
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Beds
3
Baths
3 full + 1 half
Sqft
1,286
Year
1985
Type
Single Family
On market
36d
Country living with town convenience. Set on over 3 acres, this beautifully updated bungalow offers the perfect blend of comfort, space, and functionality. Inside, you’ll find newer flooring throughout, an updated kitchen, and convenient main-floor laundry that could easily be converted back into a bedroom or flex room. The spacious living room opens onto a large wraparound deck overlooking the mature, private yard—an ideal setting for relaxing or entertaining. The main floor also features a generous entry with mudroom and two updated bathrooms. Downstairs, the fully finished basement offers two additional bedrooms, a home office or potential fourth bedroom, and a large family/rec room highlighted by a cozy gas fireplace. Outside, this property is exceptionally well equipped with an attached garage plus carport, a 40' x 48' shop, two greenhouses, a seacan for extra storage, and a horse pasture with shed—perfect for hobby farming, home-based projects, or storing all your toys. Recent upgrades include an H2O2 peroxide water treatment system, central air conditioning, hot water heater, siding, shingles, windows, septic pump, well pump, and chain-link fencing. A rare opportunity to enjoy modern updates, incredible outbuildings, and peaceful acreage living just minutes from town. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.50 Ft x 10.00 Ft | |
| Bedroom | 9.00 Ft x 12.25 Ft | |
| 2pc Bathroom | 4.75 Ft x 5.00 Ft | |
| Office | 6.58 Ft x 8.17 Ft | |
| Recreational, Games room | 13.67 Ft x 17.67 Ft | |
| Family room | 12.08 Ft x 12.25 Ft | |
| Furnace | 10.00 Ft x 10.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 9.08 Ft x 12.92 Ft | |
| Dining room | 10.00 Ft x 12.83 Ft | |
| Living room | 14.25 Ft x 17.58 Ft | |
| Laundry room | 8.92 Ft x 9.92 Ft | |
| 4pc Bathroom | 6.08 Ft x 8.83 Ft | |
| Primary Bedroom | 12.33 Ft x 12.83 Ft | |
| 3pc Bathroom | 8.75 Ft x 8.67 Ft | |
| Other | 5.17 Ft x 19.92 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 29, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Red Deer County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.