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Investment signal

$750,000

1381 3B Highway

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Beds

Baths

Sqft

—

Year

1964

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Warfield. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

3 HOUSES ON 2.9 PRIVATE ACRES in Warfield. An exceptional opportunity offering three homes on one property, creating outstanding value and flexibility. Two of the residences are move-in ready, while the third is under construction, allowing the new owner to add instant equity or customize the final finishes. The first home offers 938 sq ft with 1 bedroom and 1 bathroom, ideal for guests, rental income, or extended family. The second residence features 1,719 sq ft of living space, providing comfortable full-time living. The third home is a substantial 2,398 sq ft residence with a double-car garage, offering generous space and excellent future potential once completed. A 300 sq ft detached shop adds even more functionality for storage, hobbies, or projects. The property is well-equipped with two water sources—a private well and an artesian well, both connected—ensuring reliable water supply. Set on very private acreage and surrounded by land owned by Teck Cominco, the property offers exceptional seclusion with no immediate neighbours. Ideally located just outside Warfield, this property is minutes from Redstone Golf Resort and Red Mountain Ski Resort, combining rural privacy with easy access to world-class recreation and amenities. With multiple dwellings, strong privacy, excellent water supply, and a prime location, this property offers incredible value and endless possibilities—perfect for multi-generational living, rental income, or a private retreat. (id:65958)

Subtype: Single Family
Architectural style: Ranch
Structure: House
Community: Trail Rural
Common interest: Freehold
Living area: 2,657 square feet
Lot size: 2.9 acres
Lot dimensions: 2.9
Parking: 480 total
Stories: 1
On market: Jan 14, 2026
Status changed: Apr 16, 2026
Annual tax: $3,575.43
Photos: 98
MLS#: 10372814
Area: WARFIELD

Features and systems

Parking

Attached Garage

Heating

Baseboard heatersElectric

Exterior

Stucco

Flooring

Mixed Flooring

Roof

Asphalt shingleUnknown

Community

Pets Allowed

Negative cash flow ~$839/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.71%

Cap rate

3.52%

GRM

16.7

Break-even rent

$4,633

Financing

Down payment$150,000

Loan amount$600,000

Mortgage$3,040/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$344

Insurance$80

Maintenance$625

CapEx reserve$313

Vacancy loss$188

Estimates 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.

Mortgage estimate

Estimated $3,040/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.