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Legal suite

$1,250,000

1542 Cedar Street

Beds

3

Baths

4.1

Sqft

Year

2023

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Custom-built in 2023, this modern mountain home on Selkirk Hill offers exceptional views and versatile living with a fully self-contained legal basement suite. Located at the base of Mount 7 trails and steps from town recreational fields, this home is designed for both lifestyle and function. The bright open-concept main level features large windows, a spacious kitchen with stainless steel appliances and island, and a covered deck capturing views toward Kicking Horse Mountain Resort, with an additional east-facing deck taking in Mount 7. Built to exceed current BC energy code standards, the home also includes central air conditioning through the forced air system serving the main and upper levels. Feature highlights include 2 propane fireplaces (one in each unit), wiring in place for a hot tub with a patio engineered to support it, a powered 11x11 storage shed with 50A RV hookup, and a rear deck with a propane connection for a fire table or BBQ. Additional features include hydronic in-floor heating in the suite, in-house laundry in both units, and a roughed-in central vacuum. The finished double garage includes propane and electric heater hookups along with 50A EV charging, plus ample on-site parking. A well-appointed home offering income potential, energy efficiency, and a prime Golden location. (id:65958)

Subtype
Single Family
Architectural style
Contemporary
Structure
House
Community
Golden
Common interest
Freehold
Living area
2,281 square feet
Lot size
0.18 acres
Lot dimensions
0.18
Parking
2 total
Stories
2
Fireplace
2
On market
Apr 13, 2026
Status changed
Apr 13, 2026
Annual tax
$7,704
Photos
96
MLS#
10383136
Area
GOLDEN

Features and systems

Parking

Attached GarageRV

Appliances

RefrigeratorCooktop - ElectricDishwasherMicrowaveHood FanWasher & Dryer

Heating

Forced airSee remarksOther

Cooling

Central air conditioning

Flooring

Vinyl

Roof

Asphalt shingleUnknown

Lot

Central islandTwo Balconies

View

Mountain view
Negative cash flow ~$1,225/mo at these assumptions

Cash on cash

-5.88%

Cap rate

4.71%

GRM

13.9

Break-even rent

$8,790

Financing

Down payment$250,000
Loan amount$1,000,000
Mortgage$6,135/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$573
Insurance$80
Maintenance$1,042
CapEx reserve$521
Vacancy loss$375

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

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

Mortgage estimate

Estimated $6,135/mo at 5.49% with 20% down, 25-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 13, 2026.

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