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158 SPEARGRASS Crescent
Beds
4
Baths
4
Sqft
1,625
Year
2025
Type
Single Family
On market
126d
Brand-New Walkout Bungalow Backing on the 11th Green at Speargrass Golf Course. Experience luxury living in this beautifully crafted 4-BEDROOM, 4-BATHROOM DESIGNER BUNGALOW, offering over 3,100 sq. ft. of exquisite, thoughtfully designed space. Ideally located just 40 minutes east of Calgary, this stunning walkout home backs directly onto the 11th green of the Speargrass Golf Course and boasts a TRIPLE ATTACHED GARAGE with soaring 11 FT CEILINGS and 9 FT DOORS. Step through the impressive 42” FRONT DOOR into a bright, open-concept layout enhanced by PREMIUM WOOD LAMINATE AND TILE FLOORING. The gourmet kitchen is a true showstopper, featuring QUARTZ COUNTERTOPS, CUSTOM CABINETRY, DESIGNER BACKSPLASH, A LARGE ISLAND, HIGH-END APPLIANCES, AND A SPACIOUS PANTRY. The open DINING AREA, accented by STRIKING LIGHT FIXTURES, is ideal for hosting, while the INVITING LIVING ROOM with a sleek ELECTRIC FIREPLACE provides a cozy setting for everyday comfort. Step out to the COVERED UPPER DECK, finished with DURADEK and GLASS RAILINGS, perfect for BBQs and enjoying the panoramic golf course views. The primary suite is a luxurious retreat, complete with a SPA-INSPIRED ENSUITE featuring a massive tiled shower and dual sinks. A spacious second bedroom, full bathroom, and mudroom with custom bench and cabinetry enhance the main level, along with a large laundry room offering a deep sink, custom cabinetry, and side-by-side washer and dryer. The FULLY DEVELOPED WALKOUT BASEMENT is an entertainer’s dream with a wet bar, second fireplace, two additional bedrooms, two full bathrooms, and direct access to the beautifully landscaped backyard with retaining walls and sweeping golf course views. Built with quality and durability in mind, this home features Hardie board siding, Lux triple-pane aluminum-clad windows, central air conditioning, LED lighting, Level 4 impact-resistant shingles, fireguard drywall, Rockwool insulation, and 8-foot interior doors throughout. Don’t miss this rare opportu nity to own a stunning home in an unbeatable location—book your private showing today! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 16.50 Ft x 29.92 Ft | |
| Bedroom | 16.42 Ft x 11.92 Ft | |
| Bedroom | 13.67 Ft x 12.83 Ft | |
| Bonus Room | 5.67 Ft x 12.17 Ft | |
| 5pc Bathroom | — | |
| 3pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 25.42 Ft x 14.92 Ft | |
| Dining room | 10.83 Ft x 12.50 Ft | |
| Kitchen | 14.25 Ft x 12.50 Ft | |
| Primary Bedroom | 12.83 Ft x 16.08 Ft | |
| Bedroom | 11.58 Ft x 11.33 Ft | |
| Laundry room | 8.17 Ft x 12.42 Ft | |
| Other | 5.58 Ft x 9.17 Ft | |
| 5pc Bathroom | — | |
| 4pc Bathroom | — |
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
-0.87%
Cap rate
4.69%
GRM
13.9
Break-even rent
$5,537
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.
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 26, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Carseland. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.