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185043A Range Road 235
AIR CONDITIONING | WALKOUT BASEMENT WITH KITCHENETTE | 2.99 ACRES | NEW SHINGLES & GUTTERS (2025) | ULTIMATE PRIVACY. Welcome to your own piece of paradise. Tucked among mature trees on 2.99 acres, this beautifully maintained property offers the privacy, space, and flexibility that acreage buyers are searching for—all within minutes of Milo and a short drive to Lake McGregor. With 3,600+ sqft of developed living space, this fully finished two-storey home has been thoughtfully updated and carefully cared for. The charming front porch welcomes you into a bright, open-concept main floor where large windows fill the home with natural light. The kitchen offers stainless steel appliances, ample cabinetry, a corner pantry, and an eat-up bar that flows seamlessly into the dining and living areas. The living room is centred around a cozy gas fireplace, creating a warm and inviting gathering space. The dining area provides direct access to the upper deck overlooking the private yard, while the main floor is completed by a spacious office with glass french doors, convenient laundry room, mud room, powder room, and access to the oversized heated double attached garage. Upstairs, you'll find a large bonus room, three bedrooms, and a full bathroom. The generous primary retreat features a walk-in closet and a spacious ensuite complete with a double vanity, jetted soaker tub, and separate shower. The recently finished walkout basement adds incredible versatility to the home. Offering a 4th bedroom, full bathroom, large family room, kitchenette, and separate exterior access, the space is ideal for extended family, guests, multigenerational living opportunities, or a mortgage helper. Outside, the mature trees create exceptional privacy while the flat, usable acreage offers endless possibilities for recreation, gardening, hobbies, or simply enjoying the peaceful surroundings. The property is serviced by a productive 10 GPM well and has seen numerous recent upgrades, including new shin gles and gutters (2025), two new air conditioning units (2025), water softener, iron filter, reverse osmosis system (2025), and new garage door opener. Just 13 minutes from Lake McGregor, you'll enjoy easy access to boating, fishing, swimming, and year-round recreation while still being conveniently located near schools, shopping, and amenities. Acreage properties that offer this level of privacy, recent upgrades, functional living space, and proximity to recreation are becoming increasingly difficult to find. Come experience it for yourself. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.83 Ft x 11.17 Ft | |
| Bedroom | 12.08 Ft x 12.33 Ft | |
| Kitchen | 10.67 Ft x 7.92 Ft | |
| Recreational, Games room | 22.92 Ft x 35.08 Ft | |
| Furnace | 3.83 Ft x 11.33 Ft | |
| Furnace | 8.17 Ft x 8.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 4.92 Ft x 4.83 Ft | |
| Dining room | 10.92 Ft x 8.58 Ft | |
| Foyer | 11.58 Ft x 13.00 Ft | |
| Kitchen | 12.42 Ft x 13.33 Ft | |
| Living room | 20.50 Ft x 17.00 Ft | |
| Other | 11.17 Ft x 7.83 Ft | |
| Office | 12.25 Ft x 12.67 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.25 Ft x 6.17 Ft | |
| 5pc Bathroom | 10.92 Ft x 14.33 Ft | |
| Bedroom | 10.50 Ft x 11.92 Ft | |
| Bedroom | 11.75 Ft x 10.50 Ft | |
| Family room | 18.58 Ft x 16.92 Ft | |
| Primary Bedroom | 12.08 Ft x 17.08 Ft | |
| Other | 5.83 Ft x 11.08 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
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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
-0.89%
Cap rate
4.69%
GRM
13.9
Break-even rent
$5,027
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.
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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.
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 Jun 17, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.