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203 Loutit Road
Beds
6
Baths
4
Sqft
1,782
Year
2008
Type
Single Family
On market
52d
203 Loutit Road truly ticks alllll the boxes for the savvy buyer! You will first fall in love with the exterior of the home – the inviting porch spans the front of the home, the warm colors, stone and shutters are warm and welcoming and the landscaping screams pride of ownership! Entering through the front door you are greeted by a spacious foyer, newer vinyl plank flooring and lots of natural light coming in the large windows on the back of the home. To the left is a full bath with a stand up shower and to the right is a large bedroom, perfect for anyone dealing with mobility issues, or can be used as a den/office. The foyer leads you to the open concept living room and kitchen. A natural gas fireplace keeps the living room feeling cozy on the cooler nights. The kitchen has lots of cupboards, a corner pantry, stainless steel appliances, and an eat-up breakfast bar. On the second floor the primary suite is bright and spacious, has a walk-in closet with custom shelving as well as a large 4 piece ensuite with a soaker tub and a separate full size shower. The two other bedrooms upstairs are connected by a Jack & Jill bath with a double vanity and a full tub and shower. Finally the laundry room is conveniently located off the hallway and provides more than enough space to comfortably get the job done! Back downstairs, there is a separate side entrance to the basement that has two more large bedrooms, a full bath with tiled in shower and a rec room/family room perfect for relaxing or entertaining! Built in shelves and a media wall span one side of the room, complete with a built-in surround sound system. On the other wall is a wet bar and fridge so you don’t have to go far for refreshments! Off the back of the home is a two-tiered deck perfect for entertaining or lounging, and the low maintenance artificial turf backyard means less time mowing and more time lounging on the deck! The double detached heated garage has high ceilings and comes equipped with a Tesla charger ! This home is located directly across from Eagle Ridge pond. The current owners are the original owners of the home and one of their favorite features of the home was how they could walk to EVERYTHING – some of Fort Mac’s best restaurants and pubs, stores, schools, parks, playgrounds, walking trails, the cinema, Tim’s and more! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 9.92 Ft x 7.50 Ft | |
| Bedroom | 12.75 Ft x 11.42 Ft | |
| Bedroom | 11.58 Ft x 8.58 Ft | |
| Recreational, Games room | 19.42 Ft x 17.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.75 Ft x 5.75 Ft | |
| Dining room | 6.00 Ft x 9.17 Ft | |
| Kitchen | 16.17 Ft x 11.17 Ft | |
| Living room | 13.17 Ft x 17.33 Ft | |
| Bedroom | 10.25 Ft x 11.17 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 5pc Bathroom | 13.67 Ft x 5.83 Ft | |
| 4pc Bathroom | 8.08 Ft x 7.75 Ft | |
| Bedroom | 12.42 Ft x 9.42 Ft | |
| Bedroom | 10.42 Ft x 11.25 Ft | |
| Laundry room | 6.08 Ft x 8.08 Ft | |
| Primary Bedroom | 12.67 Ft x 14.17 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).
Cash on cash
-0.30%
Cap rate
4.80%
GRM
13.5
Break-even rent
$3,328
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 Jun 1, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Fort McMurray. 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.