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206 Monterey Bay SE
Beds
4
Baths
3
Sqft
1,503
Year
2026
Type
Single Family
On market
8d
This is a rare family-sized bungalow with four big bedrooms and a triple attached garage. It is a fully finished 1503 sq ft walkout home in a great area overlooking a beautiful waterway and park, and it has premium finishes throughout. The main floor is a modern open plan with a large entry hall, 9’ ceilings, high quality flooring, and a covered 24’ x 10’ deck. The kitchen includes cabinets to the ceiling, quartz counters, under-mount sink, countertop lighting, select tiles, a large walk-in pantry, and all appliances are included. Also on the main floor is the spacious living/dining room, the primary bedroom, a laundry room, and a second bedroom or office. Deluxe appointments in the master suite include built in cabinetry in the walk-in closet, a big vanity with double sinks, and a soaker tub plus a 5' shower. The lower level has two more spacious bedrooms and a very big family room with a built-in wet bar. All rooms in this home have lots of natural light, and there are many extras including a 24’ x 10’ patio, two fireplaces, full concrete steps, a Hardie board exterior and a 22' deep garage stall. Click the multimedia link for a virtual interactive 3D tour, plus floor plans and professional pictures. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 9.25 Ft | |
| Bedroom | 14.08 Ft x 9.58 Ft | |
| Bedroom | 12.50 Ft x 15.08 Ft | |
| Recreational, Games room | 23.83 Ft x 33.25 Ft | |
| Furnace | 10.08 Ft x 23.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.17 Ft x 4.83 Ft | |
| 5pc Bathroom | 19.92 Ft x 6.58 Ft | |
| Bedroom | 10.25 Ft x 10.25 Ft | |
| Dining room | 14.50 Ft x 10.75 Ft | |
| Foyer | 10.58 Ft x 15.92 Ft | |
| Kitchen | 9.92 Ft x 16.33 Ft | |
| Laundry room | 8.08 Ft x 13.58 Ft | |
| Living room | 24.42 Ft x 13.75 Ft | |
| Primary Bedroom | 15.83 Ft x 12.67 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
-0.82%
Cap rate
4.70%
GRM
13.9
Break-even rent
$5,785
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 High River. 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.