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Legal suite

$1,075,000

2186 Finlay Court

Save this home

Beds

5

Baths

3

Sqft

Year

1993

Type

Single Family

Suite

Legal suite

Location nearby

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

About this home

Enjoy the semi-rural lifestyle without sacrificing the comfort of being a short distance away from all the amenities Lake Country has to offer. Located on a flat, corner 0.25 acre lot, nestled within a quiet cul-de-sac, this home is sure to check all of your boxes. The recently updated main floor (with new flooring, fixtures and a new AC) open concept living space offers 3 bedrooms, 2 bathrooms (including ensuite), and laundry. Off the kitchen is easy access into your extensive backyard space featuring a large deck, an above ground pool, expansive garden, fire pit, dream playground for the littles and plenty of space to spare. Downstairs is an additional family room with extra storage space as well as a separate, updated 2 bed legal suite with it’s own in-suite laundry and private entrance. With a double car garage that includes a golf simulator, an oversized driveway with additional suite/RV/boat parking, there is room for everyone and every thing! Call your favourite agent today to schedule a viewing of your next home! (id:65958)

Subtype
Single Family
Architectural style
Ranch
Structure
House
Community
Lake Country South West
Common interest
Freehold
Living area
2,404 square feet
Lot size
0.25 acres
Lot dimensions
0.25
Parking
8 total
Stories
2
On market
Apr 21, 2026
Status changed
Apr 21, 2026
Annual tax
$3,867.66
Photos
61
MLS#
10384299
Area
LAKE_COUNTRY

Features and systems

Parking

Attached Garage

Appliances

Oven - ElectricDishwasherDryerMicrowaveWater Heater - Electric

Heating

Forced air

Cooling

Central air conditioning

Flooring

Vinyl

Pool

Above ground pool
Negative cash flow ~$146/mo at these assumptions

Cash on cash

-0.82%

Cap rate

4.70%

GRM

13.9

Break-even rent

$6,604

Financing

Down payment$215,000
Loan amount$860,000
Mortgage$4,357/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$493
Insurance$80
Maintenance$896
CapEx reserve$448
Vacancy loss$323

Estimates 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.

Mortgage estimate

Estimated $4,357/mo at 4.5% with 20% down, 30-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 21, 2026.

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