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Magrath · Single Family · under $1,350,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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222041B Range Road 52
Escape to your own private paradise just 5 minutes from Magrath. Perched on a scenic high point of the property, this beautiful walkout bungalow offers breathtaking panoramic views of the prairies and Rocky Mountains, creating a peaceful retreat that feels worlds away from the city while remaining close to schools, shopping, and everyday amenities.Designed with family living in mind, this spacious home features 4 bedrooms, 4 bathrooms, vaulted ceilings, and numerous modern updates throughout. Recent improvements include a quality furnace, hot water tank, and other upgrades that provide comfort and peace of mind for years to come.Adding exceptional value is the separate carriage house, complete with a bedroom, kitchen, bathroom, and living area. Currently generating $1,600 per month in rental income, it offers an excellent mortgage offset, guest accommodation, or multi-generational living opportunity.From the main home, enjoy views overlooking a picturesque creek, barns, corrals, and open pastureland. The property also includes a hay barn and ample grazing land, making it ideal for hobby farmers, horse enthusiasts, livestock owners, or anyone seeking space and freedom in the countryside.Whether you're dreaming of raising animals, starting a hobby farm, or simply enjoying the tranquility of rural living with stunning views in every direction, this remarkable property offers the perfect balance of privacy, income potential, and convenience. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.50 Ft x 11.25 Ft | |
| Office | 8.00 Ft x 8.92 Ft | |
| Other | 40.00 Ft x 21.00 Ft | |
| 2pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 12.00 Ft x 12.00 Ft | |
| Living room | 16.00 Ft x 20.00 Ft | |
| Dining room | 12.58 Ft x 10.00 Ft | |
| Primary Bedroom | 16.00 Ft x 13.50 Ft | |
| Bedroom | 9.00 Ft x 10.50 Ft | |
| Bedroom | 10.00 Ft x 12.50 Ft | |
| Family room | 16.00 Ft x 11.00 Ft | |
| Laundry room | — | |
| 4pc 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
-0.75%
Cap rate
4.71%
GRM
13.9
Break-even rent
$7,666
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
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 24, 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.