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Legal suite

$510,000

224 Warren Way

Save this home

Beds

5

Baths

4 full + 1 half

Sqft

Year

2017

Type

Single Family

Suite

Legal suite

Location nearby

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.

About this home

Welcome to 224 Warren Way: Offering beautiful curb appeal and nestled in a sought-after neighbourhood, close to the Fort McMurray Golf Course, playgrounds, and scenic walking trails, this beautifully built 2017 home offers incredible versatility with a 2 bedroom legal suite and high-end finishes throughout. Step inside to a bright, open concept main floor featuring neutral paint tones and durable vinyl plank flooring. The living room flows seamlessly into the dining area and stunning kitchen, complete with two-tone white and grey cabinetry, quartz countertops, under-cabinet lighting, soft-close doors and drawers, and stainless steel appliances. A convenient 2pc powder room and main floor laundry complete this level. Upstairs, you will find two well-sized bedrooms, a 4pc bathroom, and a spacious primary retreat located at the front of the home. The primary bedroom features a walk-in closet and a 4-pc ensuite, creating the perfect private space. The basement offers a fully developed 2 bedroom legal suite with high ceilings, separate laundry hookups, and a beautiful kitchen that mirrors the quality of the main floor with quartz countertops and soft-close cabinetry. The suite also includes a full 4pc bathroom and a comfortable living area, making it ideal for extended family or multigenerational living. Outside, enjoy a yard with plenty of space for parking, toys, or entertaining. The oversized single detached garage is drive-through and roughed in for heat, offering added functionality and storage. An additional parking stall beside the garage provides even more convenience. This Wood Buffalo home highlights modern finishes and adds functional space for a variety of lifestyle needs. Don’t miss your opportunity to make it yours - schedule your viewing today! (id:65958)

Subtype
Single Family
Structure
House
Community
Wood Buffalo
Common interest
Freehold
Living area
1,331 square feet
Lot size
3,565.12 square feet
Lot dimensions
3565.12
Bedrooms
3 above grade, 2 below grade
Parking
2 total
Stories
2
Fireplace
1
On market
Mar 28, 2026
Status changed
Apr 27, 2026
Annual tax
$2,611 (2025)
Zoning
R1S
Photos
46
MLS#
A2296332
Area
FORT_MCMURRAY

Features and systems

Parking

Detached GarageParking PadRV

Basement

FinishedFullSeparate entranceSuite

Appliances

RefrigeratorDishwasherStoveOvenMicrowaveSee remarksWindow CoveringsGarage door openerWasher & Dryer

Heating

Forced air

Cooling

Central air conditioning

Exterior

Vinyl siding

Construction

Wood frame

Flooring

CarpetedCeramic TileVinyl Plank

Foundation

Poured Concrete

Lot

Back lane

Community

Golf Course Development
Positive cash flow ~$116/mo at these assumptions

Cash on cash

1.37%

Cap rate

5.14%

GRM

12.9

Break-even rent

$3,177

Financing

Down payment$102,000
Loan amount$408,000
Mortgage$2,067/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$234
Insurance$80
Maintenance$425
CapEx reserve$213
Vacancy loss$165

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 $2,067/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 27, 2026.

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