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Investment signal

$1,199,999

22450 Hwy 43 SideRoad

Save this home

Beds

6

Baths

4

Sqft

Year

1983

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Greenview No. 16, M.D. of. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Discover the ultimate multi-generational farmstead or business venture with this expansive 148-acre property, perfectly positioned along Highway 43 just one mile west of the Town of Valleyview. The residence is a versatile 1,808 sq.ft. home featuring three bedrooms, three bathrooms, and a heated double-car garage. The home is complemented by a private three-bedroom second-floor suite and a massive 1,836 sq. ft. recreation room—ideal for entertaining, sport, play or a home-based studio. Horse enthusiasts will also find their sanctuary here, with 35 acres of dedicated pasture, 104 cleared acres, a 4 stall horse barn, and established paddocks, outdoor riding area with roping box and return alley.This functional property was developed with productivity in mind, boasting a 40' x 48' heated, steel frame workshop, some storage sheds and sea-can storage. There is also a neighbouring 1.12-acre parcel featuring a charming 964 sq. ft. two-bedroom home, perfect for rental income or as a worker’s residence, available. With its prime highway frontage and extensive already developed infrastructure, the possibilities for this rare find are truly endless.The suite is currently being painted, mostly new flooring being installed. some new fixtures and new Fridge and Stove. Seller is a licensed Real Estate Broker (id:65958)

Subtype
Single Family
Architectural style
3 Level
Structure
House
Common interest
Freehold
Living area
4,746 square feet
Lot size
148.96 acres
Lot dimensions
148.96
Bedrooms
6 above grade, 0 below grade
Parking
8 total
Fireplace
1
On market
Apr 29, 2026
Status changed
Apr 30, 2026
Annual tax
$2,570.57 (2025)
Zoning
A-1
Photos
33
MLS#
A2306105
Area
RURAL_GREENVIEW_NO._16,_M.D._OF

Features and systems

Parking

Attached Garage

Basement

UnfinishedPartial

Appliances

RefrigeratorDishwasherStoveRangeOven - Built-In

Heating

Forced airNatural gas

Cooling

None

Flooring

HardwoodCarpetedCeramic TileVinyl Plank

Foundation

Poured Concrete

Lot

See remarksOther

Utilities

Electricity
Negative cash flow ~$1,294/mo at these assumptions

Cash on cash

-6.47%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,362

Financing

Down payment$240,000
Loan amount$959,999
Mortgage$4,864/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$550
Insurance$80
Maintenance$1,000
CapEx reserve$500
Vacancy loss$300

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.

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Greenview No. 16, M.D. of. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,864/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 30, 2026.

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