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233077 Highway 2
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Rural Peace No. 135, M.D. of · Single Family · under $3,575,000 · 4+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Unique Quarter Section with Proven Potential & Beautiful Residence! Opportunity meets versatility with this exceptional quarter section of land, offering a rare blend of investment potential and comfortable living. Perfectly situated between Peace River and Grimshaw, this private, level property boasts direct highway frontage for easy access. With proven gravel reserves, the land is primed for development as a gravel pit or other industrial ventures, making it an attractive option for those seeking resource or business opportunities. Tucked away among the trees, you’ll also find a beautifully updated 1,584 sq ft home with a fully finished basement. Recently renovated, this inviting residence features 5 spacious bedrooms and 3 full bathrooms, offering more than enough room for family or guests. The kitchen is a showpiece—modern, functional, and perfect for gathering—while the bright, open living spaces make this home as welcoming as it is practical. Whether you’re looking to expand the gravel operation, explore other commercial opportunities, or simply enjoy the peace, privacy, and space of country living, this property offers incredible flexibility. Don’t miss this chance to own a one-of-a-kind property with unmatched potential for both lifestyle and investment. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.00 Ft x 15.83 Ft | |
| Bedroom | 9.92 Ft x 12.08 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.33 Ft x 13.92 Ft | |
| Bedroom | 10.00 Ft x 11.50 Ft | |
| Bedroom | 11.50 Ft x 10.92 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| 3pc Bathroom | .00 Ft x .00 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
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).
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 Mar 15, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.