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234078 Highway 9
Beds
6
Baths
2
Sqft
2,022
Year
1975
Type
Single Family
On market
13d
Calling all rural buyers and entrepreneurs alike! Read the whole description as there are LOTS to take note of! Incredible MIXED-USE acreage opportunity on Highway 9 with a large 2,022 sqft residence, a 2,554 sqft commercially zoned office building, two Quonsets, several sheds and MORE, all on 12.92 acres. This property truly is unique with endless possibilities and has been well maintained over the last 32 years with many upgrades, updates, and renovations. The home features an expansive 2,022 sqft all above grade, with SIX bedrooms and 2 full bathrooms. The standout feature of the home is the elegant dining room with built in cabinetry, comfortably fitting a 12-person dining table and with bright patio access to the huge cedar-plank wraparound deck. Imagine all the space you have for entertaining guests and hosting big family dinners. The dining room, kitchen, and roof were all redone in 2013 along with several other updates. Stepping outside to the multi-tiered deck that wraps around most of the house, you will see a picture-perfect view of the manicured yard and a decorative paved walkway to your private fireplace. Some of the many features of the outdoor enjoyment include multiple gas line hookups on the deck, outdoor lighting, drop-down awnings thoughtfully installed for shade and wind comfort, several sheds for storage of equipment or toys, an expansive circular driveway that connects the major buildings of this property together for further enjoyment, a back-up generator, and (2) 50A RV plug-ins. In the first quonset, there is a heated and powered double car garage, a large recreational bonus room currently set up as a home theatre, and an upper storage mezzanine with a convenient upper access door! This incredible quonset has its own functional half bathroom and furnace as well. The second quonset is a heated, 220V powered shop capable of housing your equipment and tools (brand new commercial-grade door opener installed and air compressor included). Moving on to the remarkable STANDOUT feature of this property is the massive 2554 sqft commercially-zoned office building that has hosted two successfully operated family businesses in Kneehill County for decades! The options are truly endless here. Bring your business here or start a new one? Lease out the space as a mortgage helper? Or redesign the building to a second dwelling?? (permitting and county approval required for changes of use). The options are yours, and there simply isn’t another property like this one available. There is a long list of all the updates and features of this property so please contact your Realtor® today for more information or for a private showing. 25 minutes to Drumheller, 30 minutes to Strathmore, and 1 hour to Calgary airport. Municipal water is installed and available, but the owners use a well and 2-stage septic pump-out system. This property is currently zoned AG and HPS (Health and Public Services) with options to change the use of the office building in the future. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 15.75 Ft x 12.67 Ft | |
| 3pc Bathroom | 5.67 Ft x 9.50 Ft | |
| Bedroom | 9.67 Ft x 13.00 Ft | |
| Bedroom | 10.92 Ft x 12.58 Ft | |
| Bedroom | 12.25 Ft x 12.67 Ft | |
| Laundry room | 5.75 Ft x 9.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 4.92 Ft x 10.08 Ft | |
| Bedroom | 9.58 Ft x 10.08 Ft | |
| Dining room | 10.00 Ft x 13.33 Ft | |
| Dining room | 13.67 Ft x 19.33 Ft | |
| Family room | 21.08 Ft x 13.33 Ft | |
| Foyer | 7.42 Ft x 9.67 Ft | |
| Kitchen | 13.92 Ft x 13.42 Ft | |
| Living room | 15.75 Ft x 23.00 Ft | |
| Primary Bedroom | 13.58 Ft x 13.50 Ft | |
| Furnace | 7.00 Ft x 6.75 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 22.33 Ft x 38.33 Ft | |
| Loft | 31.75 Ft x 26.58 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).
Cash on cash
-0.77%
Cap rate
4.71%
GRM
13.9
Break-even rent
$7,362
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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 5, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Kneehill County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.