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243201 Range Road 33
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Rural Rocky View County · Single Family · under $3,250,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Offering of 19.2 Acres of development land located immediately SW of Springbank High School and the Springbank Park for All Seasons. Legal title of (East ½) Subdivision 16 NE-21-24-03-05, owned by the existing family since 1960 and currently leased to a local horse operation. The current zoning designation is Residential, Rural District (R-RUR). In the Draft 2024 Springbank Area Structure Plan, this parcel of land has a future zoning as Infill Residential where future lots in the infill residential area will range between +0.8 to +1.6 ha (+2 to. +4 acres) in size, or whatever is most prevalent on adjacent lands or in the immediate area. This parcel can be serviced for water by CalAlta and the water line can be tied into at the Springbank High School hub. This has been confirmed to be within the CalAlta area for servicing. The cost to tie into this service can be discussed with CalAlta directly. The current owner attended 2024 Public Hearings for the Springbank Area Structure Plan and presented amendments to this particular parcel that they felt would enhance future development possibilities to this area and the Springbank community. A future owner may consider utilizing this parcel of land with its current land designation or may also consider working with a planning and independent consultant if they wish to apply to Rocky View County to change the land use designation, being that community and institutional land use areas are immediately across the road from this existing parcel. The current tenant has a lease until August 31st, 2025 and would like to continue to lease into the future. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 22.58 Ft x 21.08 Ft | |
| Other | 10.83 Ft x 8.00 Ft | |
| Den | 13.83 Ft x 8.67 Ft | |
| Office | 12.08 Ft x 15.92 Ft | |
| 4pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 7.92 Ft x 9.50 Ft | |
| Dining room | 8.67 Ft x 9.50 Ft | |
| Living room | 13.67 Ft x 13.42 Ft | |
| Primary Bedroom | 18.42 Ft x 11.50 Ft | |
| Bedroom | 10.00 Ft x 12.33 Ft | |
| Bedroom | 10.50 Ft x 9.50 Ft | |
| 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
-6.21%
Cap rate
3.62%
GRM
16.7
Break-even rent
$18,267
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 Mar 6, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Rocky View County. The listing facts above are live.