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250 197 AV NE
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Edmonton · Single Family · under $1,350,000 · 2+ bed · 4+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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This exceptional property offers the room, functionality, and privacy you’ve been searching for. Situated on 3.9 acres within Edmonton city limits, this impressive 3,214 sq. ft. above-grade bungalow with loft combines country-style living with city convenience. The standout feature is the massive 60' x 40' commercial-grade shop, complete with in-floor heating, exhaust fan, 200 AMP electrical service, and two 10' overhead doors — ideal for business owners, hobbyists, mechanics, contractors, or storing recreational vehicles and equipment. Inside the home, you will find endless opportunities to make this space your own.With beautiful hardwood flooring throughout, multiple wood-burning fireplaces, and a bright, inviting loft accented by a stunning spiral staircase. The kitchen has been updated with brand-new granite countertops, while the main-floor laundry adds everyday convenience. A built-in sauna and a convenient shower for unwinding after a sauna session. Some photos have been virtually edited/staged* (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreation room | 26'10 x 13'8 |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 18'8' x 16'10 | |
| Dining room | 9'4' x 15'4 | |
| Kitchen | 13'8 x 13'4 | |
| Family room | 11'1 x 19'9 | |
| Primary Bedroom | 13'4" x 13' | |
| Bedroom 2 | 10'10 x 12' | |
| Bedroom 3 | 12'4 x 12' | |
| Laundry room | 5'9" x 13'4 | |
| Great room | 23'2 x 25'9 |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Loft | 23'4 x 19'9 |
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 May 13, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.