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Airdrie · Single Family · under $3,575,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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272210 Range Road 291 NE
40 Acres on pavement INSIDE northeast Airdrie City Limits, north of the East Points Area Structure Plan and across from 185 acre Airdrie Regional Park and Croxford Estates. Permitted uses, Dwelling Garden Suite and other Permitted + Discretionary uses. Opportunity knocks! Panoramic West Views! 660 foot frontage onto paved Range Road 291 (future Airdrie main route). Ideal for home business (by permit), mini ranch or variety of permitted Garden Suite and discretionary uses. Features a 1,505 sq.ft. fully developed bungalow with heated oversize attached garage. Bright open plan with a spacious great room with vaulted ceiling and fireplace, formal dining area, and roomy kitchen with nook and covered deck access. Lower level is fully developed with bedroom, full bath, large den, and spacious living area. Includes major appliances and window coverings. Ideal for animals or home business with detached heated 28' x 30' shop with box stalls and 10' x 25' storage shop. Highway 2 north, east on Highway 567, north on paved Range Road 291. Cabin in back trees also for sale. GST may be applicable. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.34 Ft x 13.58 Ft | |
| Family room | 23.16 Ft x 20.51 Ft | |
| Recreational, Games room | 15.85 Ft x 15.68 Ft | |
| 4pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 13.42 Ft x 19.42 Ft | |
| Living room | 15.00 Ft x 16.83 Ft | |
| Primary Bedroom | 13.25 Ft x 13.68 Ft | |
| Bedroom | 10.01 Ft x 12.34 Ft | |
| Bedroom | 9.00 Ft x 11.68 Ft | |
| Laundry room | 7.25 Ft x 10.01 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| 3pc Bathroom | — |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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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
-0.51%
Cap rate
4.76%
GRM
13.9
Break-even rent
$20,093
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.
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 10, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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