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290150 240 Street W
Beds
4
Baths
4
Sqft
1,925
Year
1976
Type
Single Family
On market
29d
**Crafted for quiet mornings, long sunsets, and a life deeply connected to the land, this breathtaking 7-acre Foothills property captures the essence of Alberta country living. Perfectly positioned to capture spectacular Rocky Mountain views stretching across the horizon, this is a home where peace, privacy, and natural beauty come together effortlessly.Surrounded by rolling countryside and enclosed with classic 3-rail wood fencing, the property offers a rare blend of functionality and lifestyle. A peaceful pond tucked into the landscape brings the soothing sound of frogs chirping on summer evenings, while mature trees and open pasture create a setting that feels both grounded and expansive.Inside, rustic charm and timeless craftsmanship define the home. Warm timber interiors, vaulted wood ceilings, expansive living spaces, and three wood-burning fireplaces create an atmosphere that feels inviting from the moment you arrive. Large windows frame breathtaking views in every direction, while an expansive deck with glass railing was designed to fully capture the breathtaking Rocky Mountain views, with stunning sightlines from nearly every place you sit and unwind.Beyond the home itself, the property offers exceptional flexibility for future vision and evolving lifestyles. Whether you dream of building a separate suite tucked into the hillside (subject to approvals & permitting), creating your forever home overlooking the mountains, converting the shop into guest quarters or a barn , or simply enjoying the land as it is, the possibilities here are truly endless.The fully finished and heated 54x32 shop is exceptionally well-equipped, featuring drive-through doors, its own bathroom, and separate well and septic system — offering incredible versatility for hobbies, storage, equipment, projects, business use, or future living space potential. Thoughtfully set up for country living and ready for horses, the property also includes a large covered shelter and usable lan d that allows buyers to fully embrace the rural lifestyle.Whether you are enjoying coffee on the deck as the sun rises over the foothills, hosting family gatherings around the fire, or simply taking in the stillness of the land, every part of this property invites you to slow down and stay awhile.Rustic charm. Vaulted timber. Endless Alberta skies. Built with character and positioned for peace, this is more than just an acreage — it’s a lifestyle rooted in freedom, warmth, and room to truly breathe. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 9.42 Ft x 8.25 Ft |
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 11.83 Ft x 4.92 Ft | |
| 4pc Bathroom | 11.67 Ft x 8.00 Ft | |
| Bedroom | 11.00 Ft x 15.58 Ft | |
| Bedroom | 11.83 Ft x 11.08 Ft | |
| Primary Bedroom | 25.33 Ft x 15.58 Ft | |
| Storage | 10.58 Ft x 13.25 Ft | |
| Furnace | 11.83 Ft x 8.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 11.58 Ft x 6.75 Ft | |
| Dining room | 10.67 Ft x 15.83 Ft | |
| Family room | 12.83 Ft x 15.83 Ft | |
| Foyer | 19.58 Ft x 7.83 Ft | |
| Great room | 11.58 Ft x 19.58 Ft | |
| Kitchen | 13.67 Ft x 19.25 Ft | |
| Laundry room | 11.67 Ft x 7.50 Ft | |
| Living room | 14.33 Ft x 14.50 Ft | |
| Pantry | 13.67 Ft x 8.67 Ft | |
| Bedroom | 13.67 Ft x 8.67 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
-0.71%
Cap rate
4.72%
GRM
13.9
Break-even rent
$8,575
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 May 29, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Foothills County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.