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291062 Township Road 164
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Beds
3
Baths
3
Sqft
1,459
Year
1979
Type
Single Family
On market
0d
Welcome to a truly rare opportunity less than 10 minutes from Nanton!! 9.17 acres of usable country living offering exceptional versatility, privacy, and space for a wide range of lifestyles. This unique acreage features two detached residences, ideal for multi generational living, guest accommodation, or rental potential. The original homestead (built in 1949 and extensively rebuilt in 2022) offers approximately 950 sq ft with 2 bedrooms and 1 bathroom. Thoughtfully updated with stucco siding, a tin roof, and luxury vinyl plank flooring throughout, this charming home also includes a recently added single car garage and is currently tenanted offering immediate income potential or a future private space for extended family! The main residence offers an inviting and functional layout with a large walkout basement featuring a secondary entrance, 2 furnaces, and a large flex/storage pantry area creating excellent flexibility for future development or potential private living space. The home has recent upgrades, including all new lighting, fresh paint and flooring in the lower level, and beautifully renovated bathrooms featuring a stunning primary ensuite with a free standing tub and walk in shower, as well as a fully renovated lower level bathroom. The walkout basement layout also provides excellent potential to add another bedroom. Outdoors, the property is exceptionally well set up for rural living, livestock enthusiasts or horse lovers. Approximately 6 acres are fully fenced pasture, supported by a barn, lean-to shelter, a grain barn, and a chicken/goat pen with gas service adding further functionality. Additional features include a grain silo, root cellar, and two heated stock waterers, making this a highly usable rural setup. Completing the property, you will find an older triple car garage/shop with a newly installed tin roof and 220-amp electrical service capability - ideal for equipment storage, workshop use, or hobby space. Water supply is strong and reliable with a well producing approximately 3 GPM, supporting both households and rural operations. Both residences also have central air conditioning for added comfort. The outbuildings, while requiring some maintenance and improvement, offer excellent potential for future enhancement and customization to suit a wide range of uses. This property offers an outstanding combination of infrastructure, land, and flexibility well suited for livestock enthusiasts, animal lovers, extended families, or those seeking a property with rental income potential and long term versatility. A true rural lifestyle package with room to grow, create, and enjoy the Alberta countryside. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 6.67 Ft x 7.33 Ft | |
| Bedroom | 12.92 Ft x 9.42 Ft | |
| Recreational, Games room | 36.42 Ft x 27.83 Ft | |
| Storage | 18.25 Ft x 12.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.33 Ft x 10.08 Ft | |
| 4pc Bathroom | 9.42 Ft x 10.08 Ft | |
| Bedroom | 10.17 Ft x 10.08 Ft | |
| Dining room | 12.58 Ft x 14.83 Ft | |
| Kitchen | 11.33 Ft x 16.42 Ft | |
| Other | 4.75 Ft x 14.00 Ft | |
| Office | 9.00 Ft x 10.08 Ft | |
| Primary Bedroom | 11.00 Ft x 13.50 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
-6.57%
Cap rate
3.55%
GRM
16.7
Break-even rent
$5,845
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 10, 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 Nanton. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.