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Investment signal

$1,699,000

1093 Mackenny Street

Beds

4

Baths

3.1

Sqft

Year

2016

About this home

Exceptional investment opportunity with high-visibility Highway 16 frontage—offering endless possibilities for future development or business use!! You will be impressed with this stunning 2016 custom-built home situated on 9.88 acres, delivering the perfect blend of luxury living and investment potential. Designed with top-tier finishes and thoughtful upgrades throughout, this property is truly a must-see.The 1529 sq ft main floor showcases an open-concept layout with vaulted ceilings, a cozy wood-burning fireplace, and high-end details including hardwood flooring, granite countertops, and heated tile. The gourmet kitchen features beautiful wood cabinetry, a gas stove, and a large island, flowing seamlessly into the dining and living areas to create a warm and inviting space for everyday living and entertaining.The primary suite is a private retreat, complete with a walk-through closet and spa-inspired ensuite featuring double vanities, a custom glass shower, and a soaker tub. Enjoy direct access from the suite to the side deck and relax in the saltwater hot tub. A convenient laundry room and half bath complete the main level.The fully developed walkout basement adds exceptional living space with three large bedrooms, a full bathroom, an enormous family room, wet bar, cozy carpeting, and a second wood-burning fireplace—perfect for relaxing or hosting guests.Outside, the possibilities are endless. The property includes a heated 29’ x 40’ attached garage and a 28’ x 48’ heated shop, ideal for storage, a home-based business, or hobby use. The yard is thoughtfully landscaped with a thriving RV storage business with parking for 170+units. FUD zoning allows for a variety of potential uses—making this a smart investment.This home shows like new and has been exceptionally well maintained. Whether you’re looking for a beautiful family home, a business opportunity, or income-generating potential, this property checks all the boxes.Don’t miss this rare opportunity to own a prime piece of real estate. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Lot size
9.88 acres
MLS#
A2302552
Area
HINTON
Negative cash flow ~$3,246/mo at these assumptions

Cash on cash

-11.46%

Cap rate

3.60%

GRM

16.7

Break-even rent

$11,917

Financing

Down payment$339,800
Loan amount$1,359,200
Mortgage$8,339/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$779
Insurance$80
Maintenance$1,416
CapEx reserve$708
Vacancy loss$425

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Mortgage estimate

Estimated $8,339/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.

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