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31 Williams Avenue
Welcome to this stunning brand-new bungalow located in the sought-after Highlands community of Olds. Offering over 1,500 sq. ft. of beautifully designed living space on the main floor, this home combines modern elegance with everyday functionality. Thoughtfully crafted with an open concept layout, soaring ceilings, and luxury vinyl plank and tile flooring throughout, every detail has been carefully considered. The heart of the home features a gorgeous kitchen with an abundance of cabinetry, a hidden pantry and plenty of workspace for entertaining and family gatherings. The bright and inviting living room showcases custom illuminated shelving, creating a warm and sophisticated focal point. Retreat to the spacious primary suite featuring a tray ceiling with LED accent lighting, a luxurious 5 pce ensuite complete with floating vanities, tower storage, glass shower, private water closet and a generous walk in closet. An additional bedroom, full bathroom, convenient main floor laundry and mudroom with access to the attached 24’ x 25’ in-floor heated garage complete the main level. The fully finished basement offers exceptional additional living space with a large family room featuring a wet bar and custom built-ins, perfect for entertaining. Two spacious bedrooms with walk-in closets, a 4-piece bathroom, and ample storage space complete the lower level. Step outside and enjoy the covered rear deck, ideal for relaxing or hosting guests. Located close to numerous schools, walking paths, parks, and shopping, this home offers an excellent location for families, professionals, and retirees alike. If you’ve been searching for a quality-built new home with thoughtful design and exceptional finishes, this one is a must-see. Call your favorite REALTOR® today to book your private showing. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 13.83 Ft x 13.25 Ft | |
| 4pc Bathroom | — | |
| Bedroom | 10.33 Ft x 14.25 Ft | |
| Family room | 19.75 Ft x 27.42 Ft | |
| Storage | 9.75 Ft x 10.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 5.83 Ft x 6.42 Ft | |
| Bedroom | 10.25 Ft x 10.92 Ft | |
| 4pc Bathroom | — | |
| Primary Bedroom | 11.58 Ft x 14.92 Ft | |
| 5pc Bathroom | — | |
| Other | 6.33 Ft x 9.92 Ft | |
| Other | 6.08 Ft x 11.00 Ft | |
| Laundry room | 5.75 Ft x 7.67 Ft | |
| Living room | 13.25 Ft x 14.17 Ft | |
| Dining room | 10.83 Ft x 13.33 Ft | |
| Kitchen | 13.92 Ft x 15.17 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
-0.89%
Cap rate
4.69%
GRM
13.9
Break-even rent
$5,104
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.
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 Jun 12, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.