We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
Swipe through similar matches — tap the heart to save, or open one for the full read.
312 Sandstone Point S
Beds
4
Baths
3
Sqft
2,086
Year
2011
Type
Single Family
On market
16d
Be impressed by the natural beauty surrounding this spacious custom bungalow, ideally located beside the coulees in the desirable Sandstone neighbourhood. Inside, you will be equally captivated by the 10-foot ceilings, beautiful windows, and quality finishes throughout. The gracious main entry features a striking marble floor inlay that leads into a warm, open living space centred around a fireplace, perfect for cozy gatherings. The adjacent open-concept gourmet kitchen and dining area feature a large island, granite surfaces, ample cabinetry, quality appliances, and a generous, versatile walk-in pantry. Just off the dining area, the covered deck is a perfect place to enjoy your morning coffee or take in the sunset, with panoramic coulee views stretching all the way to the bridge. The spacious main-floor primary suite offers beautiful views and a relaxing atmosphere, along with an elegant dressing room with rich cabinetry and a spa-like ensuite featuring in-floor heat, onyx marble tile, a jetted tub, a shower with precise temperature control, double vanities, and a private water closet. Just off the main entry is a spacious office, also offering phenomenal views. Completing the main floor is a highly functional transition area to and from the garage, featuring a mudroom, an airy laundry room, a large closet with additional custom storage, and a full four-piece bath. The 9-foot walkout lower level features in-floor heat and is designed for comfortable everyday living and family entertaining, with abundant natural light, a second fireplace, an elegant custom bar and wine room, and plenty of space for a grand piano, pool table, and more. The lower level also offers three generous bedrooms with large closets and attractive windows, including one currently set up as a gym with cork flooring. The bathroom is highlighted by exquisite tilework and a steam shower. This home also features an exceptional oversized triple garage that is fully insulated, supplied with hot and cold water, and finished with epoxy floors, in-floor heat, attractive windows, and an additional large hobby space wired for workshop. This custom home is loaded with premium features, including fine finishes and lighting, central vacuum, quality windows and window coverings, upgraded insulation, and an exceptionally versatile layout with outstanding flow. Its upscale yet easygoing warmth makes this a truly special home. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.25 Ft x 9.25 Ft | |
| Other | 12.50 Ft x 9.67 Ft | |
| Bedroom | 12.42 Ft x 14.17 Ft | |
| Bedroom | 12.58 Ft x 10.92 Ft | |
| Bedroom | 11.75 Ft x 11.33 Ft | |
| Family room | 28.67 Ft x 27.75 Ft | |
| Storage | 17.58 Ft x 14.83 Ft | |
| Furnace | 15.33 Ft x 10.25 Ft | |
| Wine Cellar | 12.50 Ft x 3.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.42 Ft x 8.17 Ft | |
| 5pc Bathroom | 11.67 Ft x 17.75 Ft | |
| Other | 13.33 Ft x 14.00 Ft | |
| Foyer | 10.00 Ft x 13.67 Ft | |
| Kitchen | 11.33 Ft x 14.67 Ft | |
| Laundry room | 10.75 Ft x 8.17 Ft | |
| Living room | 16.08 Ft x 20.50 Ft | |
| Office | 13.00 Ft x 9.58 Ft | |
| Pantry | 16.42 Ft x 8.42 Ft | |
| Primary Bedroom | 13.00 Ft x 17.75 Ft | |
| Other | 9.00 Ft x 11.58 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
-0.78%
Cap rate
4.71%
GRM
13.9
Break-even rent
$7,902
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 7, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Lethbridge. 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.