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32244 Hwy 2A
Beds
3
Baths
4 full + 2 half
Sqft
3,690
Year
2017
Type
Single Family
On market
145d
EXECUTIVE ACREAGE WITH STUNNING MOUNTAIN VIEWS AND A PARKLIKE SETTING! First time offered for sale and extremely rare opportunity to purchase this pristine 5.21 +/- Acres Located Just mins South of Olds on pavement. This is the perfect central Alberta location with Less than a 1hr drive to the Calgary airport and just 40 mins to Red Deer. The entire property sends a majestic mountain lodge feel where nature, towering trees, mature landscaping, gardens, family fire pit area, wide open spaces with waterfalls & streams soothe the soul. Executive touches greet you at the impressive main entrance with beautiful timbers, stonework, wrought iron fencing and over 46000 sqft (over 1 acre) of concrete driveway and stamped concrete edging inlays. The sprawling 3690sqft bungalow is loaded with features and class. Built with ICF Block foundation and a top of line list of mechanical features and sound system throughout. Rough edge quartz counter tops highlight a huge island kitchen with two dishwashers, a gas stove imported from overseas , under counter lighting, custom detailed wood artwork and more! The wide open concept and massive west facing windows allow for natural sunlight to stream throughout the entire main floor. Two Large fireplaces on the main floor & main floor laundry. The Primary bedroom is fit for a queen offering the most luxury built-in closet organizers and a massive ensuite with heated floors, two sinks and huge quartz shower. Two more large bedrooms, a 4pc and 2pc bath on the main floor. The basement features a large rec room, bar rough in and future room for even more development. The custom details don't stop in the 62' x 48' attached and heated garage with epoxy floors, 2pc bath, in-floor heart and a hot-water make up heater for quick recovery of heat. The concrete apron just outside the garage doors is also heated. Outbuildings include a fully finished 28' x 28 'detached garage and a massive fully finished 50' x 100' shop wi th bright LED lighting, in-floor heat, an RV sani-dump station and separate 1542 sqft legal suite. The legal suite includes two full 4pc baths, two bedrooms, large bonus room with custom fireplace mantel, custom kitchen and more! A true 10/10 showing is guranteed! Your best move starts here! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 32.00 Ft x 48.33 Ft | |
| Storage | 15.58 Ft x 45.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | — | |
| 2pc Bathroom | — | |
| Primary Bedroom | 19.67 Ft x 25.42 Ft | |
| Bedroom | 12.00 Ft x 12.58 Ft | |
| Bedroom | 14.92 Ft x 19.17 Ft | |
| 4pc Bathroom | — | |
| 4pc Bathroom | — | |
| Living room | 19.67 Ft x 25.42 Ft | |
| Dining room | 12.42 Ft x 15.83 Ft | |
| Family room | 18.00 Ft x 24.58 Ft | |
| Kitchen | 15.92 Ft x 27.08 Ft | |
| Breakfast | 9.83 Ft x 11.42 Ft | |
| Laundry room | 11.92 Ft x 10.50 Ft | |
| Other | 23.00 Ft x 16.08 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
-0.48%
Cap rate
4.77%
GRM
13.9
Break-even rent
$27,376
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 31, 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 Rural Mountain View County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.