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Reduced $15,000 (2%) from $900,000
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Rural Parkland County · Single Family · under $975,000 · 4+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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#36 54020 Highway 779
One of a kind acreage! This 5 bedroom, 3.5 bathroom property was designed by an engineer, so it is built to last. Uniquely built into a hillside, every level has grade access. Drive into the garage, and head inside into the mud room, storage room, utility room, or the partially finished space that can be finished as an in-law suite, teenage haven, or workshop. The middle level has 3 bedrooms, a full bathroom, and a large rec room. The top level has a chef's dream kitchen with tons of counter space, cabinetry, and great appliances, a two-level sunroom, dining area, living room with fireplace, second bedroom, full bathroom, and an enormous owner's suite that has a fireplace, walk-in closet, and full ensuite with steam shower. Enjoy the views of the property from every room. There are many paths through your 5 acres, and the way it is treed with usable space really makes it feel even larger. All paved and 10 mins to Stony Plain/Spruce Grove, what a location! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 5.71 × 4.38 | |
| Bedroom 3 | 3.65 × 3.99 | |
| Bedroom 4 | 3.65 × 4.02 | |
| Bedroom 5 | 4.39 × 4.31 | |
| Mud room | 2.91 × 1.50 | |
| Laundry room | 2.74 × 2.19 |
Basement
| Room | Dimensions | Features |
|---|---|---|
| Utility room | 2.19 × 3.93 |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 8.58 × 5.64 | |
| Dining room | 2.34 × 3.24 | |
| Kitchen | 4.73 × 4.29 | |
| Primary Bedroom | 3.81 × 6.00 | |
| Bedroom 2 | 2.75 × 3.06 | |
| Sunroom | 2.29 × 3.97 |
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
-0.98%
Cap rate
4.67%
GRM
13.9
Break-even rent
$5,452
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 22, 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.