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.
16, 37535 Range Road 265
Buyer alert automation
Get matching homes sent on your schedule. This uses this home's city, style, bedroom count, and price band as the starting filter.
Choose alert settings, then sign in
Rural Red Deer County · Agriculture · under $4,200,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
Alert speed
Send by
Watch for
Swipe through similar matches — tap the heart to save, or open one for the full read.
Springvale Meadows is a fully developed, infrastructure-rich equestrian estate purpose-built for professional training, boarding, and year-round operation. The scale of improvements and established land base provide a comprehensive facility in a prime central Alberta location.At the center of the property is an approximately 20,800 square foot heated indoor riding arena designed for all-season use. The facility includes a large riding surface, 19 permanent stalls, wash bays, tack areas, office space, and an elevated viewing lounge with integrated suite accommodations (approximately 1,740 square feet). LED high-bay lighting has been installed, and the building includes emergency generator connection capability. Arena footing is professionally maintained on an approximate four-year cycle.Additional infrastructure includes a quonset-style barn with 7 overflow stalls, multiple paddocks equipped with shelters and automatic waterers, 14 individual round pens for structured training rotation, and two outdoor riding arenas to expand seasonal capacity. A 60’ x 100’ x 18’ hay shed provides substantial covered storage for feed and equipment. Secondary support buildings, extensive paved yard areas, and a gated entrance contribute to operational efficiency and year-round accessibility.The residence offers approximately 2,750 square feet of developed living space, positioned to maintain privacy while remaining integrated within the operational footprint. Mature landscaping, established shelterbelts, and a pond with cabin and dock enhance the overall setting.The 94.23-acre parcel includes approximately 70 cultivated acres currently under lease. Two producing water wells service domestic and livestock requirements. Zoning supports agricultural and equestrian uses consistent with existing improvements.This offering presents an opportunity to acquire an established equestrian facility with substantial existing infrastructure in place. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.17 Ft x 12.67 Ft | |
| Recreational, Games room | 21.17 Ft x 26.75 Ft | |
| Furnace | 22.92 Ft x 14.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 9.67 Ft x 8.17 Ft | |
| 5pc Bathroom | 8.83 Ft x 8.00 Ft | |
| Bedroom | 12.50 Ft x 11.58 Ft | |
| Breakfast | 12.50 Ft x 11.58 Ft | |
| Dining room | 12.25 Ft x 15.67 Ft | |
| Foyer | 6.50 Ft x 7.33 Ft | |
| Kitchen | 11.50 Ft x 12.42 Ft | |
| Living room | 15.67 Ft x 25.08 Ft | |
| Other | 13.58 Ft x 15.42 Ft | |
| Bedroom | 12.50 Ft x 13.17 Ft | |
| Primary Bedroom | 15.92 Ft x 21.08 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
-0.49%
Cap rate
4.77%
GRM
13.9
Break-even rent
$23,586
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.
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 Apr 30, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.