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Investment signal

$1,375,000

388 ROAD 10

Save this home

Beds

4

Baths

4 full + 1 half

Sqft

Year

1994

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Oliver. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Acreage living meets ultimate functionality on this beautifully maintained 4-bedroom, 3.5-bath home set on a fully manicured acre. This property stands out with a versatile in-law suite, ideal for extended family, guests, or potential rental income, offering flexibility that’s hard to find. Major updates—including a newer roof, siding, and full plumbing overhaul—provide peace of mind, while the bright interior features modern LED lighting, hot water on demand, and a spacious primary suite with a private balcony and deep soaker tub. Outdoors, enjoy landscaped grounds, concrete stairs with built-in lighting, and a sunny deck perfect for entertaining. The true showstopper is the massive 32’ x 76’ fully insulated and heated shop, complete with a car lift and endless space for projects, storage, or business use—an exceptional feature that sets this property apart. (id:65958)

Subtype
Single Family
Architectural style
Multi-level
Structure
House
Community
Oliver Rural
Common interest
Freehold
Living area
3,788 square feet
Lot size
1 acres
Lot dimensions
1
Parking
2 total
Stories
3
Fireplace
2
On market
Apr 17, 2026
Status changed
Apr 23, 2026
Annual tax
$5,416.19
Photos
59
MLS#
10383994
Area
OLIVER

Features and systems

Parking

OtherRVAdditional Parking

Basement

Full

Appliances

WasherRefrigeratorWater purifierWater softenerCooktop - GasDishwasherDryerMicrowaveOven - Built-In

Heating

Forced airSee remarks

Cooling

Central air conditioning

Exterior

Other

Roof

Asphalt shingleUnknown

Lot

BalconyOne Balcony

Community

Rural Setting

View

Mountain viewValley viewView (panoramic)
Negative cash flow ~$1,471/mo at these assumptions

Cash on cash

-6.42%

Cap rate

3.58%

GRM

16.7

Break-even rent

$8,424

Financing

Down payment$275,000
Loan amount$1,100,000
Mortgage$5,574/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$630
Insurance$80
Maintenance$1,146
CapEx reserve$573
Vacancy loss$344

Estimates 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.

Mortgage estimate

Estimated $5,574/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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