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Rural Clearwater County · Single Family · under $1,200,000 · 4+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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395048 Range Road 4-4
Thoughtfully set up acreage not far from Leslieville, just off the Rainy Creek Road. This 5 acres borders a seasonal creek along the west boundary and has a beautiful custom built bungalow with 1 bedroom on the main floor and 4 more in the finished, walk out basement. The open and inviting kitchen/dining and living area has an oversized island with granite counter tops, a lovely copper sink, gas stove, and walk in pantry plus a brand new fridge. Garden doors lead to the 12 x 30' partially covered back deck and there's also a 6 x 42' covered front verandah for a wonderful country look and feel. Laundry closet and two piece powder room by the garage entry, main floor office, full bathroom plus a large master bedroom suite with walk in closet, spacious ensuite with a steam shower and air tub. The basement features a rec room area at the base of the stairs, 4 big bedrooms, a three piece bathroom and hook ups for a second laundry if desired. The unique basement floor is stained and sealed concrete and the walk out opens to the large back yard. Oversized, attached garage is also finished and heated and what every acreage needs is a shop and this one's a beauty - 40 x 60', finished and heated with 2 x 14' and 1 x 10' over head doors, a mezzanine and utility room. The acreage is a nice mix of natural and finished landscaping with perennial flowers and some trees. Note the fence line on the south side is 3' inside the property boundary. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.67 Ft x 10.33 Ft | |
| Bedroom | 13.42 Ft x 10.33 Ft | |
| Bedroom | 13.25 Ft x 9.67 Ft | |
| Bedroom | 12.42 Ft x 12.00 Ft | |
| Bedroom | 12.25 Ft x 12.25 Ft | |
| Recreational, Games room | 25.33 Ft x 24.58 Ft | |
| Furnace | 8.42 Ft x 14.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.00 Ft x 4.92 Ft | |
| 4pc Bathroom | 5.92 Ft x 11.08 Ft | |
| 4pc Bathroom | 14.58 Ft x 12.08 Ft | |
| Dining room | 11.17 Ft x 11.75 Ft | |
| Foyer | 9.00 Ft x 5.50 Ft | |
| Kitchen | 16.75 Ft x 11.75 Ft | |
| Living room | 21.58 Ft x 13.25 Ft | |
| Office | 11.50 Ft x 10.00 Ft | |
| Primary Bedroom | 12.92 Ft x 13.00 Ft | |
| Other | 8.42 Ft x 8.00 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
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Zoning
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Commute
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Deposit and financing conditions
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Inspection considerations
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Cash on cash
-0.81%
Cap rate
4.70%
GRM
13.9
Break-even rent
$6,756
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.
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jul 12, 2026.
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