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308, 40422 Range Road 10
Beds
2
Baths
3 full + 1 half
Sqft
2,515
Year
2012
Type
Single Family
On market
17d
1.09 ACRE LAKE FRONT LOT ~ CUSTOM BUILT 1.5 STOREY ~ HIGH END FINISHES THROUGHOUT ~ HEATED TRIPLE ATTACHED GARAGE + RV PARKING ~ Beautifully landscaped front yard with a u-shaped driveway ~ Hardie board siding, composite shake accents, & dramatic gabled rooflines give this home chalet-inspired curb appeal ~ 42' solid ash door with privacy glass welcomes you ~ The open concept living space features soaring vaulted ceilings & floor to ceiling windows with views of Gull Lake ~ The living room features a wood burning stove w/a stone accent wall ~ The stunning kitchen offers an abundance of knotty alder cabinets with auto-open upper cabinets and garbage/recycling drawer; endless leathered granite counters including an island with waterfall ends; upgraded appliances including an integrated Sub-Zero French door fridge and freezer, Wolf cooktop, built-in wall oven & microwave, integrated Bosch dishwasher ~ Easily host large gatherings in the dining space featuring large windows and garden door access to the deck & outdoor kitchen ~ The massive deck with lake views & composite deck boards has an outdoor kitchen with a built-in gas BBQ, built-in cabinets and stone countertops, & space for entertaining ~ Large butler's pantry is just off the kitchen and offers more Alder cabinets, 3 lockers & tons of storage space ~ The spacious mud room has built-in cabinets, storage lockers, tons of boot/shoe storage ~ 2PC bathroom w/floating vanity made from knotty elder ~ Open staircase overlooks the main floor below & leads to the upper level library with built-in shelving & lake views ~ The private primary suite offers a queen size floating platform bed with built in storage, LED accent lighting & triple pane windows with built in blinds ~ Spa-like ensuite offers heated tile floors, 2 floating vanities with vessel sinks, built-in make-up cabinet with mirrors, and a temperature-controlled shower with a rain shower and multiple shower heads/sprayers ~ 18' x 9' walk-in closet offers built-i n dressers loaded with cabinets & drawers, tons of built in closet organizers, a built-in safe, bench & mirrors ~ Large flex space offers a huge built-in desk with two work stations, tons of carbonized bamboo cabinets and drawers, and a front load laundry pair ~ The fully finished walkout basement with operational in-floor heat is the perfect guest space offering a kitchenette with a full size fridge, a 3 piece bathroom, & a sitting area/bed space more built-in cabinets plus walk-out access to the patio & yard ~ Covered concrete patio has wiring for a hot tub & access to the under drive garage (used as a bike garage & gym) that's loaded built in cabinets ~ Other great features: HE furnace, AC, on demand well water with chlorine filter & water softener, permanent Christmas lights ~ HEATED 30’ x 34’ garage w/ 2- 10 x 8 overhead doors ~ Concrete RV area with water, 30 amp power & dump station ~ 14 X 10 shed with matching Hardie board siding ~ Plus tons of outdoor space with 1.09 acres backing onto Gull Lake (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.83 Ft x 13.67 Ft | |
| 4pc Bathroom | 5.67 Ft x 9.58 Ft | |
| Other | 10.17 Ft x 11.83 Ft | |
| Furnace | 10.33 Ft x 13.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 7.75 Ft x 14.17 Ft | |
| Kitchen | 11.33 Ft x 14.42 Ft | |
| Dining room | 9.00 Ft x 12.42 Ft | |
| Living room | 18.00 Ft x 23.33 Ft | |
| 2pc Bathroom | 3.00 Ft x 7.17 Ft | |
| Other | 9.08 Ft x 10.83 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 17.00 Ft x 17.25 Ft | |
| 5pc Bathroom | 9.58 Ft x 17.00 Ft | |
| Other | 9.00 Ft x 17.92 Ft | |
| Other | 8.42 Ft x 14.25 Ft | |
| Office | 17.92 Ft x 18.08 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
-0.75%
Cap rate
4.71%
GRM
13.9
Break-even rent
$7,666
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 Jun 6, 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 Lacombe County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.