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Whitecourt · Single Family · under $675,000 · 4+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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42 Riverstone Road
Welcome to the kind of home you never want to leave! Perfectly positioned on a family oriented street & backing onto a greenbelt of mature trees, this meticulously maintained modified bilevel home is exactly what dreams are made of. Built in 2013, this beautiful home offers 3200sq ft of finished living space, 5 generously sized bedrooms & 3 bathrooms, walkout basement and a 9600 sq ft landscaped lot. The main floor welcomes you with soaring vaulted ceilings, a double sided gas fireplace that has beautiful rock detail that gives a nice separation between the living and dining but still allowing open concept to both areas from the kitchen. The kitchen is truly the heart of the home, complete with granite countertops, large island, an a walk in pantry. Down the hall is two bedrooms with a great sized main bath in between. Laundry is also conveniently tucked away on this floor. The primary suite is it's own private escape upstairs where you will also find a walk in closet, array of window that look to the street and an ensuite featuring tiled corner tub, separate shower & vanity. Downstairs the walk out basement creates even more entertainment space to gather, designed with a wet bar that opens up into the family room and tall ceilings yet again throughout. There are 2 huge bedrooms and a 4pc bath that complete the basement. Step outside and you'll quickly understand what makes this property so special. Enjoy peaceful views from the upper or lower decks, soak in the hot tub after a long day, gather around the fire pit on a summer evenings or simply just appreciate the beautifully landscaped 9600 sq ft yard. Additional features include central AC, natural gas bbq hook up, heated 24X24 garage with direct access to the basement(great idea!) This home strikes the perfect balance between luxury and everyday practicality, beautifully designed for the way families live! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.08 Ft x 10.92 Ft | |
| Bedroom | 13.00 Ft x 10.42 Ft | |
| Bedroom | 14.83 Ft x 11.42 Ft | |
| Recreational, Games room | 22.08 Ft x 26.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.83 Ft x 11.50 Ft | |
| Bedroom | 10.00 Ft x 12.42 Ft | |
| Dining room | 13.92 Ft x 7.17 Ft | |
| Kitchen | 15.75 Ft x 12.33 Ft | |
| Laundry room | 7.58 Ft x 5.50 Ft | |
| Living room | 18.75 Ft x 12.00 Ft | |
| Bedroom | 10.00 Ft x 15.00 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 18.00 Ft x 12.00 Ft | |
| 4pc Bathroom | 10.17 Ft x 8.67 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
-1.09%
Cap rate
4.65%
GRM
13.9
Break-even rent
$3,844
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 Jul 9, 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.
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