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Hill Spring · Single Family · under $925,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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42015 RR280
This property boasts unparalleled prairie and mountain views. Sitting above the village of Hill Spring with sweeping views of Chief Mountain to the south and the Waterton range to the west. This 4.47 acres is a gateway to outdoor recreation of all kinds. The 2017 home built with 2 levels totalling 2264 Sq ft is functional and carefully curated true to an Arts and Crafts integrity that includes heritage paint colours through out, craftsman moulding and trim, period light fixtures, and shiplap ceiling. Take the extra time to notice the details. But the beauty is only matched by the function. A gourmet kitchen includes pot filler over the high end range, a high end refrigerator, and vintage hand made tiles from Scotland on the back splash, lighted upper cabinets, movable island, and more. All set in a cozy great room with a Jotul wood burning stove. The primary suite is on the lower level and the upper level includes 2 more bedrooms, a 4 piece bath, and a 2 piece bath AND a huge family room flooded with light and a door to walk out to a huge wrap around balcony. Everything is in like new condition. It is a buyers dream to walk into this property. There is in floor heating on lower floor, A/C, Air to air auto air displacement system, and high end on demand water heater. NOW, let’s talk about the acres…fruit trees, and berry bushes, raised bed garden area, a gazebo with an outdoor fireplace. There are two garages and three sheds on the property. The water in on the town water line. The septic is tank and field. This whole property could easily be a revenue AirBnB potential. Waterton Lakes National Park is only 30 minutes away. The Waterton Dam reservoir with boating and water recreation only 10 minutes away. Fishing, hunting and winter skiing is all easily available for your favourite lifestyle. Come spend some time on this property and fall in love with a new way of life. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 6.08 Ft x 11.50 Ft | |
| 3pc Bathroom | 8.50 Ft x 11.42 Ft | |
| Primary Bedroom | 13.00 Ft x 14.67 Ft | |
| Living room/Dining room | 12.00 Ft x 19.00 Ft | |
| Kitchen | 17.83 Ft x 11.50 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 16.00 Ft x 25.00 Ft | |
| Bedroom | 14.25 Ft x 15.25 Ft | |
| 2pc Bathroom | 3.25 Ft x 7.67 Ft | |
| 4pc Bathroom | 7.42 Ft x 10.92 Ft | |
| Bedroom | 11.50 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
-0.94%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,240
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 Apr 11, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.