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Legal suite

$880,000

426 Wisteria Lane

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Beds

4

Baths

4 full + 1 half

Sqft

Year

2022

Type

Single Family

Suite

Legal suite

Location nearby

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

About this home

Welcome to St. Margarets Villagean upscale, wooded community just minutes from Exit 5 off Highway 103where luxury meets smart living. This stunning 3-year-old executive two-storey is designed for todays lifestyle, offering a fully legal secondary suite ideal for extended family, guests, or income potential. The main home impresses with soaring 14-foot ceilings in the sun-filled great room, creating an airy, upscale feel. The open-concept layout showcases a beautifully finished kitchen with granite countertops, modern lighting, and seamless flow to the private rear deckperfect for relaxing while overlooking peaceful, forested surroundings. A spacious main floor primary suite with ensuite and walk-in shower, powder room, and main floor laundry adds everyday convenience and long-term comfort. Upstairs, youll find two generous bedrooms and a full bathideal for family or guests. The lower level features a self-contained legal suite with its own address, entrance, parking, heat pump, and patio. Complete with a large bedroom, full kitchen, living space, and office/storage room, its perfectly suited for aging parents, adult children, or rental/Airbnb incomeoffering true independence without compromise. Both units are thoughtfully designed with wheelchair accessibility (36 doors, grade entry) and high-end finishes throughout. The circular driveway enhances ease of access and privacy for both living spaces. Set in the quiet, desirable community of St. Margarets Village, this property offers the rare combination of executive style, multi-generational flexibility, and income potentialall within an easy commute to the city. A home that adapts to your lifetoday and for years to come. (id:65958)

Subtype
Single Family
Structure
House
Community
Upper Tantallon
Common interest
Freehold
Living area
3,217 square feet
Lot size
0.84 acres
Lot dimensions
0.8405
Bedrooms
3 above grade, 1 below grade
Stories
2
On market
Apr 20, 2026
Status changed
Apr 28, 2026
Photos
49
MLS#
202607937
Area
UPPER_TANTALLON

Features and systems

Parking

Attached GarageGaragePaved Yard

Basement

FinishedFullWalk out

Appliances

WasherRefrigeratorOven

Cooling

Heat Pump

Exterior

Vinyl

Flooring

HardwoodLaminate

Foundation

Poured Concrete

Community

School Bus
Negative cash flow ~$139/mo at these assumptions

Cash on cash

-0.95%

Cap rate

4.67%

GRM

13.9

Break-even rent

$5,421

Financing

Down payment$176,000
Loan amount$704,000
Mortgage$3,567/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$403
Insurance$80
Maintenance$733
CapEx reserve$367
Vacancy loss$264

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 $3,567/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 28, 2026.

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