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46 Mackenzie Crescent
LEGALLY SUITED BI-LEVEL W/2 SELF CONTAINED UNITS ~ 4 BEDROOM, 2 BATHROOMS MAIN UNIT & 2 BEDROOM, 1 BATHROOM SUITE ~ HEATED DOUBLE GARAGE & DOUBLE REAR PARKING PAD ~ As you approach this home, you will notice the outstanding curb appeal with many upgraded exterior finishings, including dual custom garage doors, two tone siding, exterior recessed perimeter lighting, 35-year shingles, and an inviting front veranda. The units are completely self-contained (no interior access between units) each with double concrete driveways and private entrances, two furnace rooms with high-efficiency furnaces, air exchange systems and commercial hot water tanks (units are on separate utility services). The main suite features an open concept carpet free floor plan with four bedrooms, two bathrooms and plenty of natural light from the extra large triple pane casement windows and 9 foot ceilings. The kitchen offers a functional layout with beautiful hickory cabinetry with crown molding, ample counter space, a large kitchen pantry, and a garden door leading to the sunny south facing deck. The primary bedroom has a unique walk-in closet, four piece ensuite with dual sinks hickory cabinetry and a walk-in shower. Two additional bedrooms on the main floor are both generous in size with ample closet space. An additional bedroom is downstairs. A heated attached double garage with 10 foot ceilings and epoxy floors complete the suite. Other features include centrally located main floor laundry, large walk-in linen closet, four piece main bathroom and closets with swing doors and automatic lighting. The rear double driveway leads to the private level entry to the fully self-contained secondary suite with large triple paned windows and 9 foot ceilings. Open concept main living space has an L-shaped kitchen with light pine cabinets, ample counter space and a granite composite sink. The kitchen opens to a generous sized dining space and living room with south facing windows that allow for plen ty of natural light. This suite is carpet-free, and has two bedrooms, four piece bathroom with Hickory cabinetry, laundry, plenty of storage space and its own utility room. Recent upgrades include replacement of all exterior door sets, garage furnace in 2025, stainless steel stove and microwave in 2026 and fencing in 2025. Located close to multiple parks, playgrounds and walking trails, with easy access to shopping, school, highway access and downtown Lacombe. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.08 Ft x 11.00 Ft | |
| Furnace | 4.92 Ft x 7.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 11.75 Ft x 13.17 Ft | |
| Kitchen | 11.17 Ft x 14.50 Ft | |
| Dining room | 10.08 Ft x 16.67 Ft | |
| Primary Bedroom | 11.75 Ft x 12.83 Ft | |
| 4pc Bathroom | 5.08 Ft x 10.75 Ft | |
| Other | — | |
| Bedroom | 9.92 Ft x 11.67 Ft | |
| Bedroom | 9.33 Ft x 9.92 Ft | |
| 4pc Bathroom | 4.92 Ft x 8.17 Ft | |
| Storage | — | |
| Laundry room | — |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| Living room | 11.33 Ft x 11.58 Ft | |
| Kitchen | 8.00 Ft x 11.42 Ft | |
| Dining room | 11.08 Ft x 14.08 Ft | |
| Primary Bedroom | 9.67 Ft x 12.58 Ft | |
| Bedroom | 9.00 Ft x 9.92 Ft | |
| 4pc Bathroom | 4.92 Ft x 8.33 Ft | |
| Furnace | 7.17 Ft x 10.25 Ft | |
| Laundry room | — |
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
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Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
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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
-1.21%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,857
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 Jun 19, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.