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49118 Hwy 759
Beds
3
Baths
1
Sqft
1,981
Year
1975
Type
Agriculture
On market
3d
Invest in 36 acres that works for you! Within 15 minutes of Drayton Valley, this farm life is in prime location for the entrepreneur bringing potential for rental income, lease value and country living freedom. Paved all the way to the horseshoe driveway, and situated next to Crown land with fully fenced pasture and reliable dugout, the possibilities are endless! The charming farmhouse welcomes you with pitched cathedral ceiling and open concept layout. The sunken great room offers coziness with fireplace and built-in book shelving while the living room offers functionality for the family with back yard access and two bedrooms. Only a few steps down, enjoy another excellent sized bedroom, bathroom with walk in shower and laundry room. Upstairs, enjoy privacy of the primary suite. Spacious enough for a King, there is plenty of storage space and the convenient luxury of a 4 piece ensuite. Outside, the yard site has been thoughtfully landscaped boasting a large dog run, relaxing fish pond oasis and fire pit area. The affordable country dream is calling! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.17 Ft x 8.58 Ft | |
| Bedroom | 8.67 Ft x 13.08 Ft | |
| Laundry room | 9.08 Ft x 13.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.50 Ft x 8.58 Ft | |
| Bedroom | 9.58 Ft x 8.50 Ft | |
| Dining room | 7.42 Ft x 12.25 Ft | |
| Great room | 15.83 Ft x 17.67 Ft | |
| Kitchen | 10.42 Ft x 12.25 Ft | |
| Living room | 12.00 Ft x 17.50 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
-1.37%
Cap rate
4.59%
GRM
13.9
Break-even rent
$3,329
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.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Brazeau County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.