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23, 501 School
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Trochu · Single Family · under $125,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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?? Welcome to 23, 501 School Road — Trochu, Alberta. Step into this completely updated, beautifully renovated 3-bedroom mobile home located in the friendly community of Trochu, AB. Thoughtfully redesigned inside and out, this home offers modern comfort, stylish finishes, and true move-in-ready convenience. The dramatic exterior renovation sets the tone, featuring a brand-new deck that leads to a striking deep red front door, new siding, complete with James Hardie Smart Trim. The upgrades continue with new windows, siding, and roof, along with matching improvements to the storage shed, creating a clean, cohesive look. Inside, the transformation continues. The heart of the home is the modern, updated kitchen, complete with refreshened cabinetry, trendy countertops, and efficient layout — perfect for cooking, hosting, or everyday living. The beautifully renovated bathroom offers a fresh feel with updated fixtures and finishes. Natural light fills the living spaces, including a welcoming family room anchored by a new wood stove that adds warmth and charm. With all-one-level living, this home is both practical and comfortable, offering space to grow and room to relax. Whether you're searching for your first home, planning a smart downsize, or looking to add a strong investment property to your portfolio, this thoughtfully updated home delivers exceptional value and modern appeal. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 15.67 Ft x 13.00 Ft | |
| Kitchen | 8.67 Ft x 13.00 Ft | |
| Dining room | 8.42 Ft x 13.00 Ft | |
| Family room | 19.08 Ft x 11.17 Ft | |
| 5pc Bathroom | 7.75 Ft x 8.00 Ft | |
| Primary Bedroom | 10.75 Ft x 13.00 Ft | |
| Bedroom | 6.92 Ft x 9.83 Ft | |
| Bedroom | 8.08 Ft x 9.92 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
86.53%
Cap rate
22.17%
GRM
3.8
Break-even rent
$745
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 May 4, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.