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505 Epiphany Bay
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Beds
3
Baths
2 full + 1 half
Sqft
1,003
Year
2004
Type
Single Family
On market
35d
Say hello to carefree living in this beautiful fully finished and air conditioned bungalow in the peaceful and secluded 55+ community of Prince of Peace Village. This villa style duplex is perfectly situated backing onto an Aspen grove and open green space offering both privacy and natural beauty. You’ll love the spacious open concept layout and large windows showcasing your natural surroundings. The well equipped kitchen features bright white cabinets, stainless steel appliances and a handy moveable island. It is open to both the main living area and the dining room. Your primary bedroom is located just off the main living area and also takes advantage of the tranquil view. You can conveniently access the main bath from the primary as well as the main hallway in the cheater ensuite where you’ll enjoy the large easy to enter shower, laundry and plenty of storage. The second bedroom on this level would make a great den or guest room depending on your needs. In the fully finished lower level you’ll find a generous recreation area to set up as a TV room or entertaining space. There is also a 3rd bedroom, den/craft room, half bath, work shop space, cold room and ample storage. The back patio is the ideal place to sit and enjoy nature and maybe catch a glimpse of some local wildlife. A single attached garage with epoxy flooring, a storage bump out and a window will fit a full sized truck. New carpet and vinyl plank flooring throughout the main floor. Living in Prince of Peace Village is more than just a home - it is a lifestyle upgrade. You’re going to love being part of this wonderful community where you can meet friends for coffee at the Manor, take part in community activities, utilize the amenities, enjoy the over 5 kilometres of walking trails including a wildlife pond or take a rest on one of the many benches and just enjoy being immersed in nature. There is even RV parking available near the community centre making this the perfect location for snowbirds who en joy a lock it and leave it lifestyle in the winter. And all exterior maintenance, lawn care and snow removal are included in the condo fees leaving you more time to do the things you love. Plus you have easy access to Stoney Trail, Hwy 1, shopping, restaurants and more. You’re going to love living here! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 6.00 Ft x 3.75 Ft | |
| Bedroom | 9.42 Ft x 10.00 Ft | |
| Den | 9.08 Ft x 10.08 Ft | |
| Recreational, Games room | 19.67 Ft x 18.42 Ft | |
| Storage | 14.58 Ft x 14.25 Ft | |
| Storage | 7.33 Ft x 4.25 Ft | |
| Furnace | 9.92 Ft x 13.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.67 Ft x 14.17 Ft | |
| Bedroom | 13.83 Ft x 12.00 Ft | |
| Primary Bedroom | 10.00 Ft x 14.17 Ft | |
| Dining room | 7.75 Ft x 7.42 Ft | |
| Living room | 18.00 Ft x 13.00 Ft | |
| Storage | 2.83 Ft x 3.42 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 10.67 Ft x 12.83 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
-5.23%
Cap rate
3.82%
GRM
15.6
Break-even rent
$2,813
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 9, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Rocky View County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.