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508 Evergreen Avenue
Beds
2
Baths
1
Sqft
918
Year
1926
Type
Single Family
On market
18d
Welcome to Sun Dance Lodge — a rare and authentic log home tucked quietly into the trees beneath the mountains of Waterton Lakes National Park. Rich in character and history, this is more than a cabin — it is part of Waterton’s original heritage. Built by renowned craftsman Walter B. Foster as the second log cabin he ever constructed, and originally built for himself, Sun Dance Lodge offers a timeless mountain lifestyle that feels beautifully untouched by the modern world while still providing the comforts of today.From the moment you step inside, the warmth and charm are undeniable. The crackle of the wood-burning stove, the warm interior, and the feeling of being nestled directly into the mountains create an atmosphere that is both cozy and unforgettable. The home features 2 bedrooms on the main floor, while a spacious upper sleeping loft accessed by a pull-down ladder provides additional room for family and guests. The fully updated 4-piece bathroom blends modern convenience with rustic elegance.Though it feels like the perfect summer retreat, this cabin is suited for year-round living — and winter in Waterton may just become your favourite season. The lower “carriage house” basement offers laundry and utility space, while outside, the patio and wood-burning chiminea create the perfect gathering place after a day spent exploring the park.One of the most remarkable features of Sun Dance Lodge is its setting. Positioned between two vacant lots that can never be developed, with mountains rising behind and a sloped approach in front, the sense of privacy and connection to nature is exceptionally protected. Here, your neighbours are trees, wildflowers, and wildlife as the deer and mountain sheep love to nestle on these mountain lots. Whether your ideal days involve hiking, fishing, golfing, wildlife viewing, paddle sports, or simply wandering through the charming village shops and restaurants, everything is just a short stroll away — including tennis and pickleb all courts. Opportunities to own within Waterton are incredibly limited, and future development is tightly restricted, making this not only a beautiful retreat, but a truly rare offering.This is the kind of community lifestyle that has disappeared in so many places. At Sun Dance Lodge, it still exists. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 17.17 Ft x 13.83 Ft | |
| Kitchen | 17.58 Ft x 6.92 Ft | |
| Bedroom | 11.33 Ft x 9.75 Ft | |
| Bedroom | 8.75 Ft x 9.67 Ft | |
| 4pc Bathroom | 8.92 Ft x 5.25 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Other | 5.33 Ft x 29.42 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
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Suite legality / potential
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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
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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
-0.64%
Cap rate
4.74%
GRM
13.9
Break-even rent
$9,728
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 8, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Waterton Park. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.