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Rural Strathcona County · Single Family · under $3,025,000 · 6+ bed · 5+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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52073 HWY 21
Rare 74.87-acre agricultural property in Strathcona County combining exceptional income potential with an unmatched rural lifestyle. Just 5 minutes to Sherwood Park and 7 minutes to Anthony Henday Drive. The main house features over 3,136 sq ft across two levels — main floor with 1 bed, 5-pc ensuite and 2-pc bath plus 3 beds and 5-pc bath below, and an upper floor with second kitchen, 2 beds, flex room, 2 x 4-pc ensuites and 2-pc bath. A two-storey wrap-around deck overlooks the adjacent lake. Also included: a permitted 4-bed garden suite (1,148 sq ft), a 5-bed modular home with flex room (1,812 sq ft), and over 7,500 sq ft of commercial shop space. Wood burning fireplaces in the main house (both levels) and modular home. Enjoy direct access to a private lake, 74 acres of mixed open and treed land, and breathtaking views from every residence. Current rental income of approximately $6,750/month. Direct Hwy 21 access. Visit the listing REALTOR®'s website for additional property information. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 5 | — | |
| Bedroom 6 | — | |
| Additional bedroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | — |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 2 | — | |
| Bedroom 3 | — | |
| Bedroom 4 | — |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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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
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
-0.52%
Cap rate
4.76%
GRM
13.9
Break-even rent
$17,006
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.
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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