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Reduced $40,000 (7%) from $589,000
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Olds · Single Family · under $600,000 · 4+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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5401 Shannon Drive
Host gatherings effortlessly in this thoughtfully designed home, where the open concept layout provides the flexibility to accommodate both intimate get togethers and larger groups, whether indoors or out. Step outside to enjoy the spacious deck, a sun filled patio, and a walkout basement that seamlessly connects your living space to the outdoors. Beyond the back fence, you’ll find a community park, offering added green space and a welcoming extension of your backyard. Inside, the home features over 1,800 square feet of well planned living space, complemented by a fully developed lower level. Downstairs, you’ll discover three additional bedrooms, a full bathroom and a comfortable family room with in floor slab heating and direct access to the lower patio ideal for guests, teens or extended family living. Designed to make the most of natural light, the main living areas including the living room, dining space, kitchen, and solarium are bright and inviting, creating a warm and cheerful atmosphere throughout the day. Even practical touches have been considered, like the conveniently placed clothesline on the east side. This is a home where everything is ready for you simply move in, settle down, and enjoy. Call today for your private tour!! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Bedroom | 14.25 Ft x 10.92 Ft | |
| Bedroom | 13.08 Ft x 18.42 Ft | |
| Family room | 23.58 Ft x 25.42 Ft | |
| Bedroom | 13.00 Ft x 15.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.33 Ft x 11.67 Ft | |
| Dining room | 18.75 Ft x 12.75 Ft | |
| 4pc Bathroom | — | |
| Kitchen | 13.17 Ft x 14.75 Ft | |
| Living room | 24.17 Ft x 25.67 Ft | |
| Sunroom | 9.00 Ft x 11.08 Ft | |
| Primary Bedroom | 20.25 Ft x 11.00 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).
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 Jun 23, 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.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.