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54032 Highway 748N
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Beds
4
Baths
2
Sqft
2,200
Year
1953
Type
Single Family
On market
178d
Rare opportunity to own two residences on 149.49 acres of productive, subdividable land just minutes from town, directly off pavement with no road bans. This exceptional property offers an ideal blend of comfortable living, income potential, & a fully developed livestock operation. The original 1.5-storey home features 4 bedrooms & 2 bathrooms, with two bedrooms on the main level & two upstairs. The main floor showcases hardwood flooring in living areas & tile in the kitchen and bathroom, complete with electric in-floor heat and hallway controls. The primary bedroom includes a sliding barn door leading to the bathroom. Upstairs offers newer glue-down LVP flooring in bedrooms and hallway, with a bathroom finished in linoleum. Major upgrades include an on-demand hot water system, forced-air furnace, updated electrical during the 2000 addition, and new shingles and siding (2019). Enjoy the covered front porch with swing, included with the home. A triple detached garage (built 2000) features in-floor heat, three automatic door openers, & an additional concrete pad with in-floor heat lines already installed, offering excellent expansion potential. The second residence is a 2006 modular home with its own power meter & natural gas service. It offers a spacious primary bedroom with ensuite, walk-in closet & jacuzzi tub, plus three additional bedrooms and a full bathroom. Updates include new LVP flooring throughout (2022), a new hot water tank (2022), new oven & range hood (2025), & a newer deck (2024). The mobile has consistently rented for $1,750/month since 2022 & is currently month-to-month, making it an excellent income property. Water infrastructure is extensive and well planned. The home well is approximately 120 ft deep with pressure tank & filtration, while the mobile is serviced by a separate 160 ft well with a 220V pump & VFD constant pressure controller. A seasonal 1.5” HDPE pipeline (nearly one mile) supplies water to 20 paddocks, with 11 strategically placed o utlets. A heated livestock waterer, frost-free hydrant, & fenced-off natural water source further enhance the operation. The land consists of approximately 150 acres of tame pasture, high-tensile electric fencing, a one-mile alleyway for livestock rotation. A stream runs nearly year-round and is fenced to protect water quality. Additional features include an electric powered driveway gate with lighting, multiple outbuildings, a campground area with outhouse near the stream crossing, natural gas servicing the house, mobile, garage, & barn, both septic systems under 20 years old. This is a one-of-a-kind, multi-use property offering residential comfort, agricultural efficiency, rental income! Adjacent 1/4 also available for purchase. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Storage | 26.67 Ft x 23.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 6.17 Ft x 14.92 Ft | |
| Bedroom | 11.42 Ft x 15.00 Ft | |
| Bedroom | 14.33 Ft x 11.75 Ft | |
| Dining room | 12.33 Ft x 11.42 Ft | |
| Family room | 18.58 Ft x 15.75 Ft | |
| Foyer | 8.67 Ft x 7.33 Ft | |
| Kitchen | 12.33 Ft x 15.08 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 9.00 Ft x 13.67 Ft | |
| Bedroom | 9.67 Ft x 15.83 Ft | |
| Bedroom | 9.25 Ft x 13.75 Ft |
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
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
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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
-6.64%
Cap rate
3.54%
GRM
16.7
Break-even rent
$5,209
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 1, 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 Rural Yellowhead County. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.