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78512 Highway 744
Beds
5
Baths
4 full + 1 half
Sqft
1,704
Year
1980
Type
Single Family
On market
7d
Country living with room to grow, work, and play! Nestled on 12.5 acres, this well-maintained bungalow offers over 5 bedrooms, 3.5 bathrooms, and an abundance of functional living space both inside and out. The inviting main floor features a spacious layout with a bright living area, dining space with access to the expansive deck, and a well-designed kitchen with extensive cabinetry and prep space. The primary suite includes a private 3-piece ensuite and generous closet space, while two additional bedrooms, a full bathroom, and a powder room with main-floor laundry add convenience for everyday living. The fully developed basement is ideal for large families, multi-generational living, or future suite potential. Featuring two additional bedrooms, a full bathroom, a wet bar, multiple recreation areas, and a large flex room complete with cabinetry, sink, and cold storage, the possibilities are endless. Significant updates have already been completed, including paint, new light fixtures, new windows, shingles, overhead garage doors, two high-efficiency furnaces, and central air conditioning. The heated attached garage measures 23' x 31' and includes built-in storage, while the impressive 24' x 58' shop and two additional outbuildings provide exceptional space for hobbies, equipment, vehicles, or storage. Outside, enjoy the beauty of mature trees, established landscaping, perennial gardens, and a large garden plot. Whether you're seeking more space for your family, a hobby farm lifestyle, or simply a peaceful rural setting, this property offers the perfect blend of comfort, functionality, and country charm. Book your showing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.83 Ft x 11.92 Ft | |
| Bedroom | 9.75 Ft x 11.67 Ft | |
| 3pc Bathroom | 5.17 Ft x 8.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.00 Ft x 11.75 Ft | |
| 3pc Bathroom | 4.58 Ft x 7.58 Ft | |
| 4pc Bathroom | 7.25 Ft x 8.08 Ft | |
| Bedroom | 11.75 Ft x 13.17 Ft | |
| Bedroom | 11.75 Ft x 13.17 Ft | |
| 2pc Bathroom | 5.67 Ft x 8.08 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
8.56%
Cap rate
6.58%
GRM
10.7
Break-even rent
$2,662
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 2, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rural Smoky River No. 130, M.D. of. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.