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Lacombe · Single Family · under $575,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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8 Petticoat Lane
Welcome to English Estates, where oversized lots and quiet streets create one of Lacombe’s most coveted neighborhoods. This beautifully cared for bi-level sits on an impressive 1/3 of an acre lot and delivers the perfect blend of comfort and privacy. With four bedrooms and three bathrooms there is plenty of room for family life, guests, or a growing household. The main level showcases hardwood and tile flooring, a spacious kitchen with eating bar, a large formal dining area overlooking the sunken living room with a wood-burning fireplace. Three generous bedrooms and two bathrooms complete the upper level, including a comfortable primary suite with a three piece ensuite and walk-in closet. The developed walkout basement offers a huge family room, fourth bedroom, three piece bathroom, storage, and laundry, (with potential for a fifth bedroom with minimal effort.) Step outside the garden doors from the family room into the secluded backyard that feels like your own private retreat. Surrounded by mature trees and lush greenery, it’s the kind of outdoor space that’s hard to find and even harder to leave. Updates which bring peace of mind and a refreshed look include new pex water lines (Dec 2025), shingles (2019), siding (2019), and windows. Practical perks include RV parking, an attached double garage, enclosed under deck storage and a layout designed for real life. This is a home that’s been truly loved — inside and out — and it shows. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 15.33 Ft x 10.25 Ft | |
| Laundry room | 8.83 Ft x 17.17 Ft | |
| Family room | 23.33 Ft x 13.00 Ft | |
| Storage | 8.83 Ft x 12.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | .00 Ft x .00 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 9.08 Ft x 10.00 Ft | |
| Bedroom | 8.92 Ft x 10.08 Ft | |
| Other | 9.08 Ft x 10.83 Ft | |
| Dining room | 8.92 Ft x 12.92 Ft | |
| Kitchen | 8.92 Ft x 12.92 Ft | |
| Living room | 16.50 Ft x 11.00 Ft | |
| Primary Bedroom | 12.00 Ft x 13.58 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
-1.32%
Cap rate
4.60%
GRM
13.9
Break-even rent
$3,298
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.
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 Jul 1, 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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