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Rural Foothills County · Single Family · under $6,225,000 · 5+ bed · 6+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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96012 198 Avenue W
This SPECTACULAR LIFESTYLE PROPERTY defines the ULTIMATE COUNTRY ESTATE, set on a STUNNING + PRIVATE 29.79 ACRES IN FOOTHILLS COUNTY. Offering POTENTIAL FOR SUBDIVISION into 3–6 LOTS (w/ MD APPROVAL), this is a RARE OPPORTUNITY to secure a premier estate w/LONG-TERM DEVELOPMENT + INVESTMENT POTENTIAL.The CUSTOM-BUILT 2-STOREY WALK-OUT residence offers an IMPRESSIVE 10,629 SQ FT of FULLY DEVELOPED LIVING SPACE (6,128 SQ FT AG + 4,158 SQ FT BG), complemented by an OVERSIZED HEATED ATTACHED TRIPLE GARAGE (45'2" X 24'10") + BREATHTAKING VIEWS.Thoughtfully designed as 1 RESIDENCE W/2 DISTINCT LIVING SPACES, the home provides exceptional flexibility for PRIVATE GUEST ACCOMMODATION or SEAMLESS MULTI-GENERATIONAL LIVING — all while maintaining the elegance + cohesion of a single estate.With 5 BEDROOMS, 6 FULL & 2 HALF BATHS, along w/a SPA ROOM, WINE CELLAR, + FULL THEATRE, this ARCHITECTURAL SHOWPIECE delivers a refined balance of LUXURY, COMFORT, + PRIVACY.From the moment you arrive, the IMPACT IS UNDENIABLE. A grand 13’5” CEILING HEIGHT welcomes you into a SPRAWLING MAIN FLOOR w/sophisticated design, feat. a formal FOYER, LIVING ROOM W/GAS FIREPLACE, custom STONE SURROUND + BUILT-IN WINDOW SEATING.The CHEF-INSPIRED KITCHEN is a true culinary haven w/MIELE BUILT-IN APPLIANCES, including CONVECTION OVEN, INDUCTION COOKTOP, STEAM OVEN, + INTEGRATED FRIDGE, QUARTZ COUNTERTOPS, GLASS BACKSPLASH, + a FULL WALK-IN PANTRY. Adjacent is a COFFEE STATION, FORMAL DINING AREA, + BREAKFAST NOOK – bathed in natural light and offering seamless flow to EXPANSIVE OUTDOOR LIVING AREAS.The MAIN-LEVEL PRIMARY SUITE is a PRIVATE SANCTUARY feat. a LUXURIOUS 6-PC SPA-STYLE ENSUITE w/DUAL SHOWER, SOAKER TUB, DUAL VANITIES, + a MASSIVE WALK-IN CLOSET W/CUSTOM BUILT-INS.The main level also offers a LARGE LAUNDRY ROOM, POWDER ROOM, OFFICE/STUDY W/SHELVING, + a generous MUDROOM W/LOCKERS + BENCH SEATING – each space reflecting THOUGHTFUL DESIGN + ELEVATED COMFORT.The 2 Level has 2 GEN EROUS BEDROOMS each w/WALK-IN CLOSETS + ENSUITES, along w/a 49' BONUS ROOM, perfect for relaxation, play, or media use.The WALK-OUT BASEMENT includes a LARGE FAMILY ROOM, FULL HOME THEATRE, STEAM BATH, SAUNA, HIDDEN ROOM, OFFICE, WINE CELLAR W/TEMPERATURE CONTROL, WET BAR, + a PRIVATE GUEST RETREAT complete w/a LIVING ROOM, KITCHEN, BEDROOM, BATHROOM, LAUNDRY, + FLEX SPACE — reinforcing the home’s DUAL LIVING CONFIGURATION WITHIN ONE RESIDENCE.Multiple DECKS + PATIOS further expand the property’s functionality + charm w/a COVERED PATIO, including a HOT TUB DECK, SIDE SEATING AREA, + ENTERTAINMENT PATIOS for year-round enjoyment. Features: In-Floor Radiant Heat, Triple Glazed Double Low, a SOPHISTICATED Mechanical Room, Sprinkler Systems, Smart Home Features + MORE.Set in a PRIVATE, DESIRABLE LOCATION MINs to CALGARY, this home offers the FINEST ELEMENTS OF RURAL ESTATE LIVING w/the ADDED BONUS of FUTURE SUBDIVISION POTENTIAL — a TRULY RARE COMBINATION of LUXURY + LAND VALUE + DEVELOPMENT OPPORTUNITY. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 19.33 Ft x 24.00 Ft | |
| 2pc Bathroom | 5.67 Ft x 9.42 Ft | |
| Media | 12.33 Ft x 19.50 Ft | |
| Sauna | 5.33 Ft x 6.83 Ft | |
| Steam room | 5.33 Ft x 6.83 Ft | |
| 3pc Bathroom | 6.00 Ft x 11.33 Ft | |
| Bedroom | 12.42 Ft x 13.92 Ft | |
| Other | 4.67 Ft x 4.83 Ft | |
| 4pc Bathroom | 5.92 Ft x 12.33 Ft | |
| Other | 8.58 Ft x 11.08 Ft | |
| Wine Cellar | 15.42 Ft x 16.33 Ft | |
| Office | 15.42 Ft x 16.33 Ft | |
| Other | 4.67 Ft x 8.50 Ft | |
| Furnace | 10.17 Ft x 12.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 15.75 Ft x 28.00 Ft | |
| Kitchen | 17.00 Ft x 23.00 Ft | |
| Dining room | 13.00 Ft x 14.50 Ft | |
| Pantry | 6.58 Ft x 8.25 Ft | |
| Other | 6.58 Ft x 8.25 Ft | |
| Primary Bedroom | 15.33 Ft x 15.92 Ft | |
| Other | 8.92 Ft x 15.58 Ft | |
| 6pc Bathroom | 10.50 Ft x 25.50 Ft | |
| Bedroom | 10.58 Ft x 12.25 Ft | |
| Foyer | 9.75 Ft x 13.17 Ft | |
| Living room | 16.08 Ft x 18.58 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bonus Room | 11.58 Ft x 49.00 Ft | |
| Bedroom | 12.33 Ft x 12.58 Ft | |
| Other | 5.25 Ft x 9.92 Ft | |
| 4pc Bathroom | 5.92 Ft x 10.42 Ft | |
| Bedroom | 12.33 Ft x 12.50 Ft | |
| Other | 5.25 Ft x 6.33 Ft | |
| 3pc Bathroom | 5.25 Ft x 9.42 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
-0.45%
Cap rate
4.77%
GRM
13.9
Break-even rent
$34,952
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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jul 3, 2026.
| Kitchen | 10.58 Ft x 19.42 Ft |
| Primary Bedroom | 13.00 Ft x 13.42 Ft |
| 4pc Bathroom | 6.33 Ft x 13.08 Ft |
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
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