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Investment signal

$893,000

Couture Home Quarter & Acreage

Save this home

Beds

4

Baths

2

Sqft

Year

1977

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Antler Rm No. 61. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

COUTURE HOME QUARTER & ACREAGE NE 15-7-32-W1 | RM of Antler - Excellent opportunity to acquire a productive home quarter with established yard site in a strong agricultural area. Located 2.5 km west of Redvers on Highway 13, this property offers quality Type G soil, reliable access, and well-maintained infrastructure. The land consists of 145 cultivated acres of productive Type G soil, currently under a cash rental agreement in place until 2027, providing immediate rental income. Yard site is well laid out with mature shelterbelt and efficient access to fields. Seller or Buyer may consider subdividing the yard site (approx. 10 acres), allowing flexibility for future farm expansion or resale. Farm & Yard Infrastructure: • 40’ x 40’ insulated shop/garage with two 9’ x 10’ motorized overhead doors • 24’ x 36’ workshop with shelving and storage • Two powered Quonsets with cement floors and metal roofs: 1 - 36’ x 60’ with 12.5’ high x 15’ wide rail doors 1 - 26’ x 40’ • Four hopper bins (2 × 2,000 bu, 2 × 3,000 bu) with power supply, Bins negotiable • 2 LED yard lights The 4-bedroom, 2-bath split-level home offers just under 2,500 sq. ft. above grade, suitable for owner-operators or rental occupancy. Water supply is a 2,000-gallon cistern, with potential to resume dugout source via existing underground line. Heating is electric and propane, tank owned. Recent improvements include: windows, siding with insulation, spray-foam insulated family room, plumbing upgrades, 30-year shingles, septic system updates, and interior renovations (full list available). PRESENTING OFFERS APRIL 15. For additional details, land reports, or to arrange a private viewing, contact REALTORS® (id:65958)

Subtype
Single Family
Structure
House
Common interest
Freehold
Living area
2,474 square feet
Lot size
159 acres
Lot dimensions
159.00
Fireplace
1
On market
Jan 14, 2026
Status changed
Apr 24, 2026
Annual tax
$1,158 (2025)
Photos
43
MLS#
SK026752
Area
ANTLER_RM_NO._61

Features and systems

Parking

Detached GarageParking Space(s)GravelHeated Garage

Basement

Partially finishedPartial

Appliances

RefrigeratorDishwasherStoveOven - Built-InStorage ShedWindow CoveringsGarage door opener remote(s)

Heating

Baseboard heatersElectricPropane

Cooling

Window air conditionerWall unit

Lot

AcreageTreedOtherRectangular
Negative cash flow ~$974/mo at these assumptions

Cash on cash

-6.54%

Cap rate

3.56%

GRM

16.6

Break-even rent

$5,500

Financing

Down payment$178,600
Loan amount$714,400
Mortgage$3,620/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$409
Insurance$80
Maintenance$744
CapEx reserve$372
Vacancy loss$224

Estimates 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.

Mortgage estimate

Estimated $3,620/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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