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Investment signal

$730,000

MILDEN FARM

Beds

5

Baths

4

Sqft

Year

2008

Location

See the block, not just the house.

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About this home

Located just minutes south of Milden and right on the pavement, this versatile quarter section features two homes, multiple outbuildings, and everything you need for a mixed farm or hobby operation. The main home, built in 2008, offers 1,788 sq ft of well designed living space on a fully finished ICF basement, along with an attached double garage. A heated mudroom/breezeway connects the home and garage—perfect for farm dogs, boots, and outerwear. Inside, a spacious kitchen with island and pantry flows into a generous dining area with garden doors leading to a two tier deck. The front door opens to a small balcony, adding another charming outdoor space. Down the hall is a 4 pc bath, and three bedrooms, one of which is the primary suite with its own 3 pc ensuite. A convenient main floor laundry with 2 pc bath is located just off the kitchen. The lower level features in floor heat, two additional bedrooms, a 4 pc bath, and a large family room. -- A separate 864 sq ft residence on a full basement offers two bedrooms, one bath, and its own garage. With its own power meter, it’s an excellent option for rental income, hired help, or extended family. -- West of the home sits a 36' x 50' heated shop with an overhead door large enough for a semi. The exterior is equipped with 63 solar panels that feed back to the grid, offsetting roughly 10 months of electricity costs each year. A second smaller shop with overhead door connects to a compact calving barn with hay storage and direct access to the corrals. Additional structures include multiple sheds, a well house, a small greenhouse, run in shelters, and bins. The property has two wells and four livestock watering bowls. The quarter is partially fenced, with much of the land currently in hay production. Smaller pastures near the yard are ideal for keeping livestock close to the handling facilities and shelters. (id:65958)

Subtype
Agriculture
Architectural style
Raised bungalow
Structure
Unknown
Living area
1,788 square feet
Lot size
159 acres
Lot dimensions
159.00
On market
Apr 1, 2026
Status changed
Apr 17, 2026
Photos
50
MLS#
SK031778
Area
MILDEN_RM_NO._286

Features and systems

Parking

Attached Garage

Basement

FinishedFull

Heating

Forced airIn Floor HeatingElectricSolar

Lot

No bush

Community

School Bus
Negative cash flow ~$1,442/mo at these assumptions

Cash on cash

-11.86%

Cap rate

3.52%

GRM

16.7

Break-even rent

$5,168

Financing

Down payment$146,000
Loan amount$584,000
Mortgage$3,583/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$335
Insurance$80
Maintenance$608
CapEx reserve$304
Vacancy loss$183

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Milden Rm No. 286. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,583/mo at 5.49% with 20% down, 25-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 17, 2026.

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