240 Sheep River Lane
Okotoks, Alberta T1S1N8

3 beds · 3 baths · 1213 sqft

LEGALLY SUITED home on a quiet cul-de-sac in the wonderful community of Sheep River. Live up and let your renters pay your mortgage in this delightful, freshly painted home with many renovations. Major updates to the home include a newer furnace (2020), all siding on the home (2023), roof with 40 year hail proof shingles (2020) and new deck and fence this year. The bright, open concept living and dining areas feel large and spacious, highlighted with the vaulted ceiling. The kitchen has stainless steel appliances, only 5 years old. The eating nook in the kitchen has access to the new deck and south country living views. There are 3 bedrooms up and one down. The primary bedroom boasts a 3 piece ensuite and walk in closet. Two more bedrooms and a 4 piece bath complete the main floor. Downstairs is the legal suite, perfect for adding extra income to your family. Light pours in the oversized front windows into the living room and kitchen. There is a storage area beside the kitchen which can be used for a pantry and storage of all kinds. One large bedroom, a 3 piece bath & shared laundry make up the lower level that has its own separate entrance. Double car garage, drive way (2) plus 2 separate parking spots on the gravel pad for the renters at side of home for tenants' vehicles, makes for plenty of parking for everyone. Legally suited homes are rare-and the rental income can be used to help you qualify for a higher mortgage. This bi-level is close to schools, such as the Big Rock School which offers the sought after Jr. Kindergarten classes. As well, shopping and the Sheep River Walkway are close by for your needs and enjoyment.Your Home SUITE Home is waiting for you! (id:39198)

Facts & Features

Building Type House, Detached

Year built 1994

Square Footage 1213 sqft

Stories

Bedrooms 3

Bathrooms 3

Parking 6

NeighbourhoodSheep River Ridge

Land size 249 m2|0-4,050 sqft

Heating type Forced air

Basement typeFull (Finished)

Parking Type Attached Garage

Time on REALTOR.ca3 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: Coldwell Banker Mountain Central

Powered by: REALTOR.ca

Home price

$618,800

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$5,629 / month

Rent $4,978

Savings $651

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$4,961 / month

Rent $4,825

Savings $135

Initial deposit 5%

Savings target Fixed at 5%

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