Welcome to 293 Homestead Terrace NE, a beautifully finished showhome offering 2,325 sq. ft. above grade plus a fully developed 2-bedroom legal basement suite, providing exceptional flexibility for large or multi-generational families. Featuring 7 bedrooms and 5 bathrooms, this thoughtfully designed home blends modern finishes, functional living space, and investment potential in the growing community of Homestead.
This property also presents a rare leaseback opportunity, allowing the builder to lease the home from the purchaser for approximately two years while continuing to maintain the property in pristine showhome condition. Immediate possession is available, with key release anticipated early to mid-2027.
The main floor showcases engineered hardwood flooring and an open-concept layout designed for everyday living and entertaining. The kitchen features 1-¼” quartz countertops, two-tone cabinetry extended to the ceiling, and an upgraded chimney hood fan with built-in microwave. A fully equipped spice kitchen with gas range offers additional functionality, ideal for preparing meals while keeping the main kitchen organized. The living room is highlighted by a modern electric fireplace, creating a warm and inviting focal point. A main floor bedroom with full bathroom offers excellent flexibility for guests or extended family, while the flex room provides space for a home office or additional sitting area.
Upstairs, the home offers 5 bedrooms above grade, including dual primary suites, making it ideal for growing families. The main primary retreat features a spacious walk-in closet and a beautifully appointed ensuite with double vanity and soaking tub. Secondary bedrooms are generously sized, and the central loft/bonus room provides valuable additional living space. Tile flooring enhances the upper bathrooms and laundry room, while plush carpet adds comfort throughout the bedrooms and upper floor.
The 2-bedroom legal basement suite includes a separate entrance, full kitchen, living area, bathroom, and dedicated laundry, offering excellent potential for rental income or private living space for extended family.
Additional highlights include central air conditioning, front yard landscaping, lino flooring in basement kitchen and bath areas, and a 21’ x 20’ double attached garage with man door. The 12’ x 10’ rear deck with steps to grade provides an ideal outdoor space for relaxing or entertaining.
Located close to parks, playgrounds, walking paths, and future amenities, this home offers both comfort and convenience. With premium upgrades, a legal suite, and leaseback income potential, 293 Homestead Terrace NE presents a unique opportunity to own a professionally finished showhome designed for modern living. *All furniture, window coverings and appliances are included. Excluded: the art/decor and sonos sound system.
In Hall, Lower Level, Multiple Locations, Upper Level
Northeast
Homestead
Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer
All furniture, window coverings and appliances
None Known
Floor
Type
Size
Other
Main Floor
Kitchen
11'10"3.61 m × 9'6"2.90 m
Main Floor
Dining Room
11'1"3.38 m × 9'2.74 m
Main Floor
Living Room
13'10"4.22 m × 12'3.66 m
Main Floor
Bedroom
11'4"3.45 m × 10'5"3.18 m
Upper Level
Bedroom - Primary
14'1"4.29 m × 12'9"3.89 m
Upper Level
Walk-In Closet
10'3.05 m × 5'8"1.73 m
Upper Level
Bedroom
12'3.66 m × 12'3.66 m
Upper Level
Walk-In Closet
5'1.52 m × 4'8"1.42 m
Upper Level
Bedroom
10'3.05 m × 10'3.05 m
Upper Level
Bedroom
10'3.05 m × 9'9"2.97 m
Upper Level
Loft
12'8"3.86 m × 12'3.66 m
Upper Level
Laundry
5'4"1.63 m × 3'5"1.04 m
Basement
Kitchen
13'11"4.24 m × 10'11"3.33 m
Basement
Living Room
11'8"3.56 m × 10'11"3.33 m
Basement
Bedroom
10'10"3.30 m × 9'2"2.79 m
Basement
Bedroom
9'9"2.97 m × 9'4"2.84 m
Basement
Laundry
3'5"1.04 m × 3'5"1.04 m
Basement
Furnace/Utility Room
10'3"3.12 m × 10'3"3.12 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
8'10" x 4'11"
Upper Level
Yes
5
12'1" x 10'
Upper Level
Yes
4
8'4" x 4'11"
Upper Level
Yes
4
4'11" x 8'11"
Basement
No
4
5' x 8'4"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Breakfast Bar, Closet Organizers, Double Vanity, High Ceilings, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Separate Entrance, Soaking Tub, Walk-In Closet(s)
Data was last updated April 18, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$757,000
Min list price:
$605,000
Max list price:
$1,029,900
Avg days on market:
23
Min days on market:
2
Max days on market:
146
Avg price per sq.ft.:
$365.08
These statistics are generated based on the current listing's property type
and located in
Homestead. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.