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116 Pineson Place NE
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Beds
3
Baths
2 full + 1 half
Sqft
1,006
Year
1975
Type
Single Family
On market
10d
Welcome home to this beautifully renovated 3-level split duplex, set on an impressive lot in a highly convenient location just steps from a primary school, junior high, high school, and leisure centre.The main floor offers a large living room and a stunning new kitchen complete with stainless steel appliances and granite countertops. Upstairs, you’ll find a spacious primary bedroom with a bay window, two additional bedrooms, and a full bathroom. The lower level provides excellent flexibility with a large family room and a half bathroom, making it ideal for guests or extra living space.Recent updates include a new kitchen, granite countertops, a furnace replaced in 2020, windows approximately 6 years old, a roof replaced just before 2019, zebra blinds, light fixtures, and newer paint.Outside, enjoy an impressive backyard along with a front porch and rear porch, perfect for relaxing or entertaining.Welcome home! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 12.67 Ft x 24.42 Ft | |
| 2pc Bathroom | 4.83 Ft x 4.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 11.75 Ft x 13.33 Ft | |
| Living room | 11.33 Ft x 21.58 Ft | |
| Other | 3.67 Ft x 5.67 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 11.50 Ft | |
| Bedroom | 8.00 Ft x 10.00 Ft | |
| Bedroom | 9.00 Ft x 10.00 Ft | |
| Primary Bedroom | 11.42 Ft x 13.83 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
-3.07%
Cap rate
4.25%
GRM
14.5
Break-even rent
$2,625
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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 30, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
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