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Edson · Single Family · under $350,000 · 4+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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5802, 12 Avenue
Exceptional Investment Opportunity or the Perfect House Hack! Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this beautifully maintained 5-bedroom, 3-bathroom duplex offers outstanding versatility and value. The bright and spacious main level features an open-concept layout with a large kitchen, separate dining area, and a sun-filled south-facing living room. The primary bedroom includes a private 4-piece ensuite, while two additional bedrooms, a second full 4-piece bathroom, and a convenient main-floor laundry area complete this level. Downstairs, you'll find a fully finished self-contained illegal basement suite, ideal for extended family or rental income. The suite offers a full kitchen with dining area, a comfortable living room with a cozy fireplace, two bedrooms, a flexible office or den, a 4-piece bathroom, and its own dedicated laundry area for added convenience. Situated on a desirable corner lot in a family-friendly neighbourhood, this property is directly across from an elementary school, playground, and paved walking trails, providing an ideal setting for families and tenants alike. Whether you're a first-time buyer looking to reduce your monthly housing costs or an investor seeking a turnkey income property, this duplex checks all the boxes. Opportunities like this don't come along often—don't miss your chance to own this versatile property in an exceptional location! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 7.75 Ft | |
| Den | 9.92 Ft x 10.33 Ft | |
| Kitchen | 9.33 Ft x 7.92 Ft | |
| Living room | 14.50 Ft x 14.92 Ft | |
| Bedroom | 11.58 Ft x 10.50 Ft | |
| Dining room | 9.75 Ft x 7.92 Ft | |
| Laundry room | 7.42 Ft x 7.92 Ft | |
| Bedroom | 11.75 Ft x 12.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 10.25 Ft | |
| Bedroom | 9.67 Ft x 9.00 Ft | |
| Dining room | 8.67 Ft x 9.92 Ft | |
| Living room | 15.00 Ft x 15.33 Ft | |
| 4pc Bathroom | 7.58 Ft x 4.92 Ft | |
| Bedroom | 10.08 Ft x 9.00 Ft | |
| Kitchen | 10.25 Ft x 9.67 Ft | |
| Primary Bedroom | 12.33 Ft x 11.42 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
23.62%
Cap rate
9.59%
GRM
8.0
Break-even rent
$1,995
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 Jul 1, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.