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13 Green Meadow Crescent
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Strathmore · Single Family · under $525,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Great opportunity for investors or homeowners looking to supplement their mortgage. Live upstairs and take advantage of the income potential from the existing (illegal) basement suite. The main floor offers a bright, functional layout with 2 bedrooms, including a primary bedroom with its own 3-piece ensuite. The spacious living and dining areas flow into a large kitchen with plenty of room for everyday living and entertaining. The lower level features a 2-bedroom illegal suite with its own living space and kitchen setup, ideal for extended family or future rental income. Located with convenient rear parking, this property has already seen several key updates, including replacement of Poly-B plumbing, newer roof, windows and doors, updated flooring, a renovated main bathroom, and updated fixtures throughout. A solid opportunity with important upgrades already completed and plenty of potential to make it your own. Be sure to check out the virtual tour. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.83 Ft x 8.00 Ft | |
| Bedroom | 10.33 Ft x 11.50 Ft | |
| Bedroom | 18.00 Ft x 9.17 Ft | |
| Dining room | 10.08 Ft x 9.33 Ft | |
| Kitchen | 9.58 Ft x 11.75 Ft | |
| Living room | 13.25 Ft x 21.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.67 Ft x 7.17 Ft | |
| 4pc Bathroom | 7.58 Ft x 7.08 Ft | |
| Bedroom | 10.00 Ft x 10.25 Ft | |
| Dining room | 12.00 Ft x 10.92 Ft | |
| Kitchen | 11.58 Ft x 9.83 Ft | |
| Living room | 13.50 Ft x 21.08 Ft | |
| Primary Bedroom | 11.17 Ft x 13.75 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
-0.41%
Cap rate
4.78%
GRM
13.5
Break-even rent
$2,934
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 Apr 29, 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.