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1401 54 Street
Beds
4
Baths
3 full + 1 half
Sqft
1,518
Year
1978
Type
Single Family
On market
106d
This uniquely designed home offers the perfect blend of comfort, character, and space for both everyday family living and effortless entertaining. From the moment you arrive, you’re welcomed by a charming covered front deck with a cozy seating area — an ideal spot to relax and enjoy the outdoors. Step inside to a spacious foyer that opens into the light-filled living room, where soaring vaulted ceilings create an airy, open feel. The adjoining dining area features a south-facing window overlooking the yard, allowing natural sunlight to pour into the heart of the home. The kitchen is thoughtfully laid out for both functionality and gathering, offering warm stained wood cabinetry, plenty of counter space, a powered island with breakfast bar and convenient pull-out drawers, plus a wall pantry for added storage.The main level also features two generously sized bedrooms, a 4-piece bathroom complete with a jetted tub, a 2-piece powder room, and a large rear mudroom — perfect for busy family life. Upstairs, the loft-style primary suite provides a private retreat with a walk-in closet and 3-piece ensuite. A true highlight is the covered balcony off the primary bedroom — the perfect place to enjoy your morning coffee or unwind at the end of the day while taking in the southwestern exposure, stunning sunsets, and mountain views in the distance. The developed basement adds even more living space with a comfortable family room featuring a dry bar, a fourth bedroom, laundry and utility rooms, and a large storage area. Outdoors, the landscaped and fenced backyard is designed for enjoyment, with a spacious patio ideal for hosting family and friends. The detached 21’ x 25’ garage includes a loft space — perfect for a workshop, crafting area, or creative studio. A double concrete driveway provides ample additional parking. Numerous upgrades have been completed over the years, including 100-year shingles with snow guards (approx. 2008), new windows (approx. 2008), upper-level balcon y cover, updated paint, light fixtures, flooring, trim, and basement carpet. Situated on a corner lot in the family-friendly Tiffin subdivision, you’ll appreciate the welcoming atmosphere — from festive holiday decorating to friendly neighbours — all while being conveniently close to amenities, schools, the YCE Rec Plex, and the Town’s scenic trail system. Move-in ready and full of charm, this is a home you won’t want to miss. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 14.25 Ft x 12.83 Ft | |
| Laundry room | 8.08 Ft x 10.33 Ft | |
| Family room | 13.42 Ft x 20.33 Ft | |
| Furnace | 4.75 Ft x 16.00 Ft | |
| Storage | 10.92 Ft x 12.25 Ft | |
| Other | 6.83 Ft x 13.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 15.92 Ft x 23.58 Ft | |
| Dining room | 5.25 Ft x 9.50 Ft | |
| Kitchen | 13.17 Ft x 10.67 Ft | |
| 4pc Bathroom | 5.92 Ft x 11.00 Ft | |
| Bedroom | 10.00 Ft x 14.33 Ft | |
| Bedroom | 10.08 Ft x 14.50 Ft | |
| 2pc Bathroom | 5.00 Ft x 5.00 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.50 Ft x 14.17 Ft | |
| Primary Bedroom | 14.42 Ft x 15.75 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
8.82%
Cap rate
6.63%
GRM
10.6
Break-even rent
$2,328
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 Jun 9, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Edson. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.