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204D 213 Main STREET
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Martensville · Single Family · under $200,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to Unit 204D, 213 Main Street in Martensville. This upper floor apartment style condo offers a functional open concept layout, perfect for comfortable everyday living. The kitchen flows seamlessly into the dining and living areas, creating an inviting space for relaxing or entertaining. This unit features two spacious bedrooms plus a versatile den, ideal for a home office, hobby room, or guest space. A full 4 piece bathroom and convenient in-suite laundry with additional storage add to the home’s practicality. Step outside onto the large private deck overlooking the beautifully landscaped courtyard the perfect spot to enjoy your morning coffee or unwind at the end of the day. The unit also includes two surface parking stalls, providing added convenience for homeowners and guests alike. Whether you’ are a first-time buyer, downsizing, or looking for an excellent investment opportunity, this move-in-ready condo offers comfortable, low-maintenance living in a desirable location close to amenities. Immediate possession available. Book your showing today. (id:65958)
Second level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 8.3 × 8.3 feet | |
| Dining room | 8.9 × 7.1 feet | |
| Living room | 13.4 × 13.4 feet | |
| Laundry room | 7.3 × 7.3 feet | |
| Bedroom | 10.8 × 11.1 feet | |
| Bedroom | 12 × 8.1 feet | |
| Den | 10.5 × 7.5 feet | |
| 4pc Bathroom | — |
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
24.57%
Cap rate
9.78%
GRM
7.7
Break-even rent
$1,146
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.
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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 8, 2026.
Location of this listing. Distances are straight-line.
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