We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
206 2 Avenue SE
Buyer alert automation
Get matching homes sent on your schedule. This uses this home's city, style, bedroom count, and price band as the starting filter.
Choose alert settings, then sign in
Diamond Valley · Single Family · under $200,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
Alert speed
Send by
Watch for
Swipe through similar matches — tap the heart to save, or open one for the full read.
Come home to small town living in the beautiful, friendly town of Diamond Valley. Fantastic schools, local hospitals, loads of shopping & other conveniences without the big city grind! This is an affordable opportunity to buy your first home or to pick up a great turnkey investment property. More affordable than a tiny apartment condo with low monthly pad rental fees of $550/month that include water, sewer, common area grounds maintenance, snow removal & garbage collection. One of the best locations in the development backing & siding to large green spaces creates privacy & serene views of nature! Enjoy some leisure time on the massive deck surrounded by nature! Inside you will discover a modern, open, bright home loaded with extras! Cozy gas fireplace to enjoy in the winter months in the spacious family room. Vaulted ceilings, sunny skylight & the open plan make the home spacious & bright. The beautiful Oak kitchen features white appliances, large corner pantry & is open to the family room. The spacious dining area has French door access to the expansive deck. Enjoy those BBQ’s! The laundry room has a newer washer & dryer, lots of storage space plus a freezer which is included! Spacious spare bedroom & full main bathroom with a new toilet. The enormous Primary bedroom enjoys enough space to fit a full king-sized bedroom suite plus a desk or reading area! Even the clothes will get pampered in the big walk-in closet. Enjoy the private, sumptuous ensuite bath featuring a jetted tub! Neutral carpets, paint & fixtures. Lots of storage for the seasonal items both in the storage shed and under the deck. Central air conditioning. The shingles are new; the furnace has a newer motor & was recently fully serviced. 2 parking stalls right in front of the home. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 16.83 Ft x 14.67 Ft | |
| Kitchen | 12.08 Ft x 13.25 Ft | |
| Dining room | 12.08 Ft x 5.50 Ft | |
| Primary Bedroom | 13.25 Ft x 13.42 Ft | |
| 4pc Bathroom | 8.42 Ft x 4.92 Ft | |
| Bedroom | 12.25 Ft x 9.92 Ft | |
| 4pc Bathroom | 8.25 Ft x 7.50 Ft | |
| Laundry room | 8.75 Ft x 5.17 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
26.35%
Cap rate
10.13%
GRM
7.5
Break-even rent
$1,115
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 11, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.