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Reduced $22,900 (5%) from $444,800
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2231 20 Avenue SE
Beds
5
Baths
2
Sqft
1,148
Year
1964
Type
Single Family
On market
28d
OPEN HOUSE SATURDAY 6th JUNE 2:00-4:00PM.... Welcome to this beautifully renovated 5-bedroom, 2-bathroom brick bungalow in the heart of desirable Crestwood. Situated on a quiet street in a well-maintained, established neighborhood, this move-in-ready home offers exceptional curb appeal, modern updates, and the durability of timeless construction. A rare standout feature is the all-brick exterior on both the home and detached garage, complemented by matching metal roofs and newer PVC windows, creating an incredibly low-maintenance property built to stand the test of time. Recent upgrades include fresh paint throughout, new interior and exterior doors, updated lighting and pot lights, modern window coverings, fully renovated bathrooms, and a 100-amp electrical service upgrade completed in May 2025. The bright and spacious kitchen offers abundant cabinetry and counter space, while the functional layout provides room for the whole family with five bedrooms and generous living areas. The fully developed basement features a large family room, renovated bathroom, and spacious laundry area with built-in cabinetry and utility sink, offering excellent potential for extended family living, a future suite, or income-generating space. Outside, you’ll find a gardener’s dream with a greenhouse, raised garden beds, newly planted trees, and a beautifully maintained yard. Relax on the patio, gather around the firepit, or enjoy the convenience of the long driveway with RV parking potential leading to the detached garage. Located close to parks, schools, shopping, restaurants, recreation facilities, golf, and transit, this home offers the perfect balance of quiet neighborhood living and central city convenience. A rare opportunity to own a fully renovated, low-maintenance home in one of Crestwood’s most sought-after mature communities. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 14.75 Ft x 25.00 Ft | |
| 3pc Bathroom | — | |
| Bedroom | 11.00 Ft x 10.00 Ft | |
| Bedroom | 8.00 Ft x 10.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 17.00 Ft x 17.00 Ft | |
| Primary Bedroom | 11.00 Ft x 11.58 Ft | |
| Bedroom | 8.00 Ft x 11.67 Ft | |
| Bedroom | 10.00 Ft x 11.00 Ft | |
| Kitchen | 11.25 Ft x 16.00 Ft | |
| 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
8.88%
Cap rate
6.64%
GRM
10.7
Break-even rent
$2,643
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 7, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Medicine Hat. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.