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.
Swipe through similar matches — tap the heart to save, or open one for the full read.
2520 22 Avenue SE
Beds
5
Baths
2
Sqft
1,282
Year
1973
Type
Single Family
On market
7d
Sitting on a quiet street in Crestwood, and close to everything is this very thoughtfully updated and meticulously maintained classic 1973 "California Ranch" style bungalow. At 1282 sq. ft., this is the more generously sized layout for this architectural style of home which gives you slightly more spacious rooms throughout. The roof is 6 years old, the house was wrapped in styrofoam insulation for increased efficiency prior to the installation of Hardi-Plank siding. All of the windows have been replaced including proper basement egress windows. The Kitchen and Bathrooms have been completely upgraded and updated. There is new trim, new flooring, new paint. Solar Tubes flood the house with natural light. When you are in the kitchen and looking out the window, notice the beautiful wood ceiling in the carport in place of the typical aluminum soffit. The main floor has two bedrooms and an office. The office was previously used as a main floor laundry, and the laundry hook ups are now hidden, but are still there. The option is there for you to use this as an office, a laundry or a bedroom. Downstairs there are two more bedrooms and a large bathroom with both a shower and a soaker tub. The ceiling in the family room was insulated with sound proofing to prevent noise from passing up to the bedrooms above. Audio has also been wired into the house. Another important detail, this house has two furnaces, one for each floor. Should you choose to convert it back to a basement suite home, the separate furnaces are an important first step. The main furnace and hot water tank are new. The basement furnace is in good working order. The basement laundry room could be converted back to a kitchen. The carport and garage offer plenty of protection for your vehicles and if you have an R.V. there is room for that as well. Don't miss out on this. Book a showing today. The details, quality and thoughtful upgrades will leave a lasting impression. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 30.75 Ft x 13.92 Ft | |
| Bedroom | 10.92 Ft x 12.67 Ft | |
| Bedroom | 13.17 Ft x 12.33 Ft | |
| 4pc Bathroom | 10.50 Ft x 8.58 Ft | |
| Laundry room | 10.08 Ft x 5.58 Ft | |
| Furnace | 10.42 Ft x 12.67 Ft | |
| Storage | 4.17 Ft x 6.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 18.17 Ft x 13.17 Ft | |
| Dining room | 9.00 Ft x 11.42 Ft | |
| Kitchen | 9.50 Ft x 11.08 Ft | |
| Bedroom | 11.33 Ft x 13.17 Ft | |
| Bedroom | 12.17 Ft x 11.33 Ft | |
| Bedroom | 12.17 Ft x 9.25 Ft | |
| 4pc Bathroom | 8.67 Ft x 6.67 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
6.96%
Cap rate
6.26%
GRM
11.1
Break-even rent
$2,761
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.
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 8, 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.