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2533 9 Avenue SE
Beds
5
Baths
2
Sqft
1,097
Year
1961
Type
Single Family
On market
28d
Rarely does a property offer this much versatility, boasting nearly 2,000 sq. ft. of developed living space on a large 50’ x 120’ R-CG lot just minutes from downtown. This detached bungalow features a bright, open floor plan highlighted by a sun-drenched upper level with a cozy fireplace and a large kitchen that opens onto a south-facing deck with incredible city and mountain views. Completing the main floor are three spacious bedrooms and a beautifully renovated bathroom featuring a deep soaker tub. The legal suite (registered with the city) is accessible via its own private entrance and showcases a modern, open-concept layout with a stylish kitchen, quartz countertops, stainless steel appliances, and premium vinyl plank flooring. This lower level includes two bedrooms, one of which is exceptionally oversized—perfect for a bedroom/office combo. Outside, the property is a vehicle-owner’s dream with an oversized double garage, two additional stalls, and a large apron that together accommodate up to five vehicles. With notable upgrades including windows, stucco, and drywall work, this home is perfectly positioned a short 5-minute walk to Franklin Max Bell LRT stations and downtown, five local schools, and several nearby parks. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 12.50 Ft x 15.17 Ft | |
| Other | 3.83 Ft x 4.58 Ft | |
| Living room | 11.67 Ft x 20.17 Ft | |
| Bedroom | 11.17 Ft x 12.17 Ft | |
| Bedroom | 9.75 Ft x 11.75 Ft | |
| 4pc Bathroom | 6.58 Ft x 7.33 Ft | |
| Primary Bedroom | 10.67 Ft x 11.58 Ft | |
| Other | 3.17 Ft x 9.42 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.00 Ft x 10.75 Ft | |
| 4pc Bathroom | 7.42 Ft x 5.75 Ft | |
| Kitchen | 10.67 Ft x 12.92 Ft | |
| Living room/Dining room | 15.50 Ft x 19.50 Ft | |
| Primary Bedroom | 14.83 Ft x 18.83 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
-1.29%
Cap rate
4.61%
GRM
13.9
Break-even rent
$3,632
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 May 30, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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