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Coaldale · Single Family · under $500,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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2607 16 Avenue
Welcome to this brand new half duplex built by Stranville Living Master Builder, showcasing the thoughtfully designed Edderton floorplan with over 1,400 square feet of developed living space above grade. Located directly across the street from the SHIFT Community Centre and the brand new high school in Coaldale, this home sits in the heart of the growing community of Malloy Landing, where convenience and community come together in a big way. Gst is included in the sale price of the home, a 10 year new home warranty, rear deck, front landscaping and wing fences. The main floor is designed for everyday living and entertaining, featuring an open-concept layout filled with natural light from oversized windows. The spacious living room flows seamlessly into the functional kitchen, complete with quartz countertops, soft-close cabinetry, and a central island with bar seating that anchors the space. Toward the back of the home, the formal dining area overlooks the backyard and double car parking pad, creating a practical and comfortable setting for family dinners or hosting friends.Upstairs, you’ll find three well-proportioned bedrooms along with the convenience of upper-level laundry. The primary bedroom is a true retreat, offering a generous walk-in closet and a private ensuite finished with quartz countertops and a walk-in shower. A second four-piece bathroom completes the upper level, providing plenty of space for family or guests.Brand new, thoughtfully laid out, and positioned in one of Coaldale’s most exciting new neighbourhoods, this home offers modern finishes, smart design, and an unbeatable location right out the front door. NEW HOME BUYERS: You could also get your 5% downpayment back with the new GST rebate. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 15.17 Ft x 10.67 Ft | |
| Dining room | 9.00 Ft x 13.17 Ft | |
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Living room | 13.50 Ft x 12.75 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 12.00 Ft x 9.33 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft | |
| Primary Bedroom | 13.42 Ft x 12.00 Ft | |
| Other | 4.92 Ft x 5.33 Ft | |
| Bedroom | 12.00 Ft x 9.25 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
-4.91%
Cap rate
3.88%
GRM
15.5
Break-even rent
$2,783
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.
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 May 7, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.