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1139 13th STREET E
Beds
3
Baths
3
Sqft
1,732
Year
2024
Type
Single Family
On market
102d
Welcome to 1139 13th Street East, a stunning, newly built home in the heart of Varsity View. This corner lot build offers 1,732 sq. ft. of refined two storey living space, plus an 839 sq. ft. basement with a separate side entrance for a future secondary suite. This 3-bedroom, 2.5-bath home showcases high-end finishes throughout, including an amazing full second floor vaulted ceiling, quartz countertops, Frigidaire Professional appliances with built-in wall ovens and a 36" induction cooktop, and premium fixtures. The spacious primary suite features a luxurious ensuite with a soaker tub, custom tile shower, and electric in-floor heating. Designed for both comfort and performance, the home features 9’ ceilings on both the main and basement levels, thickened exterior walls with R28 insulation, and insulated interior walls to enhance privacy and reduce sound transfer. The basement includes in-floor hydronic heating for maximum winter comfort, and the main living area is bright and airy thanks to extra-large triple-pane windows. Outside, enjoy a rear 10' x 10' deck with black aluminum railings, James Hardie fiber cement siding and stucco exterior, and a detached 22x24 double car garage. This home combines elegance, energy efficiency, and flexibility—perfect for modern living. Don’t miss your chance to make it yours—contact your REALTOR® today and ask about the secondary suite incentive program (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 12.6 × 16.7 feet | |
| Dining room | 12.8 × 12.4 feet | |
| Living room | 12.8 × 15.8 feet | |
| Mud room | 6.5 × 7.2 feet | |
| 2pc Bathroom | — |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 10.6 × 11.11 feet | |
| 5pc Ensuite bath | 6.4 × 17.4 feet | |
| Bedroom | 9.2 × 9.4 feet | |
| Bedroom | 9.2 × 9.4 feet | |
| 4pc Bathroom | — | |
| Laundry room | — |
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
-0.96%
Cap rate
4.67%
GRM
13.9
Break-even rent
$5,603
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 May 28, 2026.
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Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.