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213 PATERSON LI SW
This is the kind of home that makes life feel lighter. The heart of it is a kitchen built for real cooking and real hosting: quartz counters, a gas range, and a full spice kitchen that keeps the fragrant stuff contained so the rest of the home stays fresh. Step into the custom mudroom and the built-in bench and lockers catch the chaos at the door before it reaches the rest of the house. With 2,705 sq ft across two storeys, you get space to grow into and room to gather in. The legal 2 bedroom basement suite with a full bath is ready for extended family, a mortgage helper, or guests who stay a little longer than planned. The extras here are rare for new homes: appliances included in the main home, window coverings throughout, an alarm system, and permanent exterior lights so the holidays are always ready. Set in Paisley with trails, dog parks, and quick access to Windermere, South Edmonton Common, Anthony Henday, and the airport. Some homes feel right the moment you walk in. This is one of them. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 4 | 3.84 × 3.05 meters | |
| Bedroom 5 | 3.84 × 3.05 meters | |
| Recreation room | 3.81 × 4.39 meters | |
| Second Kitchen | 3.96 × 4.01 meters |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 3.66 × 4.57 meters | |
| Dining room | 3.81 × 3.96 meters | |
| Kitchen | 4.11 × 3.49 meters | |
| Den | 3.81 × 2.9 meters | |
| Second Kitchen | 2.16 × 3.47 meters |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 4.42 × 4.88 meters | |
| Bedroom 2 | 3.81 × 3.88 meters | |
| Bedroom 3 | 4.42 × 3.96 meters | |
| Bonus Room | 3.2 × 3.89 meters |
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
-0.90%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,543
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 Jun 16, 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.