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Investment signal

$279,900

5444 50 Street

Beds

Baths

Sqft

—

Year

1976

Location

See the block, not just the house.

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About this home

This fully updated duplex side, tucked away in a quiet neighbourhood, may be just the property you’ve been waiting for. It features vinyl flooring, fresh paint throughout, new kitchen in the basement, and two fully updated bathrooms. The fully finished lower level offers excellent versatility with its own kitchen, spacious family room, three bedrooms, and a full bathroom—perfect for extended family and guests. Outside, you’ll find a rear detached double car garage for added convenience. Ideally located close to schools, parks, and shopping, this property presents a fantastic opportunity for investors or homeowners alike. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: Duplex
Community: Sparling
Common interest: Freehold
Living area: 979 square feet
Lot size: 3,753.38 square feet
Lot dimensions: 3753.38
Bedrooms: 3 above grade, 3 below grade
Parking: 2 total
Stories: 1
On market: Mar 17, 2026
Status changed: Apr 19, 2026
Annual tax: $1,701 (2025)
Zoning: 29
Photos: 24
MLS#: A2293652
Area: CAMROSE

Features and systems

Parking

Detached Garage

Basement

FinishedFullSuite

Appliances

RefrigeratorDishwasherStoveSee remarksWasher & Dryer

Heating

Forced air

Cooling

None

Exterior

Vinyl siding

Construction

Wood frame

Flooring

Vinyl

Foundation

Poured Concrete

Lot

See remarksBack lane

Positive cash flow ~$1,203/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

25.79%

Cap rate

11.05%

GRM

7.1

Break-even rent

$2,034

Financing

Down payment$55,980

Loan amount$223,920

Mortgage$1,374/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$128

Insurance$80

Maintenance$233

CapEx reserve$117

Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Camrose. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $1,374/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 19, 2026.