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1306 6th AVENUE N
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GREAT investment opportunity or ideal first-time home purchase! This raised bungalow in desirable North Park offers a fantastic location with easy access to downtown, the river, Circle Drive, schools, and shopping. This home has received an impressive exterior facelift, including updated siding, soffit, and fascia completed in 2025, complete with a full water barrier installed beneath the siding. Additional exterior improvements include a new front porch, back deck, fence, and garage shingles replaced in 2024. Inside, enjoy new LVP flooring, fresh paint, and bathroom upgrades. The main floor features 2 bedrooms, including a spacious primary bedroom with a walk-in closet, a bright 4-piece bathroom, and a generous kitchen and dining area with ample cabinetry and storage. The basement offers excellent flexibility with a large kitchen, bedroom, full bathroom and family room. Major electrical upgrades have also been completed, including baseboard heaters installed in the basement, new 200 amp service to the home with two separate 100 amp panels. Mechanical updates include: furnace (2012), humidifier (2014), A/C (2013), water heater (2022). Additional features include central air, water softener, and extra hookups for a second laundry. The oversized single detached garage is equipped with a 220 plug and parking is plentiful with a double front driveway, rear driveway beside the garage, plus ample street parking. The backyard offers a great amount of space complete with a large deck, shed, and patio. Don’t miss your chance to own a detached home in beautiful North Park at an excellent price! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen/Dining room | 11 × 14.3 feet | |
| Family room | 11 × 15.4 feet | |
| Bedroom | 9.1 × 11.3 feet | |
| 4pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 11.5 × 15.8 feet | |
| Kitchen | 8 × 11.5 feet | |
| Dining room | 7.9 × 11.5 feet | |
| Bedroom | 8 × 11.5 feet | |
| Bedroom | 11.6 × 12 feet | |
| 4pc Bathroom | — |
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
0.64%
Cap rate
4.99%
GRM
13.0
Break-even rent
$2,358
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 26, 2026.
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Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.