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516 Lake CRESCENT
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Beds
4
Baths
2
Sqft
1,346
Year
1957
Type
Single Family
On market
0d
It is with the UTMOST pleasure, that we get present this outstanding property to you! It ticks ALL the boxes.. LOCATION: Lake Crescent (nothing more to say); CONDITION: When you have a seller that cares this much about their property, it instills a sense of comfort the moment you walk through the front door; UTILITY: Four bedrooms (perfect for the growing family), Great split-level layout with abundance of space to enjoy (nearly 2,700 ft2 of total living space), Ability to add kitchen to 4th level, Main level has been opened up to provide a great room feel with re-imagined kitchen and large dining area, Large Master bedroom with custom walk-in closet, 2nd floor bathroom has infloor heat; UPDATES: Furnace (~2014), on-demand hot water (2022), shingles (~2011), windows (~2012/2013), paint & more. The mechanical systems are all inspected annually, at bare minimum.... and the YARD, oh my! Mature trees providing all the privacy, and soul of an established neighbourhood; 14' x 28' in-ground, heated, saltwater pool (Liner, Cover, Heater & Pump all less than 2 years old, inspected regularly by Paradise Pools, and new exterior drain being installed in the next few days). Put ALL of this on a 65' x 140' lot and you get this OASIS of a rear yard that has a massive patio with pergola covered entertaining area, covered dining area, pool shed, deck, manicured lawn, curbed-in flower beds and all framed in by beautiful trees! Oversized Single attached garage... The only problem you will have here when you move in, is your friends and family inviting themselves over at EVERY opportunity! As per the Seller’s direction, all offers will be presented on 06/15/2026 3:00PM. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 5'6 x 8' | |
| Living room | 15'3 x 17'1 | |
| Dining room | 8'9 x 14'2 | |
| Kitchen | 13'6 x 13'5 |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12'10 x 15'3 | |
| 3pc Bathroom | - x - | |
| Bedroom | 9'9 x 12'5 |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 13'9 x 18'8 | |
| Bedroom | 13'9 x 12'4 |
Fourth level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10'3 x 8'10 | |
| 3pc Bathroom | - x - | |
| Other | 10'3 x 13'11 | |
| Storage | 8' x 14'2 | |
| Laundry room | 10'11 x 13'10 |
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).
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 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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