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803 1st AVENUE N
A brand new build by Bright Homes Construction. This 1440 square foot bi level has so much to offer. A double concrete driveway, along with vinyl siding and stone work provides great street appeal. When entering, you are greeted with a large entry way featuring tile flooring, and a good sized closet for storage. Leading up to the main floor you will notice the abundance of natural light through all the windows, and will enjoy the open concept layout. The kitchen is a dream. Floor to ceiling cabinetry, a full set of stainless steel appliances, and a large island makes this space a focal point of the home. Off of the kitchen is the dining area which has access to the back yard. The family room features a large south facing window, and an electric fireplace which is perfect for entertaining. There are 3 good sized bedrooms on the main floor. The two spare rooms both have awesome closets with built in shelving and cabinetry. The primary bedroom has a walk in closet with tons of storage, and a beautiful 5 piece en suite featuring a stand up tiled shower, soaker tub, and a double vanity. An additional 4 piece washroom featuring tiled tub/shower surround, and tiled flooring is also located on the main floor. For convenience, this home comes with stackable laundty on the main. This home also comes with a side entry that can accomodate a 2 bedroom legal suite. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 14.6 × 15 feet | |
| Kitchen | 13 × 11.4 feet | |
| Dining room | 13 × 8.5 feet | |
| 4pc Bathroom | x x x | |
| Primary Bedroom | 15 × 11.8 feet | |
| 5pc Ensuite bath | x x x | |
| Bedroom | 10.7 × 10.2 feet | |
| Bedroom | 9.11 × 10.2 feet | |
| Laundry room | x x x |
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
-1.09%
Cap rate
4.65%
GRM
13.9
Break-even rent
$3,844
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 12, 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.