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1532 D AVENUE N
Welcome to this stunning fully developed custom-built home completed in 2024. Offering 1,944 sqft plus a basement suite, this thoughtfully designed property combines modern style, functionality, and income potential! Step inside to a bright and inviting main floor featuring high ceilings, luxury vinyl plank flooring, abundant natural light, a built-in sound system, and a convenient 2-piece powder room. The beautifully designed kitchen offers granite countertops, stainless steel appliances, a pantry, and an abundance of storage space, making it ideal for both everyday living and entertaining. Upstairs, you'll find a versatile bonus room, perfect for a family room, home office, or play area, along with 3 spacious bedrooms, 2 bathrooms, and the convenience of a second-floor laundry room. The primary suite provides a private retreat with a walk-in closet and a 3-piece ensuite bathroom. The fully developed basement features a self-contained 2-bedroom suite with a separate entrance, its own kitchen complete with stainless steel appliances, microwave, and in-suite laundry making it an excellent option for rental income, extended family, or guests. Additional highlights include central air conditioning, wiring in place for a future hot tub, landscaped front and back yards, and a welcoming front porch with a seating area perfect for relaxing. This exceptional property offers the benefits of a nearly new custom-built home with the added value of a separate basement suite! Don't miss your opportunity to own this turn-key ready home, contact your Realtor today for more information! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Living room | 9.11 × 8.7 feet | |
| Kitchen | 7.1 × 11.3 feet | |
| Dining room | 5.3 × 7.3 feet | |
| Bedroom | 11.5 × 9.5 feet | |
| Bedroom | 11.5 × 9.5 feet | |
| 4pc Bathroom | 7.11 × 7.5 feet |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | — | |
| Living room | 13.11 × 15.7 feet | |
| Dining room | 9.8 × 11.9 feet | |
| Kitchen | 18.2 × 10.11 feet | |
| Office | 7.1 × 8.7 feet | |
| 2pc Bathroom | — | |
| Mud room | 5.1 × 6.8 feet |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bonus Room | 11.9 × 14.1 feet | |
| 4pc Bathroom | 7.3 × 8.3 feet | |
| Primary Bedroom | 12.5 × 11 feet | |
| 3pc Ensuite bath | — | |
| Bedroom | 12.1 × 10.1 feet | |
| Bedroom | 10.2 × 12.1 feet | |
| Laundry room | 6.3 × 4.4 feet |
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
-1.08%
Cap rate
4.65%
GRM
13.9
Break-even rent
$4,178
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 15, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.