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5319 SCHONSEE DR NW
Stunning family home in the highly sought-after community of Schonsee! LEGAL BASEMENT SUITE, SEPARATE ENTRANCE. The main floor features a versatile den/office, a beautiful kitchen with granite countertops and a walk-through pantry, a spacious dining area, and a bright living room with a gas fireplace and custom built-in shelving. A convenient 2-piece bathroom completes the main level. Upstairs offers 4 bedrooms, including a spacious primary retreat with a 5-piece ensuite featuring double sinks, a soaker tub, separate shower, and a massive walk-in closet. The bonus room has been converted into a bedroom but can easily be restored. A 4-piece bathroom serves the additional bedrooms. The fully finished basement includes a legal suite with a separate side entrance, 2 bedrooms, a 4-piece bathroom, large living room with gas fireplace, second kitchen, and stackable washer/dryer. Additional highlights include air conditioning, an attached double garage, beautiful landscaping and backing a walking trail. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 5 | 3.96 × 3.1 meters | |
| Bedroom 6 | 2.73 × 3.1 meters | |
| Second Kitchen | 4.22 × 2.87 meters | |
| Laundry room | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 4.35 × 4.28 meters | |
| Dining room | 3.76 × 3.32 meters | |
| Kitchen | 3.25 × 3.35 meters | |
| Den | 2.44 × 2.49 meters |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 4.3 × 3.6 meters | |
| Bedroom 2 | 3.49 × 3.18 meters | |
| Bedroom 3 | 3.59 × 3.19 meters | |
| Bedroom 4 | 3.45 × 4.56 meters | |
| Laundry room | 2.07 × 2.8 meters |
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
-1.12%
Cap rate
4.64%
GRM
13.9
Break-even rent
$4,390
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.
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 17, 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.