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202 Froese CRESCENT
Potential Mortgage Helper! Another quality build by Executive Home Builders with a legal 2 bedroom suite potential. Located in the Southlands, which is a growing family oriented community, this 1755 sq ft/2 home is estimated to be completed in December, 2026 which gives the buyer time to choose finishes. See options A, B or C in photos. The main floor has an open concept with a large welcoming foyer that leads into the generous kitchen which is ideal for families and large gatherings. The kitchen features quality custom cabinetry and quartz (or granite!) counters with a functional layout including an island with seating and an oversized pantry. Included in the purchase price are a dishwasher and custom built in over the range fan. The living room and dining room are beautifully positioned to view out to your back yard. Also found on the main floor are a powder room (2 piece bathroom) plus mudroom with closet and built in bench/storage that leads to your 21x21x26 garage. Rare find to be able to fit a full sized truck! Builder is also included a double concrete driveway. The second floor offers laundry room (not just a closet!), two generously sized bedrooms, 4 piece bath, linen closet and a primary bedroom with walk in closet and stunning en suite with double sinks and separate toilet room. The basement is open for development with suite potential that might offer cash back Secondary Suite Incentive or money off the purchase price. GSTP/PST included in the purchase price (rebates to builder) and comes backed with a New Home Warranty for peace of mind. Contact your agent for more information. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Other | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | — | |
| Kitchen | 13 × 17 feet | |
| Living room | 14'11 x 12'10 | |
| Dining room | 12'10 | |
| Mud room | — | |
| 2pc Bathroom | — |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 13'3 x 13'2 | |
| 4pc Ensuite bath | — | |
| Bedroom | 10'5 x 10'10 | |
| Bedroom | 10'5 x 10'11 | |
| 4pc Bathroom | — | |
| Laundry room | — |
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
-1.24%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,419
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 19, 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.