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326 5th AVENUE W
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Melville · Single Family · under $175,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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If you’ve been looking for a well-kept home with character and a comfortable layout, 326 5th Ave W in Melville is definitely one to have a look at. This charming 1½ storey home, built in 1944, offers 1,164 sq ft over two levels and has a warm, welcoming feel from the moment you step inside. The main floor features a tiled entrance that opens into a bright and comfortable living room with hardwood floors. The eat-in kitchen offers plenty of room for everyday meals and visiting over coffee, complete with a practical peninsula breakfast bar that adds extra prep space and casual seating. The fridge, stove, built-in dishwasher, microwave range hood, washer, and dryer are all included. The primary bedroom is conveniently located on the main floor, while the second bedroom upstairs offers a private retreat that would also work beautifully as a guest room, office, or hobby space. There is ample storage space in the full basement, along with important mechanical updates already taken care of, including an upgraded high-efficiency furnace, water heater, and electrical panel. Whether you’re thinking about stepping into home ownership for the first time, looking for a manageable place to call your own, or considering a property with an established tenant already in place, this home offers plenty of potential for its next chapter. The home is currently tenant occupied and 24 hours notice is needed for showings. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 5.7 × 4.4 feet | |
| Living room | 12.8 × 11.8 feet | |
| Kitchen/Dining room | 13.1 × 12.9 feet | |
| Bedroom | 12.1 × 10.6 feet | |
| 4pc Bathroom | 8 × 5.7 feet |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.2 × 8.4 feet | |
| Dining nook | 6.2 × 4.6 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).
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 May 15, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.