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3514 55 Avenue
Beds
4
Baths
4 full + 1 half
Sqft
1,876
Year
2014
Type
Single Family
On market
28d
Welcome home to this meticulously maintained, like-new 1,876 sq. ft. two-storey that is a true showstopper from the moment you walk in. The main floor welcomes you with a grand, double-height entryway that flows into a large, open-concept living area featuring a cozy gas fireplace, 9 ft ceilings and a large dining area. This kitchen is gorgeous, plenty of cabinet space, quartz countertops, stainless steel appliances, an island with seating, and a convenient walk-through pantry that connects directly to the main floor laundry. Upstairs, you will find three bedrooms, including two that share a four-piece bathroom with an extra-long quartz countertop. The primary suite overlooks the backyard and features a massive walk-in closet and a 5-piece ensuite with a 6 ft soaker tub, double vanity, custom tiled shower, and a private water closet. The fully developed basement offers a fourth bedroom, a 4-piece bath, and a living area wired for a theatre room complete with a raised seating platform. Outside, the yard backs onto green space and features a new storage shed and a built-in brick fire pit. This property also includes a 26'x25' heated front-attached garage and the recent addition of central A/C. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 14.00 Ft x 21.00 Ft | |
| Bedroom | 13.50 Ft x 10.50 Ft | |
| Furnace | 6.50 Ft x 10.50 Ft | |
| 4pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 9.50 Ft x 8.50 Ft | |
| Other | 8.00 Ft x 6.50 Ft | |
| 2pc Bathroom | — | |
| Other | 14.00 Ft x 20.00 Ft | |
| Living room | 18.00 Ft x 13.00 Ft | |
| Pantry | 5.00 Ft x 8.50 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.50 Ft x 12.00 Ft | |
| Bedroom | 10.50 Ft x 12.00 Ft | |
| Primary Bedroom | 13.50 Ft x 12.50 Ft | |
| 4pc Bathroom | — | |
| Other | 5.50 Ft x 10.00 Ft | |
| 5pc Bathroom | — |
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
-1.37%
Cap rate
4.59%
GRM
13.9
Break-even rent
$3,407
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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 2, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Whitecourt. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.