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4152 47 Avenue
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Unique and viable property consisting of 3 parcels, located in town behind the industrial area and bordering Mud Lake. The main parcel is 5.66 acres, zoned for future development, but currently used for residential purposes. The nice mature yard offers a large older bungalow with 3 bedrooms, one and a half bathrooms (including a half bath off the master bedroom plus an additional bathtub in one of the secondary bedrooms), a spacious dining room, a bright kitchen with eating nook, a sunken living room with gas stove, a large entry way, and a laundry room. The unfinished basement serves as extra storage and access to the utilities. The 22x24 detached garage is insulated, boarded and wired. The outbuildings require some maintenance and include a chicken coop, a storage shed/greenhouse, a smaller storage shed with sauna, and an older home in poor condition. The marshy part of the parcel leading to the lake, offers additional privacy and a safe and welcoming habitat for wild life. The Future development zoning offers numerous options. The current residential use is legal, but non-conforming and could potentially offer the possibility of being re-zoned to industrial. This could allow the owner to use the residence while operating a small industrial business. The property is connected to municipal water, but has its own septic system. 2 additional parcels zoned industrial and consisting of 0.13 acre combined, are included on the title. This one of a kind parcel made affordable is the ideal property for an investor, a developer, or just someone looking for town living with a large lot and extra privacy. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 7.58 Ft x 11.67 Ft | |
| Breakfast | 7.42 Ft x 7.58 Ft | |
| Kitchen | 9.25 Ft x 11.58 Ft | |
| Dining room | 11.50 Ft x 18.50 Ft | |
| Living room | 15.42 Ft x 15.67 Ft | |
| Primary Bedroom | 15.58 Ft x 17.17 Ft | |
| Bedroom | 10.33 Ft x 11.50 Ft | |
| Bedroom | 7.83 Ft x 10.33 Ft | |
| 2pc Bathroom | 4.42 Ft x 5.17 Ft | |
| 4pc Bathroom | 4.92 Ft x 7.83 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
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Monthly carrying cost
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Property taxes
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Insurance estimate
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Commute
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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).
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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 15, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.