We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
42 Selkirk Road W
Swipe through similar matches — tap the heart to save, or open one for the full read.
Beds
4
Baths
2
Sqft
989
Year
1979
Type
Single Family
On market
5d
Welcome to 42 Selkirk, a well-maintained and unique duplex offering excellent flexibility for homeowners and investors alike. Currently generating rental income as a student rental, this property features 4 bedrooms and 2 bathrooms, making it an attractive opportunity for those seeking a home with built-in income potential. The main floor features a bright living room filled with natural light, a functional kitchen and dining area, 3 comfortable bedrooms, an updated 4-pc bathroom and a convenient back entrance that provides direct access to the patio and backyard with a mature apple tree, a storage shed, and a built-in brick BBQ. The illegal suite in the basement offers additional living space with a large family room, a kitchenette with dining space, a spacious 4th bedroom, an updated 4-pc bathroom, a storage room, and laundry area with a new washer and dryer and A/C. A newly added egress window enhances safety and functionality in the basement. Recent updates include freshly painted walls, updated bathrooms, and a brand-new fence. With its flexible layout, recent improvements, and income-generating potential, 42 Selkirk presents an outstanding opportunity for investors, first-time buyers, or anyone looking for a property that offers both comfort and versatility. Please view the video walkthrough in the links tab or on YouTube by searching for the home address; this is a home you’ll want to experience in full. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 6.92 Ft x 5.00 Ft | |
| Dining room | 8.92 Ft x 12.92 Ft | |
| Family room | 16.75 Ft x 13.00 Ft | |
| Kitchen | 13.08 Ft x 7.58 Ft | |
| Bedroom | 14.17 Ft x 12.58 Ft | |
| Storage | 8.67 Ft x 7.00 Ft | |
| Furnace | 18.75 Ft x 7.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 9.83 Ft x 4.92 Ft | |
| Bedroom | 11.00 Ft x 8.25 Ft | |
| Bedroom | 8.00 Ft x 10.50 Ft | |
| Dining room | 12.50 Ft x 8.92 Ft | |
| Kitchen | 10.00 Ft x 10.17 Ft | |
| Living room | 12.83 Ft x 14.33 Ft | |
| Primary Bedroom | 14.17 Ft x 10.50 Ft |
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
11.29%
Cap rate
7.12%
GRM
10.1
Break-even rent
$2,207
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 9, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Lethbridge. 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.