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4211 51A Street
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A unique opportunity now available in Michener Hill. A former single family home, converted to a duplex, then some slight changes back to a single family home. At the front door, step into the front porch which leads into the main floor living space with a beautiful living room with hardwood floors that flow into the bright updated kitchen with laminate flooring and an access to the rear yard. Upstairs you'll find three bedrooms, along with a four piece bathroom. The basement level has a laundry space, storage with shelving, and mechanical area which offers two furnaces and two hot water tanks which separately supply each side of the house. From the front entrance, you can step through the door way which leads to the second side. The spacious family room moves you into the kitchenette (no stove)/ laundry area with access to the separate entrance and stairs leading to the upper floor. A large bedroom, four piece bathroom and sitting area complete the second level. Outside you'll love the mature south facing yard which offers a deck with concrete patio, detached single car garage, off street parking and garden boxes for the gardening enthusiast. This is a quiet neighborhood close to downtown, walking trails and all main amenities. Homes with this much history and possibility don’t come along often. Come see the charm, the space, and the versatility waiting for you! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 7.17 Ft x 5.50 Ft | |
| Storage | 7.08 Ft x 15.00 Ft | |
| Furnace | 8.50 Ft x 5.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Dining room | 6.58 Ft x 13.25 Ft | |
| Family room | 10.50 Ft x 9.92 Ft | |
| Kitchen | 10.50 Ft x 9.83 Ft | |
| Laundry room | 13.50 Ft x 12.67 Ft | |
| Living room | 10.00 Ft x 12.83 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft | |
| Primary Bedroom | 13.50 Ft x 9.83 Ft | |
| 4pc Bathroom | .00 Ft | |
| Bedroom | 9.92 Ft x 12.83 Ft | |
| Bedroom | 7.92 Ft x 9.67 Ft | |
| Bedroom | 8.58 Ft x 9.67 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
20.79%
Cap rate
9.02%
GRM
8.3
Break-even rent
$1,842
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 17, 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.