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.
Swipe through similar matches — tap the heart to save, or open one for the full read.
422 7th Avenue
Beds
6
Baths
3
Sqft
1,700
Year
1996
Type
Single Family
On market
31d
Welcome to this unique property that checks off multiple boxes for needs & wants! Boasting 1700 sqft this open concept bungalow with vaulted ceilings has indoor and outdoor living space galore. The front door has you walk into the open concept view; there is a beautiful kitchen, solid wood cabinetry, a large island, and dinette. Easily transition to the sunken living room alongside two bedrooms with walk-in closets and a full bathroom. There is another recently converted bedroom with large double barn doors and a big, bright window. This could be a multipurpose room for dining, office or bedroom. Follow the hallway towards the Master bedroom, which is roomy, allowing a king-size bed, plus garden doors to the covered 528sqft veranda. There is a large walk-in closet, an ensuite with a jetted tub, shower, & good-sized vanity. The main floor laundry room has a modern shiplap design and back door access to a private covered back deck/grilling area, both front & back are freshly painted/stained. Downstairs is complete with a SECONDARY SUITE/MORTGAGE HELPER. There is a large landing space for either the upper or lower occupant, which is currently used as a work studio with plenty of storage and plumbing. Then, through a locked door, you have a well-appointed suite: with large living room, a huge kitchen with double ovens and tons of open shelving, two oversized bedrooms and another full bathroom. This property has two heat sources: in-floor heat, a forced-air furnace, and three hot water tanks, two for hot water and one for in-floor heat. There is also a separate laundry in the suite. This property can be used in many ways and would really help with monthly costs, having the rental income or convenient option if you require live-in caregivers. It's also a great primary home for a large family with 6 bedrooms, 3 bathrooms and a full second kitchen. There is plenty of room on the east side of the property to build a garage up to 40x40 FT if desired! And it is located on a q uiet dead-end street, homes like this don’t come along often call your Realtor® today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 17.25 Ft x 12.83 Ft | |
| 3pc Bathroom | 12.83 Ft x 8.83 Ft | |
| Bedroom | 12.33 Ft x 12.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 17.25 Ft x 13.92 Ft | |
| Bedroom | 9.50 Ft x 12.17 Ft | |
| 3pc Bathroom | 4.92 Ft x 9.33 Ft | |
| 4pc Bathroom | 11.50 Ft x 9.25 Ft | |
| Bedroom | 12.83 Ft x 11.08 Ft | |
| Bedroom | 11.00 Ft x 12.00 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
9.92%
Cap rate
6.85%
GRM
10.4
Break-even rent
$2,583
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 May 19, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Beaverlodge. 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.