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4716 52 Avenue
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Vermilion · Single Family · under $175,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Set on a nice lot in Vermilion, this character filled 1½ storey home offers great potential for an investment property or rental opportunity. Built in 1944, this 3 bedroom, 1 bathroom home features a functional layout with a large kitchen complete with warm wood cabinetry and a spacious back entrance with main floor laundry. One bedroom is conveniently located on the main floor, with two additional bedrooms upstairs.Original wood trim, solid wood doors, and vintage glass knobs add charm and character throughout the home. Recent updates include flooring, a new hot water tank, all new plumbing, and some updated windows. Outside, the fenced backyard offers space to enjoy along with a detached 20’ x 26’ garage with a cement floor that could be brought back to life with some TLC.Whether you’re looking for a starter investment property, rental income potential, or a project property on a good lot, this home is worth a look! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 12.42 Ft x 9.50 Ft | |
| Other | 9.42 Ft x 15.58 Ft | |
| Living room | 23.17 Ft x 11.17 Ft | |
| Primary Bedroom | 12.33 Ft x 11.83 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Other | 14.42 Ft x 8.08 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 8.67 Ft x 9.08 Ft | |
| Bedroom | 10.58 Ft x 11.75 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
54.02%
Cap rate
15.67%
GRM
5.2
Break-even rent
$988
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 May 21, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.