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4809 59 Street
Beds
5
Baths
4 full + 1 half
Sqft
2,384
Year
1984
Type
Single Family
On market
3d
Welcome to this truly one-of-a-kind property overlooking the beautiful green space of Michener Park, where mature landscaping and a peaceful setting create the feeling of country living right in the heart of the city. From the moment you arrive, the exceptional pride of ownership is evident both inside and out. Step into the grand foyer and discover this spacious five-level split designed to accommodate the needs of a growing family while offering multiple living and entertaining spaces. The bright and inviting living room features updated vinyl plank flooring and a large picture window that perfectly frames the picturesque park views to the west. The dining area offers a dedicated space for family gatherings and is conveniently located adjacent to the kitchen, which boasts an abundance of cabinetry and generous counter space. Just a few steps away, the cozy family room is highlighted by a gas stove and garden doors leading to the beautifully landscaped backyard. Mature trees, established garden beds, and an east-facing deck create the perfect outdoor retreat for enjoying your morning coffee or relaxing evenings. The upper level is home to three spacious bedrooms, including the oversized primary suite featuring ample closet space, a private balcony overlooking the backyard, and a 3-piece ensuite. An upper-level laundry area and an additional 4-piece bathroom add everyday convenience. The lower level offers even more flexibility with two additional bedrooms, a 3-piece bathroom, a bonus room, and a dedicated hot tub room (hot tub currently not operational). The basement remains undeveloped, providing excellent storage and future development potential, while currently housing the utility room, cold room, and a pool table ready for the next billiards enthusiast. Car lovers, hobbyists, and crafters will appreciate the heated triple attached garage, with one bay thoughtfully converted into a dedicated craft or hobby room. An attached storage shed provides ample space for gardening tools and outdoor equipment. Offering impressive square footage, multiple living areas, a heated triple garage, stunning mature landscaping, and an unbeatable location backing onto Michener Park, this exceptional property presents a rare opportunity to enjoy space, privacy, and comfort in one remarkable package! Note Garage spaces measure 21'2" x 22'10" and the single bay is 19'5" x 16'11". (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | — | |
| Bedroom | 11.00 Ft x 14.92 Ft | |
| Bedroom | 10.50 Ft x 10.58 Ft | |
| Recreational, Games room | 11.50 Ft x 19.08 Ft |
Basement
| Room | Dimensions | Features |
|---|---|---|
| Storage | 7.25 Ft x 6.00 Ft | |
| Other | 23.33 Ft x 19.25 Ft | |
| Furnace | 11.75 Ft x 7.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | — | |
| Dining room | 11.33 Ft x 15.83 Ft | |
| Family room | 17.83 Ft x 15.33 Ft | |
| Kitchen | 11.50 Ft x 17.17 Ft | |
| Living room | 23.25 Ft x 17.17 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | — | |
| 4pc Bathroom | — | |
| Bedroom | 10.25 Ft x 11.25 Ft | |
| Bedroom | 10.25 Ft x 11.17 Ft | |
| Laundry room | 7.42 Ft x 6.75 Ft | |
| Primary Bedroom | 27.00 Ft x 15.33 Ft |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Cold room | 7.25 Ft x 4.08 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
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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
-1.20%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,778
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.
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 6, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Lacombe. 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.