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4913 48 Avenue
Beds
4
Baths
4 full + 2 half
Sqft
1,306
Year
1979
Type
Single Family
On market
119d
Check out this great family home. 1300 square foot bungalow. Four bedrooms, two full bathrooms, two 1/2 baths. You will love the open floor plan, perfect for entertaining family and friends. The spacious kitchen has two large islands which flow into the dining area. There are sliding doors to back deck. The bright living room has an outside powered roll down storm blind. The primary bedroom has a two piece en suite and walk-in closet, one more bedroom and a newer four piece bathroom. Main floor laundry for your convenience with another two piece bathroom. The finished basement features a large family room with a cozy gas fireplace and wet bar. There are two more bedrooms, another newer three-piece bathroom and two storage rooms. You will love your private fence backyard and maintenance free deck to enjoy your morning coffee. The detached 24‘ x 28‘ insulated garage gives you plenty of room to park and still have room for work area . Enjoy small town living in the vibrant community of Forestburg. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 13.50 Ft x 10.50 Ft | |
| Bedroom | 10.50 Ft x 8.42 Ft | |
| Family room | 24.50 Ft x 20.17 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 20.17 Ft x 13.17 Ft | |
| Living room | 15.50 Ft x 11.33 Ft | |
| Primary Bedroom | 12.17 Ft x 10.83 Ft | |
| Bedroom | 12.00 Ft x 8.67 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| 2pc Bathroom | .00 Ft x .00 Ft | |
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Laundry room | .00 Ft x .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
32.58%
Cap rate
11.38%
GRM
6.9
Break-even rent
$1,534
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 May 29, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Forestburg. 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.