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4930 59 Street
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Beds
2
Baths
1
Sqft
855
Year
1979
Type
Single Family
On market
17d
Affordable home ownership starts here! This 2 Bedroom, 1 Bathroom Bi-Level Half Duplex in Innisfail is an excellent opportunity for first-time buyers, young families, or investors looking for a property with great potential in a quiet location near Dodd’s Lake. The bright front entry offers convenient storage space and welcomes you into a spacious Living Room complete with access to the front deck, creating a comfortable place to relax or entertain. The Dining Area flows nicely into the Kitchen, where you’ll appreciate the abundance of cabinets, counter space, and the added functionality of a wall pantry for extra storage. The main floor has 2 good sized Bedrooms and a full 4 Piece Bathroom. Downstairs, the unfinished basement with new windows provides plenty of room for future development, allowing you to customize the space to fit your needs over time. Roof new in 2020, Furnace 2019 and HWT 2019. Outside, the large backyard offers lots of green space for kids, pets, or outdoor enjoyment and off street parking in back. Located in the great community of Innisfail, this property offers access to schools, parks, recreation facilities, shopping, restaurants, and year-round community activities, all while providing easy commuting access to C&E Trail and QE2 for easy commuting to surrounding areas. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.08 Ft x 9.00 Ft | |
| Bedroom | 15.50 Ft x 9.08 Ft | |
| Bedroom | 12.00 Ft x 10.92 Ft | |
| Dining room | 8.25 Ft x 9.08 Ft | |
| Kitchen | 9.75 Ft x 9.33 Ft | |
| Living room | 17.33 Ft x 11.00 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
3.90%
Cap rate
5.65%
GRM
11.8
Break-even rent
$1,716
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 26, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Innisfail. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.