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5014 48 Street
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Beds
3
Baths
2
Sqft
808
Year
1952
Type
Single Family
On market
26d
Welcome to this cute and very clean home in the heart of Taber, Alberta. Perfect for first-time buyers, investors, or anyone looking for a property with excellent potential. Situated on an oversized lot, this home is within walking distance to downtown, the golf course, schools, skate park, playground, tennis courts, and pickleball courts.The main floor features 2 comfortable bedrooms and a bright 4-piece bathroom , while the basement offers an additional bedroom and a convenient 3-piece bathroom. The kitchen includes ample cupboard space, making it both functional and inviting.Major mechanical updates provide peace of mind, including a new furnace and central air conditioning unit installed in 2024, along with a water heater replaced in 2023. The basement is partially finished and has had extensive professional waterproofing renovations completed, including WaterGuard Flex wall systems, an interior drainage system, floor trenching, and drainage to two sump pumps all professionally installed.Outside, you'll find a large workshop/shed space with excellent potential to be converted into a garage by simply adding a garage door.Whether you're searching for a cozy starter home or a strong rental property opportunity, this charming home offers value, updates, and future potential in a fantastic location. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.83 Ft x 8.67 Ft | |
| Bedroom | 11.33 Ft x 8.33 Ft | |
| Laundry room | 8.92 Ft x 12.33 Ft | |
| Recreational, Games room | 8.92 Ft x 12.08 Ft | |
| Furnace | 12.00 Ft x 12.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.08 Ft x 8.00 Ft | |
| Bedroom | 9.92 Ft x 10.25 Ft | |
| Kitchen | 9.42 Ft x 12.67 Ft | |
| Living room | 19.17 Ft x 12.58 Ft | |
| Primary Bedroom | 10.33 Ft x 12.67 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
10.95%
Cap rate
7.05%
GRM
10.1
Break-even rent
$1,843
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 5, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Taber. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.