We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
Swipe through similar matches — tap the heart to save, or open one for the full read.
502 1 Street S
Beds
2
Baths
1
Sqft
1,216
Year
1946
Type
Single Family
On market
0d
This property is being sold in as is, where is condition and requires substantial repairs and improvements. The property has experienced significant water damage and is not currently in move-in condition. Buyers should be prepared for an extensive renovation project. The mature lot provides plenty of outdoor space and room for future development possibilities. Furnace was replaced in 2016 and the home is serviced with 100 AMP electrical service. Buyers are encouraged to conduct their own due diligence regarding the condition of the property and any future repair, renovation, or redevelopment plans. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 11.08 Ft x 14.08 Ft | |
| Dining room | 14.58 Ft x 12.08 Ft | |
| Family room | 16.42 Ft x 12.25 Ft | |
| Kitchen | 11.08 Ft x 11.67 Ft | |
| Bedroom | 12.17 Ft x 9.92 Ft | |
| 4pc Bathroom | 8.17 Ft x 6.00 Ft | |
| Primary Bedroom | 12.17 Ft x 10.50 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).
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 Jun 12, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.