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.
Reduced $10,900 (4%) from $249,900
Swipe through similar matches — tap the heart to save, or open one for the full read.
5032 55th Avenue
Beds
4
Baths
2
Sqft
816
Year
1956
Type
Single Family
On market
48d
Welcome to this freshly renovated home, featuring two separate suites—one upstairs and one downstairs. The upper level has a bright, south-facing living room, two bedrooms, and one full bathroom. Recent updates include brand-new kitchen and bathroom cabinets, all-new windows and doors, and fresh flooring throughout. Downstairs, you'll find a second suite with two bedrooms, its own kitchen and living area, and a bathroom with a convenient stand-up shower. Outside, the transformation continues with fresh paint, new shingles, a brand-new front deck, a partially fenced backyard, and a stunning new stone facade on the front of the house. Shared laundry on the lower floor. This move-in-ready property offers incredible flexibility and modern comfort at every turn. Immediate possession available. Call today to book your viewing. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.33 Ft x 7.00 Ft | |
| Bedroom | 9.75 Ft x 7.17 Ft | |
| 3pc Bathroom | 5.92 Ft x 5.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 10.33 Ft x 10.08 Ft | |
| Bedroom | 10.25 Ft x 9.50 Ft | |
| 3pc Bathroom | 6.08 Ft x 9.33 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)
Save this analysis — go Pro (free)
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 9, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for High Prairie. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.