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5114 47 Avenue W
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Location! Lot Size! Heated Garage! Welcome to this charming 3-bedroom, 1-bathroom bungalow situated on a large lot in a desirable neighbourhood. With solid bones and plenty of potential, this home is a fantastic opportunity for first-time buyers, investors, or anyone looking to build equity with a little sweat equity.The home features newer windows and a new front door, while the durable metal roofs on both the house and detached garage offer lasting peace of mind. The 22x26' heated garage, built approximately 15 years ago, also features metal siding and sits on a concrete parking pad, providing excellent storage, workspace, and convenient parking from the back alley.Inside, the home offers a functional layout with three bedrooms and a spacious living area. The primary bedroom and a few drywall areas require repairs due to previous moisture, making this an ideal property for buyers who aren't afraid to roll up their sleeves and add their own finishing touches.If you've been searching for an affordable home in a great location with excellent long-term potential, this one is worth a look! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.42 Ft x 13.00 Ft | |
| Living room | 11.25 Ft x 17.58 Ft | |
| Other | 11.25 Ft x 14.42 Ft | |
| Bedroom | 9.08 Ft x 9.58 Ft | |
| Bedroom | 7.67 Ft x 11.08 Ft | |
| Laundry room | 7.83 Ft x 8.25 Ft | |
| 4pc Bathroom | 4.58 Ft x 7.83 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 16, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.