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Reduced $10,099 (2%) from $489,999
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Legal · Single Family · under $525,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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5121 53A AV
This beautiful new 2-storey home in Pepins Point is approved for the Town of Legal's tax incentive program on a spacious lot with alley access near parks and trails. The main floor features a bright, open layout with a gorgeous kitchen—white shaker cabinets, quartz counters, warm wood-tone island, walk-in pantry, tile backsplash, stainless appliances, and designer lighting. The living room boasts a dramatic floor-to-ceiling reclaimed wood-style tile fireplace. A half bath is off the attached garage. Upstairs offers 4 bedrooms, a 4-piece bath, laundry with washer and dryer. The primary suite features a 5-piece ensuite with dual sinks, oval mirrors, glass shower, soaker tub, and a walk-in closet with built-ins. The basement has a separate side entrance with potential for a legal secondary suite—ideal for rental income or extended family. The oversized double garage includes high ceilings, floor drain, drywalled walls, and heat rough-ins. Rear deck with natural gas BBQ hookup rounds it out. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 4.62 × 3.94 meters | |
| Dining room | 3.1 × 3.05 meters | |
| Kitchen | 3.94 × 3.05 meters |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 3.81 × 3.89 meters | |
| Bedroom 2 | 3.81 × 3 meters | |
| Bedroom 3 | 3.99 × 3 meters | |
| Bedroom 4 | 3.51 × 3.89 meters | |
| Laundry room | 1.65 × 2.87 meters |
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
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Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
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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
-1.13%
Cap rate
4.64%
GRM
13.8
Break-even rent
$2,995
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.
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 19, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
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