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Reduced $21,000 (5%) from $390,000
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5136 54 Avenue
Beds
3
Baths
2 full + 1 half
Sqft
1,412
Year
1926
Type
Single Family
On market
31d
Welcome home to 1536 54th Avenue in the peaceful community of Stavely. This gorgeous 1926 two-storey home, situated on two lots, is packed with charm, character, and incredible value. Offering over 1,400 sq. ft. of living space with 3 bedrooms and 2 bathrooms, this property beautifully blends timeless craftsmanship with thoughtful updates.From the moment you step inside, you’ll appreciate the original hardwood floors and the warm, inviting atmosphere throughout. The updated kitchen perfectly maintains the home’s antique charm with exposed brick accents, rich wooden features, and plenty of character. Just off the kitchen is a spacious dining room highlighted by stunning original leaded art glass windows, creating a truly special space for gathering with family and friends. The large living room offers a cozy and welcoming place to relax, while a convenient half bath completes the main level.Take the beautiful original wooden staircase upstairs where you’ll find three generously sized bedrooms and an updated 4-piece bathroom.Outside, the yard is truly a gardener’s dream oasis. Mature trees, lush perennials, and exceptional privacy create a peaceful outdoor retreat you’ll never want to leave. The property also features a double detached garage, an original carriage house shed....once home to horses and a wagon, plus an adorable guest house with a charming front porch. Whether you envision a man cave, she shed, art studio, or guest retreat, the possibilities are endless.Stavely is a charming small-town community known for its welcoming spirit and strong sense of community. Conveniently located between Calgary and Lethbridge, you’ll enjoy peaceful small town living while still having easy access to city amenities and services.Call your fave Realtor and book a showing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 14.67 Ft x 14.75 Ft | |
| Furnace | 7.50 Ft x 7.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 7.08 Ft x 7.17 Ft | |
| Living room | 14.67 Ft x 14.83 Ft | |
| Kitchen | 9.92 Ft x 15.75 Ft | |
| Dining room | 12.08 Ft x 12.83 Ft | |
| Other | 8.17 Ft x 17.25 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 10.25 Ft x 10.50 Ft | |
| Primary Bedroom | 12.25 Ft x 12.50 Ft | |
| Bedroom | 11.92 Ft x 12.08 Ft | |
| Bedroom | 9.25 Ft x 12.08 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
1.20%
Cap rate
5.10%
GRM
12.8
Break-even rent
$2,322
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 9, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Stavely. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.