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5209 51 Street
Beds
4
Baths
3 full + 1 half
Sqft
1,488
Year
1975
Type
Single Family
On market
24d
Welcome to this beautifully updated 1975 bungalow located in the charming community of Castor. Situated on two large parcels overlooking the scenic Castor “Donut” wildlife refuge area, this well-maintained property offers space, privacy, and stunning natural views.This spacious home features 4 bedrooms, 2.5 bathrooms, and 1,488 sq. ft. of comfortable living space. The main floor showcases an extensively upgraded kitchen complete with new cupboards, countertops, appliances, lighting, fixtures, flooring, and a reverse osmosis (RO) system at the kitchen tap. The kitchen is highlighted by a huge quartz island and a large pantry, creating the perfect space for cooking, gathering, and entertaining.The primary bedroom offers the convenience of a walk-in closet and two piece en-suite while recent interior painting gives the home a fresh, modern feel throughout.Additional recent updates and features include:• Main floor laundry• New patio doors• New carpet in all four bedrooms• New carpet in the downstairs family room• Roof shingles replaced in June 2019• Vinyl windows installed in 1997• Wood-burning fireplace in the downstairs family room (not recently used)• Attractive exterior window shuttersThe property also offers excellent parking and storage options with both an attached insulated single garage and a double detached garage. Concrete driveways provide ample off-street parking.Outside, you’ll appreciate the mature trees, beautifully sized yard, and a fenced area with chain-link fencing — ideal for children or pets. With two large parcels overlooking the beautiful wildlife refuge area, this property offers exceptional outdoor space and peaceful views rarely found in town.A Real Property Report dated 2021 is available for added peace of mind.Offered at $480,000, this property combines modern updates, functional space, and a highly desirable location with picturesque views of nature right from your doorstep. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 14.08 Ft x 23.42 Ft | |
| Cold room | 3.08 Ft x 9.08 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 14.25 Ft x 11.17 Ft | |
| Bedroom | 13.42 Ft x 14.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 23.67 Ft x 14.67 Ft | |
| Other | 14.58 Ft x 22.58 Ft | |
| Laundry room | 9.08 Ft x 7.42 Ft | |
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 12.58 Ft x 12.08 Ft | |
| Primary Bedroom | 13.08 Ft x 14.42 Ft | |
| 4pc Bathroom | — |
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
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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.
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 Castor. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.