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5211 49 Avenue
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Beds
2
Baths
1
Sqft
685
Year
1947
Type
Single Family
On market
42d
This charming, and completely upgraded Bungalow is perfectly suited for first-time buyers, downsizers, or those looking for a solid investment opportunity. From the moment you step inside, you are greeted by a warm and inviting living room filled with natural light, original wood trim and baseboards that have been restored, creating a bright and comfortable space to relax or entertain. There is a versatile bedroom that is currently utilized as a dining room and could also make a nice office space, ideal for working from home. The new kitchen sits at the heart of the home, offering ample counter space and plenty of cabinetry. Tucked just off the kitchen is the primary bedroom, complete with a walk in closet featuring built-in shelving. A full bathroom conveniently completes the main floor. Toward the back of the home, a practical rear entry provides a great space for coats, shoes, and everyday storage. The basement offers a designated laundry area along with abundant storage space. It presents excellent potential for future development to suit your lifestyle needs. Outside, the beautifully landscaped backyard adds to the overall charm of the property, with a fully fenced yard featuring a newer fence for added privacy and peace of mind. A detached garage provides secure parking and additional storage. Recent improvements include new front and back steps completed between 2024–2026. In the past 5 years extensive renovations were completed including majority of windows replaced on main floor, new shingles, new flooring throughout main floor, new bathroom fixtures, electrical and plumbing upgrades. Ideally located within walking distance to schools, parks, and all downtown amenities, this delightful property offers both comfort and convenience in a great location. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 20.58 Ft x 13.83 Ft | |
| Storage | 7.17 Ft x 11.42 Ft | |
| Storage | 19.75 Ft x 8.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 12.33 Ft x 11.92 Ft | |
| Bedroom | 10.58 Ft x 9.75 Ft | |
| Kitchen | 10.67 Ft x 11.92 Ft | |
| 4pc Bathroom | — | |
| Primary Bedroom | 9.00 Ft x 10.58 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
5.39%
Cap rate
5.94%
GRM
11.4
Break-even rent
$1,655
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 8, 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 Ponoka. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.