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5313 50 Street
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Castor · Single Family · under $100,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to this delightful 2-bedroom, 1-full-bath bungalow, located in the heart of Castor. Built in 1953, this cozy home offers ablend of vintage charm and potential for modern updates, making it a perfect choice for first-time buyers, investors, or those looking to downsize.The main floor, encompassing a total of 762 square feet, features a practical layout with a comfortable living area, a functional kitchen, and two well-sized bedrooms. The full bathroom, which conveniently includes laundry facilities, adds to the home's appeal. The full, unfinished basement is a blankcanvas, ready for your vision. Whether you dream of creating a recreational room, additional living space, or simply need extra storage, this areaprovides flexibility to suit your needs. Currently, the property is occupied by a long-term tenant who wishes to stay, making it an excellent investmentopportunity. This means you can enjoy immediate rental income with a reliable tenant already in place. This charming bungalow offers a uniquecombination of affordability, potential, and convenience. Don’t miss out on this wonderful opportunity to own a piece of Castor’s history and shape itinto your dream home or investment property. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Living room | 12.75 Ft x 13.75 Ft | |
| Bedroom | 7.75 Ft x 9.25 Ft | |
| Other | 6.33 Ft x 9.17 Ft | |
| Primary Bedroom | 9.25 Ft x 10.67 Ft | |
| Kitchen | 7.00 Ft x 12.75 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
113.29%
Cap rate
27.52%
GRM
3.1
Break-even rent
$509
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.
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 Dec 17, 2025.
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.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.