We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
5402 50 Avenue
Swipe through similar matches — tap the heart to save, or open one for the full read.
Beds
4
Baths
3 full + 1 half
Sqft
2,180
Year
1962
Type
Single Family
On market
14d
One. Of. A. Kind. If you have any roots in Vermilion, you'll be sure to know this house. Known for having the best Christmas lights in the county, this property has had the same ownership since 1968. Supplying a sprawling 2,000+ SQ FT home with recently updated triple pane windows, 2 new high efficiency furnaces, as well as Gerard: Stone-Coated Metal Roofing shingles. No expenses spared upon updating. Bells & whistles such as powered black-out, privacy screens for windows as well as skylights throughout. Headed upstairs: you'll find nearly 600 SQ FT of living space with a gorgeous balcony, providing a bird's eye view. The basement has had a MAJOR renovations: removing asbestos flooring & tiles. Also in the basement: a unique hot-tub room with a sauna. Cedar wood-work encased. The pristinely manicured yard supplies a private-powered gazebo (18' x 18'), a unique outdoor kitchen ( gas & water), as well as a large pond area with concrete/rock work surrounding. A true entertaining dream of a yard. Although needing some love, this unicorn of a property has sky-high potential. Net proceeds will be donated to Vermilion's 3 schools as directed by the executor. Vacant & can accommodate an immediate possession transfer. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Cold room | 7.08 Ft x 11.08 Ft | |
| Family room | 13.33 Ft x 38.92 Ft | |
| Other | 13.75 Ft x 14.83 Ft | |
| Sauna | 4.50 Ft x 5.58 Ft | |
| 3pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.92 Ft x 13.83 Ft | |
| 2pc Bathroom | — | |
| Living room | 14.17 Ft x 21.67 Ft | |
| Other | 15.58 Ft x 17.92 Ft | |
| Bedroom | 9.08 Ft x 12.00 Ft | |
| Bedroom | 10.00 Ft x 12.00 Ft | |
| Laundry room | 7.25 Ft x 15.92 Ft | |
| 4pc Bathroom | — |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 21.00 Ft x 28.00 Ft | |
| Other | 7.50 Ft x 8.83 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).
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 May 26, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Vermilion. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.