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549 2 Street NW
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Tucked into one of the most sought-after pockets of the city, this well-appointed bungalow delivers on all the things that matter most: space, layout, and location. Steps from parks, walking paths, and the stunning South Saskatchewan River, this is the kind of address people wait for. Inside, the main floor welcomes you with an open living area flooded with natural light through large front windows. The kitchen offers generous counter and cupboard space, plenty of room to cook and keep everything organized. Three bedrooms and a full 4-piece bathroom round out the main level nicely. Head downstairs and you'll find even more to love. A spacious rec room that adapts easily to a lounge, gym, playroom, or hobby space, plus an additional bedroom, a 3-piece bathroom, and a large laundry area with plenty of storage. Outside is where this property really shines. The backyard is a private retreat, framed by mature trees that create the kind of seclusion that's hard to find. Add in the oversized single-car garage (12x24) and you've got a complete package, whether you're hosting summer get-togethers, letting the kids run loose, or just enjoying a quiet evening outside. Whether you're a family planting roots in a great neighbourhood or an investor adding a solid property to your portfolio, this one checks the boxes. Come see it for yourself! **Some photos have been virtually staged to remove tenant belongings.** (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 6.33 Ft x 7.58 Ft | |
| Bedroom | 10.58 Ft x 16.33 Ft | |
| Laundry room | 18.92 Ft x 12.83 Ft | |
| Recreational, Games room | 31.58 Ft x 14.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 9.00 Ft x 6.50 Ft | |
| Bedroom | 12.50 Ft x 10.75 Ft | |
| Bedroom | 9.17 Ft x 11.58 Ft | |
| Dining room | 7.58 Ft x 9.50 Ft | |
| Kitchen | 14.25 Ft x 10.08 Ft | |
| Living room | 11.83 Ft x 16.92 Ft | |
| Primary Bedroom | 10.75 Ft x 15.17 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).
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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 Jun 20, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.