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.
Swipe through similar matches — tap the heart to save, or open one for the full read.
55 Centennial Drive
Located on over a 12,000 sqft lot backing onto a green space, this downtown home has TONS OF PARKING including RV PARKING and FRONT DOUBLE ATTACHED GARAGE with new garage door. Inside, there is a bright living room with hardwood flooring that leads to the eat-in kitchen with lots cabinet space. Down the hall are 3 good sized bedrooms including the primary with 2 piece en-suite. Just outside the bedrooms is the 4 piece bathroom. also located on this level the laundry area and door leading to the sun room, connecting the house to the gorgeous backyard with tons of room to enjoy the fresh air. The basement is self contained with a living room/kitchenette, 2 bedrooms, 3 piece bathroom and laundry room. Added bonuses include central air, Hot Water Tank replaced in 2022 and main floor washer and dryer (2022). Title insurance in lieu of a real property report. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 22.25 Ft x 21.25 Ft | |
| Bedroom | 11.42 Ft x 8.17 Ft | |
| Bedroom | 11.42 Ft x 10.17 Ft | |
| 3pc Bathroom | — | |
| Laundry room | 9.17 Ft x 9.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.42 Ft x 14.83 Ft | |
| Kitchen | 11.42 Ft x 10.58 Ft | |
| 2pc Bathroom | — | |
| 4pc Bathroom | — | |
| Other | 11.42 Ft x 7.17 Ft | |
| Primary Bedroom | 11.42 Ft x 12.92 Ft | |
| Bedroom | 10.08 Ft x 9.67 Ft | |
| Bedroom | 10.08 Ft x 9.25 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
4.44%
Cap rate
5.75%
GRM
11.9
Break-even rent
$2,934
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 Jun 20, 2026.
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.