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550 10th AVENUE
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Rosthern · Single Family · under $400,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Beautifully finished 2005 built duplex condo in Rosthern on a quiet street. Age 55 plus development with lawn maintenance, snow removal, exterior building maintenance, reserve fund and common building insurance covered in the current 280.00/month condo fee. Move in ready with a very thoughtful design! 2 bedrooms up and also 2 bedrooms down in the fully finished basement. Featuring 3 baths with main bath, en-suite with a shower and basement bath with a shower. Single attached front garage and beautiful back yard with a partially covered deck, flower and garden plots, stylish back yard shed. Laundry is currently in the mechanical room but the main flor hall closet currently used as a pantry also has the laundry hookups. Its not too often these kind of properties come up for sale so if this property checks the boxes then don't delay. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 20.7 × 14.6 feet | |
| Bedroom | 13 × 10 feet | |
| Bedroom | 10.4 × 9.4 feet | |
| 3pc Bathroom | 10.8 × 5.2 feet | |
| Laundry room | — | |
| Storage | 10.8 × 4.5 feet | |
| Dining nook | 10.5 × 5.7 feet |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 15 × 13 feet | |
| Kitchen | 14 × 9 feet | |
| Dining room | 15.3 × 8.5 feet | |
| Bedroom | 13.1 × 10.11 feet | |
| Bedroom | 10.3 × 8.3 feet | |
| 3pc Bathroom | 8.1 × 4.11 feet | |
| 3pc Ensuite bath | 6.4 × 5.7 feet |
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
9.40%
Cap rate
6.74%
GRM
10.5
Break-even rent
$2,298
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.
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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.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 26, 2026.
Location of this listing. Distances are straight-line.
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