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5501 51 Street
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Beds
5
Baths
2
Sqft
1,166
Year
1965
Type
Single Family
On market
19d
This home offers something for almost every type of buyer! Whether you’re looking to downsize from the farm, purchase your first home, expand space for a growing family, or add a solid property to your investment portfolio, this well-maintained 5-bedroom, 2-bathroom bungalow is sure to impress.Ideally located in the welcoming community of Rimbey, this 1,165 sq. ft. home sits on a spacious corner lot just a short walk from public schools, parks, the swimming pool, and many other local amenities. Built in 1965, the home has seen several important updates over the years, including a new hot water tank (2020), furnace (2018), garage shingles (2019), and house shingles (2020).The main floor features a bright and functional layout with three bedrooms, including a comfortable primary bedroom, a large living room, and an open kitchen and dining area perfect for everyday living and entertaining. Patio doors lead directly to a large deck, creating an ideal space for summer BBQs and outdoor gatherings. A spacious 5-piece bathroom completes the main level.Downstairs, you’ll find two additional bedrooms, a large recreation room, a 4-piece bathroom, laundry area, and a convenient cold room for extra storage.Outside, the fenced backyard provides plenty of room for kids, pets, and hobbies. The detached double garage includes a workbench area, and the rear alley access with side gates that offer the flexibility for RV parking if desired.This is a fantastic opportunity to own a spacious, move-in-ready home in a great location. Don’t miss your chance to make this wonderful property your own! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.25 Ft x 7.42 Ft | |
| Bedroom | 10.67 Ft x 107.75 Ft | |
| Bedroom | 10.17 Ft x 10.67 Ft | |
| Laundry room | 17.00 Ft x 10.83 Ft | |
| Recreational, Games room | 31.58 Ft x 10.67 Ft | |
| Furnace | 5.25 Ft x 3.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 5pc Bathroom | 4.92 Ft x 11.33 Ft | |
| Bedroom | 7.92 Ft x 12.08 Ft | |
| Bedroom | 11.00 Ft x 11.25 Ft | |
| Dining room | 9.17 Ft x 11.67 Ft | |
| Kitchen | 13.92 Ft x 11.25 Ft | |
| Living room | 21.75 Ft x 11.67 Ft | |
| Primary Bedroom | 11.00 Ft x 12.08 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 Jun 6, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Rimbey. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.