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Reduced $10,000 (2%) from $495,000
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Lacombe · Single Family · under $525,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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5616 55 Avenue
Hidden gem on a large lot. Your new home has had many upgrades. Walking in you will be greeted with an open concept of the bright living room that flows into the gorgeous kitchen. The kitchen was renovated in 2022 and has Lectus cabinets and granite counter tops. All new electrical, and all appliances. The stove is gas on top and the oven is electric combo. The built-in microwave has been vented outside. The new cabinets have been carried on into the open living room for more storage and entertainment center. All window coverings are Hunter Douglas blinds. Down the hall you will find a 4pc bathroom with a nice deep tub for soaking. 3 bedrooms will round off the top level. The basement is fully finished with spacious family room, large bedroom, 3 pc bathroom and an office area that can easily be turned into a 4th bedroom. Other upgrades are new outlets through out the house, air conditioner and furnace in 2022, New HWT 2022, and new roof 2014. To keep your vehicles warm is the double heated detached garage with cupboard storage, new 30 amp sub panel, and rewiring, furnace heater were installed in 2014, along with new garage door and opener. Large RV parking with 30 amp plug in and still plenty of room for your vehicle parking both on the front drive or in the back from the alley. The yard is massive, great for summer night fires and kids to have plenty of room to play. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.33 Ft x 10.83 Ft | |
| Family room | 24.33 Ft x 12.83 Ft | |
| Exercise room | 13.17 Ft x 12.83 Ft | |
| 3pc Bathroom | 4.83 Ft x 6.50 Ft | |
| Furnace | 9.92 Ft x 10.83 Ft | |
| Other | 3.50 Ft x 5.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.17 Ft x 9.67 Ft | |
| 4pc Bathroom | 4.92 Ft x 11.67 Ft | |
| Living room | 17.67 Ft x 10.08 Ft | |
| Kitchen | 16.17 Ft x 9.33 Ft | |
| Dining room | 16.17 Ft x 5.75 Ft | |
| Primary Bedroom | 10.50 Ft x 11.67 Ft | |
| Bedroom | 8.17 Ft x 9.67 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
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Insurance estimate
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Commute
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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.
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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 15, 2026.
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