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Lacombe · Single Family · under $400,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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5709 49 Avenue
NEW PRICE!!! The wait is over! Welcome to this charming and well-maintained bungalow situated on one of Lacombe's most picturesque streets. Whether you're a first-time home buyer, downsizing, or looking for an investment property, this home checks all the boxes. The main floor offers two spacious bedrooms and a beautifully updated 4-piece bathroom featuring a new vanity, tiled shower surround, updated lighting, and a retro green tub that preserves the home's original character and charm. You'll appreciate the original hardwood flooring in the bright and inviting living room, while the kitchen and bathroom feature practical tile flooring, and the bedrooms offer the comfort of carpet underfoot. The kitchen is filled with natural light and showcases dark green cabinetry, laminate countertops, a classic brick backsplash, built-in bench seating, and charming brick accents that add warmth and personality. The spacious living room is separate from the kitchen and dining area, creating comfortable and functional living spaces. A generous front entry features a custom built-in bench, coat hooks, and shoe storage, providing practical space for both the main floor and basement occupants. The fully developed basement offers excellent flexibility with a separate kitchen, pantry, living room, one bedroom, and a 4-piece bathroom—ideal for extended family or guests. Notable updates include main floor windows replaced in recent years and shingles approximately nine years old. Outside, you'll appreciate the single detached garage, concrete driveway, additional rear parking pad, back alley access, fenced yard, and low-maintenance landscaping. Beautiful rock in the flower gardens enhance the home's curb appeal, creating a welcoming first impression. From the moment you arrive, you'll appreciate the charm and pride of ownership this property offers. A wonderful opportunity in a mature, sought-after neighborhood close to schools, parks, shopping, and all of Lacombe's amenities. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Bedroom | 8.33 Ft x 10.83 Ft | |
| Kitchen | 10.42 Ft x 9.17 Ft | |
| Laundry room | 9.67 Ft x 4.75 Ft | |
| Furnace | 11.58 Ft x 6.17 Ft | |
| Storage | 9.42 Ft x 7.42 Ft | |
| Storage | 8.75 Ft x 3.00 Ft | |
| Living room | 15.17 Ft x 12.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Bedroom | 9.25 Ft x 11.08 Ft | |
| Kitchen | 7.00 Ft x 10.08 Ft | |
| Living room | 17.08 Ft x 11.50 Ft | |
| Primary Bedroom | 11.58 Ft x 11.50 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
2.20%
Cap rate
5.30%
GRM
12.5
Break-even rent
$2,262
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.
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 Jul 1, 2026.
Location of this listing. Distances are straight-line.
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