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58 N 1A Street E
A well loved family home ready for its next chapter! Whether you’re looking for something move in ready or a home you can continue to update and make your own, this property has plenty to offer. The main floor features 3 bedrooms, 2 bathrooms, and convenient main floor laundry, making it a great fit for a young family or anyone wanting everything on one level. The spacious living room upstairs and large family room downstairs are both excellent gathering spaces, each complete with a cozy wood burning fireplace. Downstairs, the bonus room could serve as an additional bedroom, office, playroom, or hobby space, while the two separate furnaces and separate entrances may provide suite potential. The attached heated single garage is perfect for parking, and the attached workshop adds even more functional space. Outside, the beautiful yard speaks for itself, the classic brick exterior offers curb appeal that’s hard to replicate today, and the solar panels are already purchased and installed, adding long term value and efficiency. Last but not least, the location is fantastic. Affordable family homes like this don’t come along every day come take a look! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.08 Ft x 9.58 Ft | |
| Bedroom | 9.42 Ft x 11.58 Ft | |
| Bedroom | 13.83 Ft x 13.92 Ft | |
| Family room | 18.17 Ft x 25.42 Ft | |
| Recreational, Games room | 13.00 Ft x 11.92 Ft | |
| Furnace | 9.25 Ft x 10.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.67 Ft x 5.67 Ft | |
| 4pc Bathroom | 7.67 Ft x 8.00 Ft | |
| Bedroom | 12.83 Ft x 10.92 Ft | |
| Bedroom | 10.17 Ft x 12.42 Ft | |
| Dining room | 12.17 Ft x 10.33 Ft | |
| Kitchen | 11.50 Ft x 10.33 Ft | |
| Living room | 21.67 Ft x 15.67 Ft | |
| Primary Bedroom | 12.92 Ft x 13.83 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
4.02%
Cap rate
5.67%
GRM
12.0
Break-even rent
$2,965
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 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.