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59 Redstone Park NE
This beautifully maintained, spacious family home stands out with a fully self-contained 1 bedroom LEGAL basement suite( Can easily be converted to a 2 bedroom with permit)—a rare and valuable feature for today’s families. Whether you’re looking for a mortgage helper, space for extended family, or long-term investment potential, this home offers flexibility without compromise.The open-concept main floor is designed for connection and comfort, featuring both a family room and a living room—perfect for busy family life and entertaining. A south-facing, fully fenced backyard fills the kitchen and living areas with natural light, while central air conditioning keeps the home comfortable year-round. The kitchen serves as the heart of the home, complete with a large island, granite counter-tops, stainless steel appliances, a walk-in pantry, and ample space for family meals.Upstairs, the home is thoughtfully laid out with four generous bedrooms, ideal for growing families. The primary bedroom offers a private retreat with a walk-in closet and a spa-inspired en-suite featuring double vanities, granite counter-tops, a soaker tub, and a separate shower. A spacious bonus room provides the perfect area for kids to watch movies or play games, while the main upstairs bathroom also features a double vanity with granite counter-tops. An upper-floor laundry room adds everyday convenience.The LEGAL basement suite with a separate entrance is professionally designed and fully compliant—ideal for rental income, multi-generational living, or future flexibility as your family’s needs evolve.Located just steps from a children’s park and playground, close to shopping, transit, and a future school, this home delivers space, comfort, and exceptional value—making it a smart choice for families today and tomorrow. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 12.08 Ft x 7.58 Ft | |
| Laundry room | 14.92 Ft x 23.67 Ft | |
| Bedroom | 15.50 Ft x 10.92 Ft | |
| 4pc Bathroom | 9.58 Ft x 5.00 Ft | |
| Furnace | 13.42 Ft x 7.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 12.58 Ft x 16.50 Ft | |
| Living room | 14.92 Ft x 13.67 Ft | |
| Family room | 13.67 Ft x 10.92 Ft | |
| Dining room | 13.42 Ft x 11.50 Ft | |
| 2pc Bathroom | 5.33 Ft x 5.00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 15.33 Ft x 13.25 Ft | |
| Other | 9.75 Ft x 11.58 Ft | |
| 5pc Bathroom | 10.42 Ft x 11.50 Ft | |
| Bedroom | 12.83 Ft x 10.00 Ft | |
| Bedroom | 11.00 Ft x 11.58 Ft | |
| Bedroom | 14.92 Ft x 9.83 Ft | |
| Bonus Room | 17.17 Ft x 14.83 Ft | |
| 5pc Bathroom | 8.17 Ft x 10.17 Ft | |
| Laundry room | 6.67 Ft x 6.08 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).
Cash on cash
-1.05%
Cap rate
4.65%
GRM
13.9
Break-even rent
$4,845
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 3, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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