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5905 53 Avenue
Beds
5
Baths
3
Sqft
1,370
Year
2006
Type
Single Family
On market
27d
Welcome home to a bungalow that simply makes sense for every stage of life. Whether you are starting out, growing into more space, or looking for the ease of main floor living for years to come, this well-kept property offers comfort, function, and a location that feels easy to settle into. Built in 2006 and offering 5 bedrooms plus 3 bathrooms, this air-conditioned home is move-in ready with a warm, inviting feel throughout. Hardwood flooring, neutral tones, and an open concept layout create a space that feels connected, comfortable, and ideal for everyday living. The kitchen features rich dark cabinetry, a large breakfast bar, updated appliances, and flows naturally into the dining and living areas — perfect for busy mornings, quiet evenings, or gathering with family and friends. Garden doors lead to the back deck overlooking the fully fenced yard with room to garden, relax, or let kids and pets enjoy the outdoor space. The main floor offers 3 bedrooms including a spacious primary suite with 3-piece ensuite, plus the convenience of optional main floor laundry hookups for true one-level living if desired. Downstairs, the bright and spacious basement provides a terrific extension of the home with a large rec room, 2 additional bedrooms, a full bathroom, and excellent storage. Central Air equipped, roughed in for floor heat in basement. The heated attached garage, attractive curb appeal, pride of ownership, and quiet central location complete this terrific package. Just move in and enjoy. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 16.25 Ft x 33.67 Ft | |
| Bedroom | 12.25 Ft x 11.42 Ft | |
| Bedroom | 12.58 Ft x 9.00 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.75 Ft x 9.75 Ft | |
| Bedroom | 9.75 Ft x 9.83 Ft | |
| Primary Bedroom | 12.00 Ft x 12.25 Ft | |
| Kitchen | 14.00 Ft x 12.42 Ft | |
| Living room/Dining room | 13.00 Ft x 22.00 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| 3pc Bathroom | .00 Ft x .00 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
3.22%
Cap rate
5.51%
GRM
12.2
Break-even rent
$3,026
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.
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 May 17, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Stettler. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.