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6333 24 Avenue NE
Beds
3
Baths
2 full + 1 half
Sqft
632
Year
1975
Type
Single Family
On market
27d
Here is the TURN-KEY INVESTMENT you’ve been looking for in Pineridge! Featuring PROVEN CASH FLOW and a great long-term tenant already in place, this 1,100 sq. ft. semi-detached home offers a stable and secure addition to your portfolio.The open-concept main floor is flooded with natural light from massive windows, creating a bright and inviting space for the kitchen, dining, and living areas. This home has been well-maintained and upgraded over the years, including brand new windows installed in 2025, ensuring energy efficiency and peace of mind for years to come.With three generous bedrooms on the lower level and two full bathrooms, this layout is highly functional and has massive tenant appeal. The exterior features a private fenced yard with a back deck, perfect for a BBQ and outdoor relaxation. Situated on a spacious corner lot, this property is in a truly great location, just steps away from schools, shopping, and transit.It is everything a long-term tenant would want, which means a stable and secure investment for you. The seller is also selling the other side (6335), giving you the flexibility to buy it as a full duplex or purchase one side to start your first stable investment! Before booking a showing, have a look at the Virtual tour! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.67 Ft x 5.08 Ft | |
| Bedroom | 12.33 Ft x 8.42 Ft | |
| Bedroom | 12.33 Ft x 10.00 Ft | |
| Primary Bedroom | 7.92 Ft x 13.25 Ft | |
| Storage | 7.00 Ft x .00 Ft | |
| Furnace | 5.17 Ft x 5.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 8.75 Ft x 6.67 Ft | |
| Dining room | 8.75 Ft x 12.42 Ft | |
| Foyer | 7.00 Ft x 4.08 Ft | |
| Kitchen | 8.33 Ft x 7.00 Ft | |
| Living room | 13.33 Ft x 19.33 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
1.59%
Cap rate
5.18%
GRM
12.7
Break-even rent
$2,298
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.
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 13, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
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