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6343 58 Avenue W
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Beds
5
Baths
2
Sqft
912
Year
1978
Type
Single Family
On market
76d
Discover incredible value in this spacious five-bedroom, two-bathroom half-duplex, perfectly positioned for families or investors seeking both comfort and affordability. The main level greets you with a bright, expansive living room anchored by an upgraded vinyl window, flowing seamlessly into a generous dining area and a kitchen featuring cabinetry and countertops updated in 2012. Durable vinyl flooring and modern baseboards run throughout this level, which hosts three well-appointed bedrooms and a full four-piece bathroom. For those who enjoy a morning coffee or a quiet evening outdoors, one of the main-floor bedrooms offers direct access to a charming, covered deck.The living space extends into the fully finished basement, which provides two additional bedrooms equipped with code-compliant exit windows for your peace of mind. This lower level is rounded out by a three-piece bathroom, a cozy family room, and a versatile playroom that can easily adapt to your lifestyle needs. Significant mechanical attention has been paid to the home as well, including a major electrical overhaul in the summer of 2021 to modernize the power supply and ensure long-term reliability.The exterior of the property is just as impressive, featuring a large, fully fenced backyard that serves as a private oasis with mature bushes, lush vegetation, and thoughtful landscaping. Situated in a prime location within walking distance to the G.H. Dawe Community Centre, local schools, parks, and major shopping hubs, this home offers the perfect blend of convenience and quiet residential living. All ready for its new owner! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.08 Ft x 5.58 Ft | |
| Bedroom | 9.92 Ft x 8.67 Ft | |
| Bedroom | 14.33 Ft x 8.67 Ft | |
| Recreational, Games room | 20.92 Ft x 18.67 Ft | |
| Storage | 12.17 Ft x 9.67 Ft | |
| Storage | 3.92 Ft x 5.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.83 Ft x 7.42 Ft | |
| Bedroom | 12.75 Ft x 8.00 Ft | |
| Bedroom | 12.25 Ft x 8.00 Ft | |
| Dining room | 7.25 Ft x 8.00 Ft | |
| Other | 11.67 Ft x 8.08 Ft | |
| Living room | 15.00 Ft x 11.33 Ft | |
| Primary Bedroom | 10.25 Ft x 10.92 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
33.85%
Cap rate
11.63%
GRM
6.8
Break-even rent
$1,709
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 Jun 2, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Red Deer. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.