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7315 5 Street SW
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Opportunity knocks in the desirable community of Kingsland! Situated on a large 6,000 sq. ft. corner lot, this well-maintained bungalow offers exceptional potential for homeowners, investors, and builders alike.Pride of ownership is evident throughout this original home, featuring beautiful hardwood floors, newer windows, upgraded electrical, a newer furnace, and newer fridge and oven. Move in and enjoy as-is, renovate to suit your personal style, or explore the redevelopment possibilities this generous lot presents.The functional floor plan provides a solid foundation for future improvements, while the prime location offers convenient access to schools, parks, shopping, transit, and major roadways.Whether you're searching for your next renovation project, a redevelopment opportunity, or a place to call home while building equity over time, this property offers outstanding flexibility and value. Large corner lots in established communities are becoming increasingly rare. Don't miss your chance to secure this exceptional Kingsland property. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 10.25 Ft x 16.92 Ft | |
| Other | 8.50 Ft x 11.58 Ft | |
| 2pc Bathroom | .00 Ft x .00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 12.58 Ft x 17.25 Ft | |
| Dining room | 8.58 Ft x 11.67 Ft | |
| Other | 8.17 Ft x 10.25 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Primary Bedroom | 10.92 Ft x 11.25 Ft | |
| Bedroom | 8.25 Ft x 11.08 Ft | |
| Bedroom | 8.50 Ft x 11.33 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).
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 11, 2026.
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