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Reduced $19,400 (5%) from $414,900
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96 Jensen Crescent NE
Beds
4
Baths
1
Sqft
866
Year
1980
Type
Single Family
On market
26d
Starter homes are no longer a thing of the past, with this cozy and affordable fixer-upper! This half-duplex bungalow in the established community of Jensen offers an incredible opportunity for first-time buyers, investors, or anyone looking to build equity through cosmetic updates and thoughtful renovations.Situated on a sunny south-facing lot and surrounded primarily by detached homes, this property offers exceptional value in a quiet, family-friendly neighbourhood. Many of the major exterior improvements have already been completed, including Hardy Board siding, shingles, and windows (2014), along with a new deck, fence, and gate (2021).Inside, the home is ready for your imagination. Reimagine the existing floor plan, open up the living spaces, and create the kitchen and bathroom you’ve always wanted. Whether you’re looking for a modern open-concept design or simply want to refresh the interior finishes, this home offers an excellent canvas to bring your vision to life. The current layout provides flexibility, with the option to relocate the laundry downstairs (hook-ups ready) and create a larger primary bedroom, or maintain the existing configuration to suit your needs.The partially developed basement offers even more opportunity, featuring a bathroom rough-in and plenty of space for future development. Existing rooms can be redesigned into additional living space, bedrooms, a home office, gym, or recreation area (note: basement windows do not meet current egress requirements).Outside, you’ll appreciate both a front parking pad and a single detached garage (2018) with alley access, providing ample parking and storage. The spacious backyard is perfect for gardening, relaxing or entertaining, featuring both upper and lower decks ideal for Summer BBQ's. Located within walking distance to schools, parks, playgrounds, and pathways, and just minutes from shopping and amenities, this is a location that continues to appeal to families and commuters alike.The home has been professionally pre-inspected for added peace of mind, with the report identifying primarily cosmetic improvements and no significant concerns noted. In addition, the property has undergone asbestos testing, with results confirming it is asbestos-free, providing added confidence for your renovation plans. With many of the major exterior updates already completed, this is a fantastic opportunity to add your own style, increase value, and create a home tailored to your needs—all with no condo fees. Call your favourite Realtor to book your showing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 8.50 Ft x 13.17 Ft | |
| Bedroom | 10.08 Ft x 18.25 Ft | |
| Den | 10.58 Ft x 12.58 Ft | |
| Recreational, Games room | 8.67 Ft x 12.25 Ft | |
| Furnace | 9.33 Ft x 11.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.00 Ft x 7.33 Ft | |
| Bedroom | 7.42 Ft x 12.50 Ft | |
| Den | 8.50 Ft x 9.00 Ft | |
| Foyer | 6.50 Ft x 9.75 Ft | |
| Kitchen | 10.00 Ft x 15.67 Ft | |
| Living room | 12.83 Ft x 14.50 Ft | |
| Primary Bedroom | 9.50 Ft x 11.42 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
6.01%
Cap rate
6.07%
GRM
11.4
Break-even rent
$2,483
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 9, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Airdrie. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.