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9918 70 Avenue
FANTASTIC OPPORTUNITY FOR INVESTORS OR FAMILIES ALIKE! This well maintained and move in ready home offers incredible value with 4 spacious bedrooms, 2 full bathrooms, and a versatile non conforming 1 bedroom mother-in-law suite in the basement, providing excellent income potential or additional space for extended family. The bright and functional layout features updated flooring, a cozy fireplace on the main level perfect for relaxing evenings, and comfortable living spaces throughout. Outside, you'll love the large fully fenced backyard shaded by mature trees, creating a private setting for children, pets, entertaining, or simply enjoying the outdoors. Conveniently located close to amenities, schools, parks, and shopping, this property combines affordability, flexibility, and long term potential. Whether you're looking for a revenue generating investment or a place to call home, this property is ready for immediate possession and offers outstanding value. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 14.58 Ft x 8.92 Ft | |
| 4pc Bathroom | 8.50 Ft x 5.17 Ft | |
| Living room | 14.00 Ft x 14.00 Ft | |
| Dining room | 8.00 Ft x 10.58 Ft | |
| Furnace | 14.25 Ft x 10.92 Ft | |
| Kitchen | 10.58 Ft x 10.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.42 Ft x 11.67 Ft | |
| Kitchen | 14.83 Ft x 11.08 Ft | |
| Dining room | 12.00 Ft x 8.58 Ft | |
| Primary Bedroom | 12.92 Ft x 9.83 Ft | |
| Bedroom | 9.33 Ft x 8.50 Ft | |
| 4pc Bathroom | 7.50 Ft x 6.92 Ft | |
| Bedroom | 11.08 Ft x 7.83 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
12.65%
Cap rate
7.39%
GRM
9.8
Break-even rent
$2,146
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.
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 16, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.