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502 508 Railway AVENUE E
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Welcome to this exceptional acreage-style property located in the Town of Maidstone, offering space, versatility, and modern comfort on a fully fenced 1.13-acre lot. This 1,502SF home, built in 2021, features town reverse osmosis water and a bright, open layout with three bedrooms and two bathrooms—perfect for families or those seeking extra room to grow. The spacious primary bedroom includes a walk-in closet and a private ensuite complete with a soaker tub and separate shower. A detached heated garage built in 2023 adds convenience and comfort year-round. A standout feature of this property is the large heated shop with 14’ x 12’ doors, designed to accommodate a semi or large equipment. The shop offers RV water and power hookups both inside and outside, along with additional living quarters above the shop and a bathroom with shower—ideal for guests, extended family, employees or added flexibility. With ample space for vehicles, equipment, and outdoor enjoyment, this unique property combines small-town living with exceptional functionality. A rare opportunity in Maidstone that truly has it all. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 18.6 × 15 feet | |
| Living room | 18.6 × 15 feet | |
| Primary Bedroom | 11.1 × 17 feet | |
| 4pc Ensuite bath | 8.4 × 10.1 feet | |
| Bedroom | 9.6 × 9.8 feet | |
| Bedroom | 11 × 9.11 feet | |
| 4pc Bathroom | 8.1 × 9.6 feet |
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
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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
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Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
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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).
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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 10, 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.