Investor Alert! Turnkey, income-generating property with strong cash flow. Tenant-occupied until October 2026, with a good tenant in place who may be willing to stay longer if permitted. Tenant has strong credit — ideal for long-term investors seeking stable, low-risk income.
Brand new detached home generating immediate rental income with an impressive ~5.5% CAP rate. This is a fully turnkey investment with legal basement, offering stable cash flow from day one.
Up to 10-Year Alberta New Home Warranty for added peace of mind.
Located on a quiet street in one of Calgary’s desirable communities, this premium property features extensive upgrades and dual-income potential.
Investment Highlights:
Tenant-occupied until October 2026
Tenant may stay longer (subject to agreement)
Good tenant with strong credit
Turnkey rental with immediate cash flow
Legal basement suite with separate entrance
Strong CAP rate (~5.5%)
Ideal for long-term hold investors
No landlord setup required
Property Features (Summary):
Nearly 2,040 sqft above grade
~800 sqft legal basement suite
Detached double garage (20x20) with lane access
Premium upgrades throughout (over $40,000)
In-floor heating (basement & ensuite)
Quartz countertops, premium appliances
ICF foundation for energy efficiency
Trex deck, landscaping & fencing complete
Smart home & security features
ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Garage Control(s), Gas Range, Microwave Hood Fan, Range, Range Hood, Refrigerator, Washer/Dryer, Water Softener, Wine Refrigerator
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
15'5"4.70 m × 11'11"3.63 m
Main Floor
Family Room
15'4.57 m × 14'4.27 m
Main Floor
Mud Room
9'9"2.97 m × 6'1.83 m
Main Floor
Kitchen
16'6"5.03 m × 12'7"3.84 m
Main Floor
Foyer
7'6"2.29 m × 6'7"2.01 m
Main Floor
Dining Room
16'4.88 m × 15'4.57 m
2nd Floor
Walk-In Closet
12'7"3.84 m × 7'2.13 m
2nd Floor
Bedroom - Primary
16'4"4.98 m × 14'8"4.47 m
2nd Floor
Bedroom
14'4"4.37 m × 11'5"3.48 m
2nd Floor
Bedroom
11'10"3.61 m × 11'4"3.45 m
Basement
Furnace/Utility Room
9'6"2.90 m × 7'10"2.39 m
Basement
Kitchen
5'4"1.63 m × 4'10"1.47 m
Basement
Bedroom
13'3.96 m × 10'3.05 m
Basement
Walk-In Closet
8'11"2.72 m × 6'1"1.85 m
Floor
Ensuite
Pieces
Other
Main Floor
No
2
5'1" x 6'
2nd Floor
Yes
5
7'6" x 18'5"
2nd Floor
No
4
10' x 5'9"
Basement
No
3
5' x 9'6"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Built-in Features, Chandelier, Double Vanity, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Quartz Counters, Separate Entrance, Sump Pump(s), Vaulted Ceiling(s), Walk-In Closet(s)
Exterior Features:
BBQ gas line, Courtyard, Private Yard
Patio And Porch Features:
Patio
Lot Features:
Back Lane, City Lot, Front Yard, Landscaped, No Neighbours Behind, Rectangular Lot
Data was last updated February 8, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
4,590
Avg list price:
$549,900
Min list price:
$135,000
Max list price:
$13,500,000
Avg days on market:
29
Min days on market:
1
Max days on market:
861
Avg price per sq.ft.:
$402.43
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.