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Calgary · Single Family · under $1,250,000 · 7+ bed · 5+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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101 Homestead Crescent NE
Welcome to this exceptional walkout open to below home, ideally situated on a premium corner lot in the growing community of Homestead, NE Calgary. This impressive property offers breathtaking views, outstanding privacy, a rare oversized pie-shaped lot, and more than enough space for large or multigenerational families.Featuring a total of 8 spacious bedrooms, 6 full bathrooms, a three-bedroom basement legal suite, and a triple-car garage, this home combines luxury, functionality, and excellent income-generating potential.The main floor welcomes you with an elegant open to below living room featuring beautiful wallpaper and custom woodwork, a separate family room, one generously sized bedroom, and a full bathroom. The heart of the home is the massive kitchen, complete with built-in wall ovens, a gas cooktop, abundant cabinetry, and a separate spice kitchen. Step outside onto the oversized covered patio, where you can relax, entertain, and enjoy the peaceful farmland views in comfort.Upstairs, you will find a spacious bonus room, two luxurious primary bedrooms with tray ceiling, each featuring a private ensuite and walk-in closet. Two additional large bedrooms share another full bathroom. The conveniently located upper-floor laundry room includes built-in storage cabinets, making everyday living effortless.The fully developed walkout 3 bedrooms basement legal suite offers an open-concept kitchen with a gas stove, a spacious living room highlighted by custom woodwork, and three well-sized bedrooms. One bedroom includes its own ensuite bathroom and walk-in closet, while an additional full bathroom serves the rest of the legal suite. The basement is currently tenant-occupied, offering immediate rental income potential.Additional features include central air conditioning, decorative wallpaper throughout selected living areas and bathrooms, custom wood detailing, a fully fenced backyard, and an enormous pie-shaped outdoor space perfect for entertaining, garden ing, or family activities.Enjoy an excellent location just a one-minute walk from a nearby park and only minutes from Stoney Trail, East Hills Costco, Walmart, and East Hills Shopping Centre. Tim Hortons is approximately three minutes away, with additional future amenities planned nearby, including Anytime Fitness, grocery options, and restaurants.This is a rare opportunity to own a spacious, income-generating walkout property with spectacular views, premium upgrades, and one of the largest lots in the community. Book your private showing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.00 Ft x 8.00 Ft | |
| 3pc Bathroom | 4.92 Ft x 8.00 Ft | |
| Bedroom | 8.42 Ft x 11.25 Ft | |
| Bedroom | 13.83 Ft x 11.42 Ft | |
| Bedroom | 13.75 Ft x 11.50 Ft | |
| Dining room | 6.50 Ft x 10.75 Ft | |
| Kitchen | 9.83 Ft x 10.75 Ft | |
| Living room | 8.58 Ft x 20.00 Ft | |
| Furnace | 13.75 Ft x 11.42 Ft | |
| Other | 3.92 Ft x 4.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 4.92 Ft x 9.92 Ft | |
| Bedroom | 9.08 Ft x 12.33 Ft | |
| Family room | 14.92 Ft x 20.25 Ft | |
| Foyer | 10.67 Ft x 11.75 Ft | |
| Kitchen | 18.58 Ft x 12.33 Ft | |
| Living room | 17.08 Ft x 12.33 Ft | |
| Other | 6.08 Ft x 12.33 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 12.00 Ft | |
| 4pc Bathroom | 4.92 Ft x 11.50 Ft | |
| 5pc Bathroom | 14.67 Ft x 10.33 Ft | |
| Bedroom | 13.25 Ft x 15.33 Ft | |
| Bedroom | 10.00 Ft x 12.17 Ft | |
| Bedroom | 11.08 Ft x 12.17 Ft | |
| Primary Bedroom | 14.67 Ft x 17.17 Ft | |
| Other | 5.08 Ft x 11.00 Ft | |
| Bonus Room | 11.75 Ft x 12.58 Ft | |
| Laundry room | 6.92 Ft x 9.50 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
-0.76%
Cap rate
4.71%
GRM
13.9
Break-even rent
$7,053
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.
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 Jul 10, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
Al-Hedaya Islamic Centre
2.1 km away
Al Madinah Islamic Centre
2.4 km away
Hazrat Bilal Islamic Center
2.8 km away
3.8 km away
6.2 km away
Elementary
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
6.3 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
9.3 km away
10.0 km away
Halal grocery
Shaheen Grocery, Bakery & Halal Meat
3.4 km away
Amir Halal Meats & Grocery
9.3 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.