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117 Saddlelake Grove NE
Beds
6
Baths
6 full + 1 half
Sqft
2,845
Year
2012
Type
Single Family
On market
8d
Boasting rare double master suites, a spice kitchen, a main-floor den with a full bath, and a lucrative two-bedroom legal basement suite—offering 6 bedrooms and 6 bathrooms in total—this meticulously maintained two-story home delivers unbelievable value directly across from a scenic playground, complete with central air conditioning for hot summer days. The main floor effortlessly balances elegance and functionality, welcoming you with a high-ceiling formal living and dining room combo that flows into an expansive family room with a cozy fireplace, all anchored by a gourmet main kitchen boasting a premium wall oven, gas range, and beautiful granite countertops that extend throughout the entire house. Upstairs, the grand primary retreat sits behind elegant double doors and features a luxurious 5-piece spa-like ensuite, perfectly complementing a second master bedroom equipped with its own private 4-piece ensuite and walk-in closet; two additional bright bedrooms, a large open loft/living area, a full 4-piece bathroom, and a dedicated laundry room with built-in cabinetry complete this incredibly spacious upper floor. Adding immense income potential or multi-generational utility, the self-contained basement suite enjoys a completely private entrance, two large bedrooms (including a primary room with a private ensuite half-bath), a full bathroom, and its own separate laundry facility. Beautiful window coverings, a central vacuum rough-in, an extra-large driveway leading to a double attached garage, and a fully landscaped backyard complete with a storage shed and a BBQ gas line on the deck round out this remarkable property. Priced to sell and offering unparalleled features, this gem of a home is a rare find—call your favorite Realtor today to schedule your private viewing! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.58 Ft x 13.50 Ft | |
| Bedroom | 14.00 Ft x 12.75 Ft | |
| 4pc Bathroom | 4.92 Ft x 9.33 Ft | |
| 2pc Bathroom | 2.75 Ft x 6.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Den | 9.58 Ft x 9.92 Ft | |
| Living room | 16.75 Ft x 14.42 Ft | |
| Family room | 16.58 Ft x 14.33 Ft | |
| 4pc Bathroom | 4.92 Ft x 9.92 Ft | |
| Dining room | 16.67 Ft x 10.83 Ft | |
| Other | 12.67 Ft x 18.50 Ft | |
| Other | 5.92 Ft x 5.92 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 13.17 Ft x 14.00 Ft | |
| 5pc Bathroom | 9.67 Ft x 12.58 Ft | |
| Bedroom | 14.50 Ft x 15.67 Ft | |
| 4pc Bathroom | 4.92 Ft x 7.92 Ft | |
| Bedroom | 10.92 Ft x 10.83 Ft | |
| Bedroom | 12.00 Ft x 11.83 Ft | |
| Bonus Room | 14.67 Ft x 12.33 Ft | |
| 4pc Bathroom | 4.83 Ft x 7.92 Ft | |
| Laundry room | 6.42 Ft x 6.33 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
-0.90%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,542
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 2, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.