We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
Reduced $10,000 (2%) from $534,900
Swipe through similar matches — tap the heart to save, or open one for the full read.
11723 Canfield Road SW
Beds
4
Baths
2
Sqft
1,056
Year
1970
Type
Single Family
On market
43d
Income generating half-duplex in the lovely community of Canyon Meadows. It has two self contained legal suites with separate entrances and in-suite laundry. Tenants in both suites have been there long term and are interested in staying. This offers immediate cash flow and low vacancy risk.The upstairs suite offers a bright, open concept living with a corner fire place, gas stove and private balcony.The basement suite was renovated in 2022 and is modern and self-contained. Upgrades over the years include windows (2018), balcony sliding doors (2019), fence (2020). Outside there is a fully fenced yard with a patio and shed and a back alley with parking for two vehicles.Canyon Meadows is close to transit (including the LRT) excellent schools, shopping, parks, and conveniently close to major routes. It attracts quality renters and holds its value. This is a straightforward hassle free investment with consistent income. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Primary Bedroom | 2.96 M x 3.26 M | |
| Bedroom | 3.73 M x 2.97 M | |
| Living room/Dining room | 3.34 M x 6.25 M | |
| Kitchen | 2.92 M x 3.56 M |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Primary Bedroom | 3.13 M x 3.99 M | |
| Bedroom | 3.21 M x 2.80 M | |
| Dining room | 2.64 M x 2.87 M | |
| Living room | 3.93 M x 5.93 M | |
| Kitchen | 2.87 M x 3.78 M |
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
-1.28%
Cap rate
4.61%
GRM
13.9
Break-even rent
$3,268
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.
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 3, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.