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119 Silvercreek Close NW
Beds
4
Baths
4
Sqft
1,354
Year
1975
Type
Single Family
On market
25d
Welcome to a rare opportunity in Silver Springs — where thoughtful design, flexibility, and quality renovations come together in one of NW Calgary’s most established communities. This fully renovated bungalow with a legal basement suite and separate entrance offers exceptional versatility for homeowners and investors alike. The upper level features a beautifully renovated two-bedroom, two-bathroom layout designed for both comfort and privacy. The primary retreat includes a walk-in closet, private ensuite, and its own fireplace, creating a warm and inviting space. A second fireplace anchors the main living area, adding character and comfort. Separate laundry and a spacious front entry walk-in closet enhance everyday functionality. The legal basement suite mirrors the same level of quality and intentional design. With its own private entrance, two bedrooms, and two bathrooms, both lower bedrooms feature walk-in closets — a rare and highly desirable feature. The primary suite includes an ensuite and fireplace, while a second fireplace in the lower living room makes the space feel anything but secondary. Separate laundry and a front entry walk-in closet ensure complete independence and ample storage throughout. Extensive renovations significantly reduce long-term maintenance concerns. The home features all new electrical and plumbing, new windows and doors, and two inches of additional exterior insulation added during renovation to improve efficiency. An on-demand hot water system and central air conditioning provide year-round comfort, while an exterior security system with cameras, wiring for Gemstone lighting, and a roof redone with asphalt shingles in 2023 offer additional peace of mind. Situated on a corner lot with zero-scaping for minimal upkeep, the exterior is designed for convenience without sacrificing outdoor enjoyment. A triple detached heated garage measuring 36 by 22 with vaulted ceilings offers exceptional storage and workspace potential. RV parking, a d ouble parking pad, and a total of six parking spaces provide rare flexibility. A rear deck or balcony, lower patio, and gazebo complete the outdoor space. Whether you're looking for a multi-generational living setup, the ability to supplement your mortgage, or simply a fully renovated home with built-in flexibility, this property offers options that are increasingly hard to find in a mature NW neighbourhood. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 9.25 Ft x 6.83 Ft | |
| 3pc Bathroom | 9.67 Ft x 6.17 Ft | |
| Bedroom | 12.75 Ft x 13.92 Ft | |
| Bedroom | 11.17 Ft x 13.33 Ft | |
| Kitchen | 16.58 Ft x 12.50 Ft | |
| Living room | 17.00 Ft x 19.33 Ft | |
| Furnace | 10.00 Ft x 6.25 Ft | |
| Other | 7.67 Ft x 6.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 9.08 Ft x 5.25 Ft | |
| 4pc Bathroom | 5.58 Ft x 11.67 Ft | |
| Bedroom | 11.00 Ft x 14.83 Ft | |
| Kitchen | 13.00 Ft x 13.75 Ft | |
| Living room | 19.92 Ft x 19.75 Ft | |
| Primary Bedroom | 14.58 Ft x 11.67 Ft | |
| Storage | 4.67 Ft x 6.58 Ft | |
| Other | 11.00 Ft x 6.83 Ft | |
| Other | 9.17 Ft x 5.75 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
-0.86%
Cap rate
4.69%
GRM
13.9
Break-even rent
$5,997
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 May 15, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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