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120 8 Avenue NW
Beds
5
Baths
4 full + 1 half
Sqft
2,771
Year
2026
Type
Single Family
On market
53d
The Ultimate Inner-City Location – Steps from Crescent Park! Enjoy life just moments from tennis and basketball courts, a skating rink, playground, curling rink, and two baseball diamonds. Tucked away behind Crescent Road in a quiet setting, this home is within walking distance to downtown, Prince’s Island, St. Patrick’s Island, and the Bow River pathways. Bordering Rosedale, it offers stunning city, river, and mountain views.This custom-built 5-bedroom home boasts over 4,200 sq. ft. of luxurious living space, blending timeless design with modern comfort. Featuring 10’ceilings in basement and main floor and 9’ ceilings on upper floor with all rooms having tray ceilings, a massive chef’s kitchen with quartz counters and a butler’s pantry, high end JENN AIR appliances, black triple pane high efficiency windows, the open-concept layout flows seamlessly into the elegant living room with fireplace and French doors leading to a beautiful backyard oasis. The main floor also includes a spacious office and a formal dining room with city views. Upstairs, enjoy a bonus room, two additional bedrooms, and a private master retreat with barrel ceilings, fireplace, city views, a spa-like 5-piece en-suite, and a walk-in closet. The upstairs laundry adds extra convenience. The fully finished lower level features a media room, bar, gym, wine cellar, two more bedrooms, and a custom 4-piece bath—perfect for family or guests. This is truly a rare find in one of Calgary’s most desirable inner-city locations. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.00 Ft x 12.58 Ft | |
| Bedroom | 10.00 Ft x 12.00 Ft | |
| 3pc Bathroom | 5.00 Ft x 10.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 15.33 Ft x 19.50 Ft | |
| Dining room | 12.00 Ft x 12.00 Ft | |
| Kitchen | 10.00 Ft x 22.50 Ft | |
| Office | 10.00 Ft x 11.00 Ft | |
| 2pc Bathroom | .00 Ft x .00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 13.08 Ft x 15.50 Ft | |
| Bedroom | 11.83 Ft x 14.25 Ft | |
| Bedroom | 11.00 Ft x 12.00 Ft | |
| 5pc Bathroom | 8.00 Ft x 18.00 Ft | |
| 4pc Bathroom | 5.00 Ft x 11.00 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
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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
-0.58%
Cap rate
4.75%
GRM
13.9
Break-even rent
$12,815
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.