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121 Canoe Square SW
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Beds
4
Baths
4 full + 1 half
Sqft
1,389
Year
2002
Type
Single Family
On market
0d
ll OPEN HOUSE - SUNDAY, JUNE 14TH - 11 A.M. TO 2 P.M. ll MOVE IN READY - FULLY DEVELOPED TWO STOREY HOME OFFERING OVER 2000 SQ FT OF UPDATED LIVING SPACE. This amazing family home in The Canals offers 4 beds plus 3.5 baths and is situated on a HUGE PIE LOT with MATURE LANDSCAPING. Stepping inside you are welcomed into a spacious foyer that boasts a large double closet and an additional shoe cabinet. SOARING VAULTED ceilings define the OPEN TO BELOW staircase that overlooks the family room. Expansive west facing windows in the family room and kitchen capture natural light throughout the day. The family room will accommodate your comfy sectional for entertaining and the open ended dining area easily seats your dining table with 6 chairs. A stunning kitchen update includes NEWER WHITE CABINETS offset with GRANITE AND FULL HEIGHT TILE BACKSPLASH complemented with a newer STAINLESS STEEL APPLIANCE PACKAGE. An UPDATED MAIN FLOOR 2 PC POWDER ROOM shares the laundry. Upstairs a generous sized primary bedroom enjoys room for a king sized bed, a walk in closet, a standalone wardrobe for additional clothes and a large space for a dresser. The FOUR PIECE ENSUITE has updated flooring, pottery and counters. There are two additional bedrooms on the upper floor plus ANOTHER FOUR PIECE BATH . The FULLY DEVELOPED BASEMENT has undergone a complete renovation maximizing the space and offers a 4th bedroom with egress window, a spa like 3 pc bath with a walk in shower and another family room; perfect for teens. A huge utility room sets the stage for further storage. The rear yard features an OUTDOOR OASIS, complete with a two tiered entertaining and dining area covered by a pergola set on stamped concrete, a outdoor firepit on stamped concrete for starlit evenings, an area for the trampoline which is included and a WOOD BURNING CEDAR SAUNA which your family will enjoy. The back yard extends the lifestyle that we all want to have everyday. Call your favorite realtor today to b ook your showing. A double attached garage is also attached to the garage next door. The house in this duplex style home is not attached. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.00 Ft x 10.67 Ft | |
| Furnace | 14.58 Ft x 12.17 Ft | |
| Bedroom | 9.58 Ft x 13.92 Ft | |
| Recreational, Games room | 9.83 Ft x 15.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 10.75 Ft x 9.25 Ft | |
| 2pc Bathroom | 5.67 Ft x 7.75 Ft | |
| Kitchen | 9.50 Ft x 11.83 Ft | |
| Dining room | 10.92 Ft x 9.33 Ft | |
| Family room | 10.92 Ft x 14.50 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 10.92 Ft x 18.33 Ft | |
| Bedroom | 10.83 Ft x 10.25 Ft | |
| 4pc Bathroom | 7.58 Ft x 4.92 Ft | |
| 4pc Bathroom | 7.50 Ft x 5.00 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.75 Ft x 12.83 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
-4.84%
Cap rate
3.90%
GRM
15.5
Break-even rent
$3,359
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 12, 2026.
Exact location of this listing.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Airdrie. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.