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Reduced $30,000 (5%) from $549,900
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124 Maitland Drive NE
Beds
3
Baths
2
Sqft
1,000
Year
1975
Type
Single Family
On market
26d
This is a solid, fully renovated bungalow on a quiet street with a layout that just works. The main floor has been opened up to create a functional living space featuring engineered hardwood throughout, along with a newer kitchen complete with marble countertops, quality stainless steel appliances including a Bosch dishwasher, convection oven, three-door fridge with ice and water, and plenty of storage. There are two good-sized bedrooms upstairs including a primary with a large walk-in closet with built-in organizers, along with an updated 4-piece bathroom. Downstairs offers excellent flexibility with a separate entrance, new egress windows, its own laundry, and another updated 4-piece bathroom making it an excellent candidate for a basement suite (pending city permitting and approval). The major mechanical items have also been addressed over time, including a newer high-efficiency furnace, humidifier, "Culligan" water softener, hot water tank, central A/C, and updated electrical panel. Outside, you’ll find an oversized 21’ x 23’ double garage, two additional parking stalls (21'x20") off the paved back lane, plus an updated deck (12'x14') and fencing. Located in a quieter section of the neighbourhood in a very family-friendly area, the home is conveniently within walking distance to schools, parks, shopping, restaurants, and the Marlborough Park Community Association, with quick access to major routes throughout the city. Overall, a well-maintained home in an often overlooked neighbourhood that offers solid value without the need for immediate work. Call for your viewing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.00 Ft x 10.42 Ft | |
| Bedroom | 12.83 Ft x 7.83 Ft | |
| Recreational, Games room | 26.50 Ft x 30.17 Ft | |
| Furnace | 13.08 Ft x 10.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.00 Ft x 10.42 Ft | |
| Bedroom | 12.92 Ft x 7.83 Ft | |
| Primary Bedroom | 11.58 Ft x 13.25 Ft | |
| Kitchen | 13.17 Ft x 14.08 Ft | |
| Living room | 14.25 Ft x 21.00 Ft | |
| Other | 7.83 Ft x 7.83 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
-1.23%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,237
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 8, 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.