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Reduced $15,900 (2%) from $644,900
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125 Edith Gate NW
Beds
4
Baths
4 full + 1 half
Sqft
1,614
Year
2022
Type
Single Family
On market
68d
Openhouse Sat. June 13 1-4 p.m. Why choose between your dream family home and a smart investment when you can have both? Welcome to this beautifully designed, recently built semi-detached home in the thriving community of Glacier Ridge, featuring a fully finished LEGAL basement suite that helps offset your mortgage while providing exceptional flexibility for years to come. Situated on a premium corner lot, this bright and spacious home offers over 2,200 sq. ft. of finished living space designed to support a growing family's lifestyle. Freshly painted throughout and filled with natural light, the home combines contemporary style, functional design, and long-term value in one outstanding package. The main floor is thoughtfully designed for modern family living, featuring soaring 9-ft ceilings and an open-concept layout that keeps everyone connected. Whether you're preparing meals, helping with homework, or hosting family and friends, the chef-inspired kitchen serves as the heart of the home with stainless steel appliances, a large central island, elegant cabinetry, mosaic tile backsplash, built-in microwave, chimney hood fan, and a spacious walk-in pantry. Upstairs, parents can retreat to a private primary suite complete with a walk-in closet and spa-inspired ensuite featuring a double vanity and oversized glass shower. Two additional bedrooms provide plenty of room for children, guests, or a home office, while the versatile bonus room creates the perfect space for movie nights, a playroom, study area, or family lounge. Convenient upper-level laundry adds everyday practicality. What truly sets this home apart is the professionally finished LEGAL basement suite. Complete with its own private entrance, kitchen, bedroom, full bathroom, laundry, and comfortable living area, it offers an incredible opportunity to generate rental income, support multi-generational living, accommodate extended family, or provide a private space for long-term guests. The additional income can help reduce monthly mortgage costs and accelerate your family's financial goals. Located in one of Calgary's fastest-growing communities, Glacier Ridge offers families access to the recently opened multi-use community hub "The Village" parks, walking paths, playgrounds, future schools, and convenient amenities, making it an ideal place to put down roots and build a future. Whether you're a growing family looking for more space, a first-time buyer seeking mortgage support, or an investor searching for a turnkey income-producing property, this home delivers the perfect combination of comfort, flexibility, and financial opportunity. Modern. Spacious. Income-Generating. Family-Focused. Book your private showing today and discover how this home can help your family live better while building wealth. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.42 Ft x 12.42 Ft | |
| Other | 6.50 Ft x 5.00 Ft | |
| 4pc Bathroom | 8.17 Ft x 5.00 Ft | |
| Family room | 9.92 Ft x 14.42 Ft | |
| Laundry room | 3.42 Ft x 5.00 Ft | |
| Other | 8.42 Ft x 14.42 Ft | |
| Hall | 17.92 Ft x 6.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Hall | 6.33 Ft x 3.42 Ft | |
| Kitchen | 13.00 Ft x 12.75 Ft | |
| 2pc Bathroom | 5.00 Ft x 5.83 Ft | |
| Pantry | 4.00 Ft x 5.83 Ft | |
| Dining room | 7.00 Ft x 12.67 Ft | |
| Other | 3.75 Ft x 3.92 Ft | |
| Living room | 19.50 Ft x 15.00 Ft | |
| Foyer | 9.08 Ft x 4.50 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.17 Ft x 9.17 Ft | |
| Bedroom | 12.58 Ft x 9.33 Ft | |
| 4pc Bathroom | 5.08 Ft x 7.33 Ft | |
| Hall | 4.67 Ft x 9.17 Ft | |
| Bonus Room | 11.17 Ft x 15.00 Ft | |
| 3pc Bathroom | 5.58 Ft x 7.33 Ft | |
| Primary Bedroom | 11.75 Ft x 11.25 Ft | |
| Other | 4.83 Ft x 7.33 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
-1.12%
Cap rate
4.64%
GRM
13.9
Break-even rent
$3,899
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 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.