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Reduced $5,000 (1%) from $585,000
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125 Saddlefield Crescent NE
Beds
4
Baths
3
Sqft
967
Year
2003
Type
Single Family
On market
41d
Why settle for one home when you can have two under one roof? This professionally renovated home features a LEGAL basement suite, giving you the option to live in one unit while renting the other - with potential rental income covering up to 40% of your mortgage.Upstairs, you'll find 2 bedrooms and two baths, including your own ensuite and walk-in closet. The upper level offers a high vaulted ceiling, a corner fireplace, and air conditioning to keep you comfortable all summer long. The lower level has a separate walk-up entrance and bright above grade windows. It offers 2 bedrooms and a full bath, including a good sized main bedroom with extra storage. Each suite has its own laundry. LIST of UPGRADES YOU WILL NOT FIND in similar neighbouring homes include: all new windows and exterior doors; new flooring with luxury vinyl and oversized tiles; solid interior doors with upgraded black hardwares; a kitchen with soft-close cabinetry, a full-height backsplash, quartz counters and rough-in for gas stove; bathrooms with full-height tile tub surrounds, quartz counters, and a bidet toilet; comfort features include a tankless on-demand hot water system, and separate high efficiency furnaces. The roof and siding were replaced in the past couple of years. The full width wraparound concrete walkway, low maintenance landscaping, full width concrete patio and gas connection for BBQ make this a move-in ready property. The backyard, which has a paved back lane, has room for a double garage. It is close to public transportation, schools, and all amenities. Whether you're a first-time buyer looking to offset your costs or an investor searching for a smart opportunity, this home checks all the boxes. Don't wait reach out or call your favourite Realtor for a viewing! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 10.58 Ft x 6.83 Ft | |
| Recreational, Games room | 14.58 Ft x 10.25 Ft | |
| Bedroom | 12.75 Ft x 11.08 Ft | |
| Bedroom | 13.67 Ft x 7.08 Ft | |
| 4pc Bathroom | 5.00 Ft x 7.42 Ft | |
| Furnace | 14.25 Ft x 6.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.92 Ft x 11.67 Ft | |
| Kitchen | 10.75 Ft x 7.42 Ft | |
| Other | 12.08 Ft x 11.50 Ft | |
| Foyer | 7.17 Ft x 6.33 Ft | |
| Primary Bedroom | 13.17 Ft x 13.67 Ft | |
| Bedroom | 8.92 Ft x 10.25 Ft | |
| 4pc Bathroom | 7.58 Ft x 4.92 Ft | |
| 4pc Bathroom | 8.67 Ft x 4.92 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
-1.25%
Cap rate
4.61%
GRM
13.9
Break-even rent
$3,602
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 9, 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.