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136 24 Avenue NW
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Beds
3
Baths
3
Sqft
1,112
Year
1994
Type
Single Family
On market
24d
Exceptional opportunity in a highly sought-after inner-city location, just minutes to downtown Calgary and within walking distance to trendy shops, restaurants, cafés, transit, parks, schools, and countless everyday amenities. This unique renovated raised bungalow half duplex combines exceptional functionality, quality craftsmanship, and timeless character, originally built by the Petrin Brothers. The bright and spacious main floor is highlighted by vaulted ceilings, rich hardwood flooring, large windows, and an open-concept design that creates an inviting atmosphere throughout. The beautifully updated kitchen is designed for both everyday living and entertaining, featuring quartz countertops, stainless steel appliances, a dual-door oven, and a large peninsula island. The adjoining dining area and living room beyond offer excellent flow and are accented by a gas fireplace and a large bay window. The main level features two spacious bedrooms and two full bathrooms, including an impressive primary retreat complete with a walk-in closet, a private balcony overlooking the yard, and a luxurious ensuite featuring heated floors. The fully developed walkout basement provides outstanding additional living space with large windows and a separate entrance, creating endless possibilities for extended family, guests, a home office, or recreation space. This level features a huge family room with a custom wet bar, an additional bedroom, a full bathroom, storage areas, and direct access to the private courtyard-style outdoor living space. Outside, the property features a low-maintenance exterior with stucco and brick detailing, a private, secluded yard, and a single detached garage. Rarely do properties like this become available, a quality-built inner-city bungalow with a fully finished walkout basement, exceptional versatility, and an unbeatable location offering quick access to downtown and all major amenities. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 18.00 Ft x 15.33 Ft | |
| Bedroom | 10.00 Ft x 12.50 Ft | |
| Other | 10.50 Ft x 10.67 Ft | |
| 4pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 10.50 Ft x 11.00 Ft | |
| Dining room | 9.00 Ft x 13.50 Ft | |
| Living room | 13.00 Ft x 13.50 Ft | |
| Primary Bedroom | 11.50 Ft x 14.17 Ft | |
| Bedroom | 10.50 Ft x 11.00 Ft | |
| 4pc Bathroom | — | |
| 4pc Bathroom | — |
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
-6.76%
Cap rate
3.51%
GRM
16.7
Break-even rent
$4,269
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 May 22, 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.