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139 Edgehill Place NW
Welcome to this beautifully renovated bungalow in the highly sought-after community of Edgemont. Situated on a beautifully landscaped lot with mature trees, a front-attached double garage, and an extended driveway, this home offers exceptional versatility for families, multigenerational living, or investors. The bright and updated main floor features a stunning kitchen with quartz countertops, a butcher block island with electrical rough-in for future upgrades, subway tile backsplash, and a full suite of stainless steel appliances, all approximately one year old. The adjoining dining area is highlighted by a cozy gas fireplace, custom built-ins, and direct access to the backyard deck, creating an ideal space for everyday living and entertaining. A private office with French doors provides the perfect work-from-home setup. The main level is completed by four bedrooms, including a spacious primary suite with its own ensuite, a fully renovated main bathroom, convenient in-suite laundry, and thoughtful updates throughout. Step outside to enjoy the private backyard and large deck, perfect for summer BBQs, outdoor dining, or relaxing with family and friends. A standout feature of this property is the fully newly developed legal basement suite with a separate entrance, offering exceptional flexibility and income potential. Thoughtfully designed, the suite features four bedrooms, including a spacious primary bedroom with a walk-in closet and private 3-piece ensuite, an additional full bathroom, a modern kitchen with stainless steel appliances, and separate in-suite laundry. This turnkey legal suite is ideal for extended family, multigenerational living, or generating strong rental income.For investors, this property offers outstanding cash-flow potential, with combined rental income from both upper and lower suites. Whether you're looking for a revenue property, mortgage helper, or a home that accommodates multiple generations, this property delivers exceptional value and flexibility. Ideally located close to top-rated schools, parks, pathways, shopping, transit, and major roadways, this rare Edgemont opportunity combines comfortable family living with excellent long-term investment potential. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | .00 Ft x .00 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 13.75 Ft x 11.58 Ft | |
| Bedroom | 12.50 Ft x 8.25 Ft | |
| Bedroom | 10.33 Ft x 11.58 Ft | |
| Kitchen | 18.92 Ft x 6.25 Ft | |
| Primary Bedroom | 12.75 Ft x 15.00 Ft | |
| Recreational, Games room | 12.50 Ft x 29.08 Ft | |
| Furnace | 10.50 Ft x 6.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 12.58 Ft x 13.00 Ft | |
| Bedroom | 11.00 Ft x 9.50 Ft | |
| Bedroom | 11.00 Ft x 9.42 Ft | |
| Dining room | 12.83 Ft x 13.42 Ft | |
| Kitchen | 14.08 Ft x 17.42 Ft | |
| Living room | 18.25 Ft x 17.67 Ft | |
| Bedroom | 7.75 Ft x 13.42 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
-0.90%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,543
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 17, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
4.3 km away
8.9 km away
13.0 km away
14.5 km away
14.8 km away
Elementary
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
13.0 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
14.9 km away
Halal grocery
Amir Halal Meats & Grocery
14.9 km away
Shaheen Grocery, Bakery & Halal Meat
15.0 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.