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139 Harvest Glen Rise NE
HARVEST HILLS | 1,282 SQ FT | 5 BED + den | 3 BATH | LEGAL SUITE | DOUBLE GARAGE | WALKOUTWelcome to this beautifully upgraded home in the sought-after lake community of Harvest Hills — where thoughtful design, legal income potential, and everyday comfort come together seamlessly.The HomeOffering 5 spacious bedrooms + Den and 3 full bathrooms across a well-planned layout, this property delivers exceptional versatility for growing families or savvy investors alike. The main floor showcases tasteful modern upgrades throughout, creating a bright and stylish living environment you'll be proud to call home.Entertainer's Dream Outdoor Space.Step out onto the massive deck — perfect for summer gatherings — with a balcony complete with stairs flowing down to the lower level. The full walkout-to-grade design creates an effortless indoor-outdoor connection, while the back lane access adds convenience and RV parking potential.Legal Basement Suite — Mortgage HelperThe fully legal basement suite features its own kitchen, laundry, and private entrance, making it a turnkey mortgage helper or investment opportunity. Rental income potential from day one — no worries, no shortcuts, just a fully above-board setup.Additional Features:- Attached double garage- Central A/C for year-round comfort- Two full kitchens- Two laundry sets and Poly B free property.- Back lane with RV parking potential- Tranquil lake community settingThis is a rare opportunity to own a move-in ready home with built-in income potential in one of Calgary's most desirable family communities. Don't miss it. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 4.92 Ft x 11.67 Ft | |
| Bedroom | 9.00 Ft x 10.50 Ft | |
| Bedroom | 12.83 Ft x 15.17 Ft | |
| Recreational, Games room | 13.83 Ft x 13.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.50 Ft x 4.92 Ft | |
| 3pc Bathroom | 5.00 Ft x 9.17 Ft | |
| Primary Bedroom | 13.67 Ft x 12.58 Ft | |
| Bedroom | 9.50 Ft x 12.33 Ft | |
| Bedroom | 8.33 Ft x 12.42 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
-1.18%
Cap rate
4.63%
GRM
13.9
Break-even rent
$4,087
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.
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 11, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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