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14 Montrose Crescent NE
Beds
4
Baths
2
Sqft
926
Year
1955
Type
Single Family
On market
12d
Fantastic opportunity to own a well-maintained inner-city bungalow on a quiet street featuring a LEGAL basement suite at an incredible price. Whether you’re looking for a smart investment property, mortgage helper, or multi-generational living, this home offers exceptional flexibility and value.The open-concept main floor has been thoughtfully updated and features a massive island, poured concrete and butcher block countertops, stainless steel appliances, glass tile backsplash, maple cabinetry, pendant and pot lighting, oak hardwood flooring throughout, and an abundance of natural light. The main level offers 2 good-sized bedrooms and a stylish bathroom showcasing a modern vanity, luxurious soaker tub, updated window, and contemporary 12x24 tile flooring and shower surround.Downstairs, the fully legal basement suite offers 2 spacious bedrooms, a full bathroom, kitchen, and comfortable living area—ideal for tenants or extended family. Both the upstairs and downstairs units feature separate laundry for added convenience and privacy.Situated on a large 54-foot frontage lot, the outdoor space offers a fully fenced oversized yard, single garage, additional parking for the suite, and a second stone patio area perfect for entertaining or relaxing outdoors.Located in an excellent inner-city location with parks, schools, groceries, and amenities all within walking distance, along with quick and easy access downtown.A fantastic opportunity in a prime location with strong income potential and extensive updates throughout. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | — | |
| Bedroom | 14.67 Ft x 10.83 Ft | |
| Bedroom | 9.92 Ft x 10.75 Ft | |
| Kitchen | 11.08 Ft x 13.00 Ft | |
| Recreational, Games room | 14.42 Ft x 14.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft | |
| Bedroom | 7.67 Ft x 11.75 Ft | |
| Dining room | 8.83 Ft x 8.00 Ft | |
| Kitchen | 12.92 Ft x 11.75 Ft | |
| Living room | 18.67 Ft x 10.92 Ft | |
| Primary Bedroom | 11.92 Ft x 10.92 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
-0.99%
Cap rate
4.67%
GRM
13.9
Break-even rent
$4,784
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 4, 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.