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1517 12 Avenue SW
Beds
5
Baths
3 full + 1 half
Sqft
2,056
Year
1912
Type
Single Family
On market
11d
June 6th open house cancelled - Welcome to 1517 12 Avenue SW, where timeless 1912 character meets modern inner-city living in one of Calgary’s fastest-growing communities—Sunalta. This beautifully updated three-storey home offers over 2,056 square feet of space, featuring five bedrooms, three bathrooms, and the charm of a classic Victorian farmhouse blended with the convenience of today’s lifestyle.From the moment you step inside, the home exudes warmth and authenticity. Original architectural details such as a stained-glass window, wood banister, and clawfoot tub create a sense of heritage, while recent updates including a refreshed kitchen, modernized bathrooms, upgraded lighting, and new plumbing offer peace of mind and everyday comfort. Most windows have been replaced, bringing in abundant natural light throughout the home, and the thoughtful floorplan allows for both family living and entertaining.The main floor features a bright living room, a generous dining space, a charming breakfast nook off the kitchen, and a convenient powder room. Upstairs, you’ll find three spacious bedrooms, a dedicated home office or bonus room just off the primary suite, and two full bathrooms. The outdoor space is a true urban oasis—fully landscaped with high-end artificial turf and a built-in putting green, offering low-maintenance enjoyment year-round.Located just steps from the Bow River pathway system, Kensington, and downtown Calgary, the property is exceptionally well-connected. It’s only 900 metres to the Sunalta LRT, 500 metres to Connaught School, and just over 1 kilometre to both Mount Royal School and Western Canada High School. Whether walking, biking, or commuting, this location offers unbeatable access to the city’s best.Zoned M-CG d111, the 25’ x 130’ lot presents incredible long-term potential for redevelopment. Whether you envision a duplex, multi-residential project, or a charming laneway home, the zoning offers flexibility for future value. Alternatively, this property is currently turn-key and has proven itself as a successful short-term rental recently generating $15,000 for the month around the Calgary Stampede, even attracting commercial media attention and being featured on the Jordan Peterson podcast.Whether you’re looking to plant roots in a vibrant community, invest in a rare inner-city lot, or secure a property with income potential and development upside, 1517 12 Avenue SW is a unique opportunity you won’t want to miss. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 7.25 Ft x 3.42 Ft | |
| Breakfast | 10.00 Ft x 7.67 Ft | |
| Dining room | 12.50 Ft x 12.00 Ft | |
| Kitchen | 10.42 Ft x 11.25 Ft | |
| Living room | 17.67 Ft x 12.83 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.00 Ft x 7.33 Ft | |
| 3pc Bathroom | 9.25 Ft x 6.58 Ft | |
| Bedroom | 10.42 Ft x 12.42 Ft | |
| Bedroom | 10.67 Ft x 11.58 Ft | |
| Den | 6.50 Ft x 11.08 Ft | |
| Primary Bedroom | 11.08 Ft x 12.33 Ft |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.00 Ft x 8.58 Ft | |
| Bedroom | 11.17 Ft x 8.00 Ft | |
| Loft | 12.83 Ft x 8.58 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
-0.96%
Cap rate
4.67%
GRM
13.9
Break-even rent
$4,421
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 6, 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.