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156 Rivercroft Close SE
Beds
4
Baths
2
Sqft
1,103
Year
1989
Type
Single Family
On market
5d
Welcome to 156 Rivercroft Close SE, a well maintained home tucked away on a quiet street in the heart of Riverbend. Offering exceptional value, numerous recent upgrades, and a fantastic location, this property is perfect for families, right-sizers, or anyone looking for a move-in-ready home in an established community.Inside, you'll find a bright and inviting layout highlighted by vaulted ceilings and large windows that fill the home with natural light. The spacious living and dining areas create an ideal setting for everyday living and entertaining, while the functional kitchen offers plenty of workspace and storage. The main level features two generously bedrooms, including a primary bedroom large enough to accommodate a king-sized bedroom set.A standout feature of this property is the fully developed basement, which offers an illegal 2-bedroom suite complete with its own separate entrance, kitchen, living area, full bathroom, and private laundry facilities. Whether you're looking for space for extended family, or additional flexibility, this lower-level suite provides exceptional versatility.Major updates provide peace of mind for years to come, including a new furnace and hot water tank in 2021, a new garage door opener in 2022, and new roof shingles, siding, and eavestroughs completed in 2023. Exterior roll shutters offer added security, privacy, and energy efficiency.Step outside to enjoy the backyard with mature lilac trees that provide colour, fragrance, and privacy throughout the spring and summer months. The property also features RV parking, rear lane access, and an attached double garage. The large deck creates a wonderful space for outdoor dining, entertaining, or simply relaxing in your private backyard retreat and provides additional storage underneath for lawn tools, bikes and seasonal items.Riverbend remains one of Calgary's most desirable southeast communities thanks to its mature trees, extensive pathway system, and outstanding access to outdoor recreation. Residents enjoy nearby Carburn Park, the Bow River pathway network, Sue Higgins Park, playgrounds, schools, shopping, restaurants, and convenient access to major roadways for an easy commute throughout the city.If you're looking for a well-cared-for home with significant upgrades, RV parking, and a prime location in an established neighbourhood, 156 Rivercroft Close SE is a must-see. Call your REALTOR® today. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 19.08 Ft x 18.92 Ft | |
| Eat in kitchen | 17.75 Ft x 11.42 Ft | |
| Bedroom | 10.50 Ft x 12.00 Ft | |
| Bedroom | 10.33 Ft x 13.83 Ft | |
| Furnace | 7.08 Ft x 5.08 Ft | |
| 4pc Bathroom | 7.17 Ft x 7.00 Ft | |
| Storage | 6.42 Ft x 12.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 11.75 Ft x 10.75 Ft | |
| Eat in kitchen | 6.25 Ft x 13.25 Ft | |
| Primary Bedroom | 14.42 Ft x 13.25 Ft | |
| Bedroom | 11.08 Ft x 9.83 Ft | |
| 4pc Bathroom | 7.75 Ft x 9.42 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
-1.24%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,601
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.
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.