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1628 15 Street SE
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Welcome home to this charming and beautifully updated bungalow nestled in the heart of Inglewood, Calgary's oldest and most vibrant inner-city community. This move-in-ready home offers an exceptional opportunity for first-time buyers, professionals, investors, and anyone seeking the perfect blend of character, convenience, and urban lifestyle.Inside, you'll find a bright and inviting layout featuring two spacious bedrooms, a full bathroom, and a recently renovated kitchen designed with modern white cabinetry, updated countertops, stainless steel appliances, and abundant natural light. The open living area feels warm and welcoming, complemented by neutral finishes, updated flooring, and large newer windows that create a comfortable space for everyday living and entertaining.The undeveloped basement provides excellent storage and future development potential, allowing the next owner to customize the space to suit their needs. Outside, mature trees create a private and tranquil setting, while the backyard offers room for gardening, pets, or future outdoor enhancements.Located in the highly sought-after community of Inglewood, residents enjoy one of Calgary's most walkable and lifestyle-focused neighborhoods. Just minutes from downtown, you'll be close to the Bow River pathway system, Inglewood Bird Sanctuary, Bow Habitat Station, Calgary Zoo, boutique shopping, local breweries, award-winning restaurants, cafes, parks, schools, and year-round community events. Inglewood is widely recognized for its unique character, historic charm, vibrant arts scene, and exceptional access to recreation and nature.Whether you're looking for a charming place to call home, a rental property, or an investment in one of Calgary's most desirable inner-city communities, this property delivers outstanding value and future potential. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Furnace | 26.33 Ft x 13.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.50 Ft x 10.08 Ft | |
| Dining room | 8.00 Ft x 10.08 Ft | |
| Other | 3.92 Ft x 9.08 Ft | |
| Kitchen | 11.58 Ft x 10.33 Ft | |
| Laundry room | 4.50 Ft x 5.92 Ft | |
| 4pc Bathroom | 7.17 Ft x 8.33 Ft | |
| Bedroom | 9.00 Ft x 8.50 Ft | |
| Primary Bedroom | 13.17 Ft x 8.42 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
-6.84%
Cap rate
3.50%
GRM
16.7
Break-even rent
$3,875
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 19, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
3.3 km away
5.7 km away
7.9 km away
9.2 km away
Al Madinah Islamic Centre
10.2 km away
Elementary
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
3.0 km away
3.0 km away
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
5.5 km away
Halal grocery
Amir Halal Meats & Grocery
3.0 km away
Shaheen Grocery, Bakery & Halal Meat
8.3 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.