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171 Deerfield Drive SE
Beds
3
Baths
2
Sqft
778
Year
1989
Type
Single Family
On market
39d
*** LOCATION, LOCATION, LOCATION *** Backing greenspace with Deer Run Elementary School around the corner*** 3 bedroom + 2 full-bath half-duplex with 1250 sq ft of developed living space with sunny south exposure backing directly onto mature treed greenspace with walking trails to Fish Creek Park. Views of the greenspace from the spacious dining room, primary bedroom, and back deck. ***BRAND NEW RENOVATION including new luxury vinyl plank flooring, modern light fixtures, decora switch plates, plumbing fixtures, doorknobs, baseboard, casings, and fresh paint including sprayed interior doors. ***NEW WINDOWS installed in 2022. Kitchen updated with painted wood cabinets, subway tiled back-splash, quartz counters and stainless-steel appliances including new microwave hood-fan and dishwasher. Two generous-sized bedrooms off the kitchen, both have new LVP floors and share a full bathroom with new toilet. The main level living room features vaulted ceilings and a large south facing window for lots of natural light. The lower level is fully finished and features a sizeable family room with charming gas fireplace, third bedroom and second full bathroom. A crawlspace for ample storage and separate laundry room completes the lower level. Other features include a private fenced yard that is perfect for gardeners or furry friends with 2 off-leash parks nearby. As well, an assigned off street parking stall with plenty of additional street parking right out front! This is an excellent property for first time buyers or those downsizing with the ability to "lock and leave". Check out the floor plan in the photos! ***AMAZING QUIET LOCATION in the heart of Deer Ridge community away from major thoroughfares, close to schools, Fish Creek Park, shopping and public transportation. Super clean and shows 10/10..!!! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 13.75 Ft x 17.08 Ft | |
| 4pc Bathroom | 5.17 Ft x 8.33 Ft | |
| Bedroom | 8.00 Ft x 9.83 Ft | |
| Laundry room | 5.17 Ft x 11.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 11.00 Ft x 13.25 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 8.00 Ft x 10.17 Ft | |
| Dining room | 7.67 Ft x 10.75 Ft | |
| Primary Bedroom | 9.25 Ft x 12.00 Ft | |
| Bedroom | 9.42 Ft x 10.58 Ft | |
| 4pc Bathroom | 4.92 Ft x 7.50 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
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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
1.11%
Cap rate
5.09%
GRM
12.8
Break-even rent
$2,328
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.
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 May 28, 2026.
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Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.