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172 Castlebrook Road NE
Beds
5
Baths
3 full + 1 half
Sqft
1,342
Year
1986
Type
Single Family
On market
10d
Welcome to this fully renovated home in the highly desirable community of Castle Ridge, offering over 1,884+ sq. ft. of total living space on an exceptional 45 ft wide lot (4,000+ sq. ft.) — perfect for first-time buyers and savvy investors alike. 5 BED 2.5 BATH, attached garage. This well-maintained property features 5 bedrooms and 2.5 bathrooms, including a fully developed basement with a separate side entrance, offering 2 bedrooms, 1 bathroom, and a kitchen space — ideal for extended family, is 2 bed illegal basement suite.The main floor welcomes you with a bright and spacious layout, showcasing a large living room, generous dining area, and a fully updated modern kitchen. Renovations throughout the home include new flooring, new countertops, upgraded appliances, modern fixtures, and LED lighting, while the upper level features new carpet and 3 well-sized bedrooms, including a primary bedroom with double closets, along with a full 4-piece bathroom. A convenient main floor bathroom adds extra functionality. The driveway is new concrete making it ideal for guest parking. Outside, enjoy a fully fenced backyard with back alley access, offering future development potential or additional parking options. The large wraparound deck is perfect for entertaining and relaxing. The home also includes a single attached garage and a large driveway accommodating up to 3 additional vehicles, for a total of 4 parking spaces.Location is unbeatable — just minutes from Westwinds plazas, shopping plazas, Superstore, schools, and transit. A high school is within walking distance, and elementary schools are just a short drive away. Situated in a high-demand rental area in NE Calgary, this property offers excellent long-term value and affordability.Whether you're a first-time homebuyer looking for a move-in-ready home or an investor seeking strong potential, this property checks all the boxes. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.17 Ft x 11.83 Ft | |
| 4pc Bathroom | 7.67 Ft x 5.92 Ft | |
| Bedroom | 11.08 Ft x 12.25 Ft | |
| Kitchen | 10.25 Ft x 11.83 Ft | |
| Furnace | 4.00 Ft x 6.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 16.50 Ft x 12.83 Ft | |
| Kitchen | 12.83 Ft x 11.00 Ft | |
| Den | 11.50 Ft x 8.08 Ft | |
| 2pc Bathroom | 5.75 Ft x 7.08 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 18.33 Ft x 12.83 Ft | |
| 4pc Bathroom | 9.25 Ft x 7.17 Ft | |
| Bedroom | 8.75 Ft x 10.50 Ft | |
| Bedroom | 9.42 Ft x 8.00 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
2.09%
Cap rate
5.28%
GRM
12.6
Break-even rent
$3,117
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 8, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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