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178 Mitchell Road NW
Beds
4
Baths
4
Sqft
1,815
Year
2024
Type
Single Family
On market
158d
**SHOW HOME ALERT!**LEASEBACK**VERIFIED Jayman BUILT Show Home!**Great & rare real estate investment opportunity**Start earning money right away**Jayman BUILT will pay you a monthly return (annual) to use this home as their full time show home * 14 SOLAR PANELS * MAIN FLOOR FLEX ROOM * Exquisite & beautiful, you will immediately be impressed by Jayman BUILT's highly sought-after "COOPER" home located in the up & coming community of Glacier Ridge. A lovely neighbourhood with parks, playgrounds & great new amenities welcomes you into over 2500+ sq ft of developed living space featuring stunning craftsmanship and thoughtful design. Offering a unique open floor plan boasting a stunning GOURMET kitchen with a beautiful centre island with a flush eating bar & sleek stainless steel KitchenAid appliances, including a Counter Depth French Door w/ Internal Water/Ice, 30" Built in Wall Oven/MW Combo, 36” gas cooktop and a Broan power pack built-in cabinet hoodfan. Black Pearl GRANITE countertops through out, soft close slab cabinets, and a coal black sil granite Blanco undermount sink compliment the space. Enjoy the generous dining area adjacent to the spacious kitchen, overlooking the lower rear Great Room with an 11-foot ceiling and a beautiful bank of over sized windows with a beautiful feature fireplace. To complete the main level, you have a designated flex space perfect for an office or den or a FOURTH BEDROOM as it has a closet and is situated nicely adjacent to the FULL BATH with over sized shower. You will discover the 2nd level boasts 3 sizeable bedrooms, with the Primary Bedroom including a gorgeous 3 pc private en suite with an oversized walk-in shower and generous walk-in closet along with 2nd-floor laundry for convenience, full bath and loft area adding additional living space for you and your family to enjoy. The FULLY FINISHED WALK OUT basement adds 810 sqft more living space with a spacious and modern GYM along with a fantastic THEATRE featuring raised sittin g areas with a WET BAR upon entry to the Theatre and FULL BATH for your guests to enjoy. As well, you have space to build a double detached garage at your leisure. In addition your Jayman home offers Core Performance with 14 SOLAR PANELS, triple pane R-8 windows & dual argon gas filled with casement, Daikin FIT electric air source heat pump with natural gas back up, ultraviolet air purification system & Merv 13 filter, tankless hot water heater and Smart Home Technology Solutions. Hybrid Benefits include: $1,500 in annual energy savings, 4.2 metric tonnes of greenhouse gases saved per year, 60% more energy efficient than minimum code in Alberta requires. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Exercise room | 12.25 Ft x 14.08 Ft | |
| Media | 10.33 Ft x 18.33 Ft | |
| 4pc Bathroom | 5.25 Ft x 10.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 12.25 Ft x 14.75 Ft | |
| Dining room | 8.50 Ft x 11.17 Ft | |
| Kitchen | 12.17 Ft x 8.75 Ft | |
| Foyer | 6.00 Ft x 7.67 Ft | |
| Other | 4.17 Ft x 6.17 Ft | |
| 3pc Bathroom | 5.42 Ft x 8.58 Ft | |
| Bedroom | 8.92 Ft x 11.00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 13.33 Ft x 12.58 Ft | |
| 3pc Bathroom | 6.67 Ft x 10.75 Ft | |
| Bedroom | 10.92 Ft x 9.08 Ft | |
| Bedroom | 9.42 Ft x 10.92 Ft | |
| Laundry room | 4.50 Ft x 6.42 Ft | |
| 4pc Bathroom | 5.25 Ft x 10.92 Ft | |
| Other | 6.67 Ft x 5.67 Ft | |
| Loft | 8.33 Ft x 9.17 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
-6.65%
Cap rate
3.53%
GRM
16.7
Break-even rent
$5,087
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 Jun 5, 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.