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200 Corner Meadows Way NE
Beds
5
Baths
4 full + 1 half
Sqft
1,580
Year
2022
Type
Single Family
On market
5d
Located in the thriving and highly sought-after community of Cornerstone NE, this exceptional home offers the perfect combination of modern design, spacious living, and incredible investment potential. Thoughtfully built with comfort and functionality in mind, this beautifully maintained property features a total of 5 spacious bedrooms, including a newly constructed 2-bedroom legal basement suite completed in 2025. Whether you are a growing family searching for your forever home or an investor looking for a property with excellent rental income potential, this residence checks every box. As you step inside, you are welcomed by a bright and inviting open-concept layout filled with natural light and elegant finishes throughout. The spacious living area creates the perfect setting for relaxing evenings with family or entertaining guests. The modern kitchen is designed to impress, offering stylish cabinetry, ample counter space, quality appliances, and a seamless connection to the dining and living spaces, making everyday living both comfortable and convenient. Large windows throughout the home allow sunlight to pour in, enhancing the warm and airy atmosphere. The upper level features 3 generously sized bedrooms, including a spacious primary bedroom retreat designed for comfort and privacy. With 2.5 beautifully appointed bathrooms, this home provides functionality for large families while maintaining a clean and modern feel. Every corner of the home has been thoughtfully designed to maximize space, comfort, and practicality for today’s lifestyle. One of the standout features of this property is the fully legal 2-bedroom basement suite with its own private side entrance. Built in 2025 with modern construction and contemporary finishes, the legal suite provides an outstanding opportunity for additional rental income, mortgage support, or comfortable multi-generational living. The separate entrance ensures privacy and convenience for both levels of the home. In addition to the side entrance, the property also offers front and back entrances, adding flexibility and ease of access for homeowners and guests alike. The location is truly unbeatable. Situated within walking distance to schools, parks, playgrounds, restaurants, coffee shops, gyms, gas stations, shopping, and everyday amenities, this home delivers the perfect balance of convenience and community living. Families will appreciate the nearby green spaces and pathways, while busy professionals will enjoy quick access to major roadways and public transportation for an easy commute across Calgary. Cornerstone is one of Calgary NE’s fastest-growing communities, known for its modern infrastructure, family-friendly environment, and strong future growth potential. This is more than just a home — it is a lifestyle opportunity in one of Calgary’s most desirable northeast neighborhoods. From the spacious interior and income-generating legal suite to the unbeatable location close to all essential amenities. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.50 Ft x 4.58 Ft | |
| Bedroom | 10.92 Ft x 8.00 Ft | |
| Bedroom | 11.50 Ft x 6.33 Ft | |
| Kitchen | 10.42 Ft x 9.42 Ft | |
| Recreational, Games room | 14.17 Ft x 11.50 Ft | |
| Furnace | 6.58 Ft x 14.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.17 Ft x 5.50 Ft | |
| Dining room | 13.33 Ft x 15.67 Ft | |
| Kitchen | 13.00 Ft x 9.92 Ft | |
| Living room | 18.17 Ft x 11.50 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.83 Ft x 4.92 Ft | |
| 4pc Bathroom | 10.42 Ft x 5.33 Ft | |
| Bedroom | 14.42 Ft x 10.67 Ft | |
| Bedroom | 8.92 Ft x 10.25 Ft | |
| Primary Bedroom | 19.08 Ft x 10.92 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
-1.12%
Cap rate
4.64%
GRM
13.8
Break-even rent
$3,511
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 4, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
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9.5 km
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