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Reduced $49,001 (3%) from $1,749,000
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201 12 Street NE
Beds
5
Baths
5 full + 1 half
Sqft
2,521
Year
2014
Type
Single Family
On market
71d
Welcome to this exceptional, one-of-a-kind custom residence in Bridgeland, one of Calgary’s most sought-after inner-city communities. This remarkable property immediately stands out with its LEGAL 832SQFT EXECUTIVE SUITE ABOVE THE OVERSIZED TRIPLE CAR GARAGE & an impressive 4200SFT+ OF TOTAL LIVING SPACE, offering unmatched luxury & income potential. Complemented by 9ft ceilings & hand-scraped hickory floors, you will be blown away by the elegance of the main floor with its grand living room with stone-facing fireplace accented by built-in cabinets, open concept formal dining room with built-in hutch & showpiece chef’s kitchen with granite counters, island with cast iron farmhouse sink, butler’s pantry & the stainless steel appliances include an Electrolux fridge/freezer (36” each) & double convection ovens, 36” gas cooktop & wine fridge…ALL FROM JENN-AIR. The hickory floors continue up to the 2nd floor & into the 3 big bedrooms; the private West-facing owners’ retreat has a large walk-in closet & luxurious ensuite with free-standing soaker tub & marble-topped double vanities, glass shower & HEATED FLOORS. Completing this level is the family bath with double sinks & laundry room with chute & LG washer/dryer. A 4th bedroom & full bath are in the beautifully finished lower level, along with a home gym with cork floors, another set of laundry hook-ups & rec room with fireplace & 5.1 surround sound, built-in cabinets & wet bar with 150+ bottle capacity wine room with solid maple racks. Main floor also has a fantastic home office & mudroom with built-in lockers & walk-in closet. Fully fenced & landscaped West backyard with covered deck with fireplace & gas BBQ line, hot tub with pergola & access into the detached 3 car garage…equipped with workbench & built-in cabinets, 220V & roughed-in for electric heater). And the piece-de-resistance is the SELF-CONTAINED & AIR CONDITIONED 832SQFT 1 BEDROOM LEGAL GARAGE SUITE – with its own separate furnace & hot water tank, onsite ha rdwood floors & quartz counters, living room with fireplace & balcony, maple kitchen with stainless steel appliances (including a new GE dishwasher in 2024) & full bath with adjoining laundry. Additional features of this truly incredible home include HUNTER DOUGLAS blinds & built-in speakers (interior & exterior), new Rinnai tankless water heater (2025), irrigation, 2 vacuflo systems (main house & garage/suite), closet organizers & solid core doors, 6” baseboards, Kohler toilets, triple-pane LUX windows, 9ft ceilings throughout & upgraded insulation. As one of Northwest Calgary’s most desirable & walkable inner-city neighbourhoods, Bridgeland is home to popular parks & schools, trendy restaurants & cafes, boutiques & just minutes to St. Patrick’s Island & the zoo, LRT, the Bow River & downtown. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | — | |
| Recreational, Games room | 23.00 Ft x 23.17 Ft | |
| Exercise room | 8.33 Ft x 12.67 Ft | |
| Bedroom | 12.67 Ft x 17.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | — | |
| Living room | 15.75 Ft x 15.92 Ft | |
| Dining room | 10.67 Ft x 14.25 Ft | |
| Kitchen | 14.25 Ft x 15.00 Ft | |
| Den | 12.08 Ft x 14.00 Ft | |
| Other | 5.25 Ft x 8.42 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 5pc Bathroom | — | |
| 6pc Bathroom | — | |
| Primary Bedroom | 14.00 Ft x 16.83 Ft | |
| Bedroom | 14.00 Ft x 18.00 Ft | |
| Bedroom | 11.58 Ft x 11.83 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Living room | 10.58 Ft x 13.50 Ft | |
| Kitchen | 10.08 Ft x 13.50 Ft | |
| Laundry room | — | |
| Bedroom | 11.67 Ft x 11.83 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
-0.65%
Cap rate
4.73%
GRM
13.9
Break-even rent
$10,395
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 2, 2026.
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Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.