We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
Swipe through similar matches — tap the heart to save, or open one for the full read.
2103 Mackay Road NW
Beds
1
Baths
2
Sqft
693
Year
1953
Type
Single Family
On market
37d
This massive 7825 ft2 R-CG corner lot is a fantastic development opportunity in Montgomery! It offers an incredible opportunity to develop 8units. Development Permit has been approved and awaiting Release. The approved DP Plans feature 4No 3bedroom two-storey upper units on the 2nd & 3rd floors each with a cover garage and 4No 2bedroom two-storey lower-level units on the main floor & basement. With this unique design the living area of the lower units are on the main floor with separate entrances. The Seller shall secure the DSSP and the estimated amount for City of Calgary Development Levy indicated in the notification of Decision. The Buyer shall be responsible for all other DP Release conditions and Building Permit. The existing home is a charming 2-bed, 1-bath bungalow with an unfinished basement and is currently tenant occupied. Buyer has the opportunity to continue the lease till when ready for construction. The main floor boasts durable laminate flooring throughout. The kitchen has been updated with white cabinetry and newer appliances, while most windows have been replaced for improved efficiency. The unfinished basement provides excellent additional storage. Notable upgrades include a newer furnace and an Instant Hot Water Tank, ensuring year-round comfort. The property also boasts a large yard and a single attached garage. Located in Montgomery, this property is close to an abundance of parks and amenities. Enjoy outdoor activities at Montgomery Pump Park, the Bow River Pathway System, Edworthy Park, and Shouldice Park. Shopping and dining options are numerous, with Montgomery Main Street, University District, and Market Mall just minutes away. Food lovers will appreciate the proximity to popular spots such as OEB Breakfast, Charcut, Village Ice Cream, UNA Pizza, The Keg, and Notable - these factors work in tandem to make this property a viable investment! This location also enjoys easy access to the University of Calgary, Alberta Children’s Hospital, and Foothills Hospital. Commuting is effortless with quick connections to 16th Ave, Memorial Drive, and Stoney Trail. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 9.42 Ft x 13.58 Ft | |
| Dining room | 9.42 Ft x 14.17 Ft | |
| 3pc Bathroom | 9.42 Ft x 13.25 Ft | |
| Bedroom | 9.25 Ft x 9.42 Ft | |
| 3pc Bathroom | — |
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
-0.83%
Cap rate
4.70%
GRM
13.9
Break-even rent
$6,453
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 9, 2026.
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.