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2124B 52 Avenue SW
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Welcome to this beautifully maintained and extensively updated duplex in the highly sought-after community of North Glenmore Park. Offering 4 bedrooms, 2 full bathrooms, and an illegal basement suite with a separate walk-up entrance, this property presents an exceptional opportunity for homeowners, investors, or those seeking mortgage-helping income potential.Pride of ownership is evident throughout, with substantial upgrades completed over the years. The exterior has been thoughtfully improved with a new 48" x 117' concrete sidewalk, updated front deck railings and privacy wall, fresh front exterior paint and trim, new screen door, updated exterior lighting, upgraded fencing and gates, and most windows replaced. The detached garage has also seen significant improvements, including a new roof, siding, eavestroughs with leaf guards, automatic garage door, man door, shelving, and updated firewall.The home offers excellent long-term value with major mechanical updates including the furnace, central air conditioning, hot water tank, electrical panel, and a built-in security system. The roof has been professionally inspected and confirmed to be in good condition, and regular maintenance has been completed over the years, including upkeep of exterior roof vents and sealing where required.Inside, the upper level has been extensively renovated with updated flooring, fresh paint, newer carpet throughout the living room, hallways, and bedrooms, modern light fixtures, renovated bathroom vanity, countertop, faucet and shower, updated kitchen countertops, backsplash, sink, faucet, stove, dishwasher, and laundry appliances.The lower level offers additional living space and income potential with a fully developed illegal suite featuring a newer dishwasher, laundry unit, kitchen faucet, and updated bedroom ceiling.Outside, the yard has been enhanced with landscaping improvements including removal of old fencing, grading and leveling of the front and rear yards, new grass, a pa tio area, and professionally maintained mature trees. The private backyard, deck, and detached garage create an ideal setting for relaxing, entertaining, and enjoying the outdoors.Located on a quiet street in one of Calgary's most desirable inner-city communities, this home is close to schools, parks, pathways, shopping, transit, Mount Royal University, and all the amenities North Glenmore Park has to offer.A rare opportunity to own a move-in-ready property with extensive updates, income potential, and exceptional pride of ownership throughout. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 18.67 Ft x 12.75 Ft | |
| Kitchen | 10.50 Ft x 6.25 Ft | |
| 4pc Bathroom | 9.67 Ft x 6.75 Ft | |
| Bedroom | 12.75 Ft x 10.17 Ft | |
| Bedroom | 14.08 Ft x 8.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 8.08 Ft x 7.92 Ft | |
| Dining room | 8.17 Ft x 10.92 Ft | |
| Kitchen | 7.92 Ft x 9.92 Ft | |
| Living room | 19.25 Ft x 13.25 Ft | |
| Other | 4.00 Ft x 19.83 Ft | |
| 3pc Bathroom | 9.67 Ft x 7.42 Ft | |
| Bedroom | 15.58 Ft x 7.92 Ft | |
| Primary Bedroom | 14.17 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
-6.84%
Cap rate
3.50%
GRM
16.7
Break-even rent
$3,844
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.
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Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 20, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
4.8 km away
10.3 km away
12.2 km away
14.6 km away
Elementary
9.6 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
9.8 km away
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
12.1 km away
Halal grocery
Amir Halal Meats & Grocery
9.9 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.