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215 Del Ray Road NE
Beds
5
Baths
3
Sqft
1,248
Year
1993
Type
Single Family
On market
14d
*Open house Cancelled* Look no further — THIS is the home you’ve been waiting for. With over 2300 sqft of living space , A FULLY RENOVATED BI-LEVEL where the work has already been done for you. Anything you may be wondering about updating… it’s already been completed. Whether you’re a growing family looking for a TURN-KEY HOME with a large yard, buying for parents or extended family, or an investor wanting a property with built-in income potential and equity growth, this home checks every box. Featuring a LEGAL 2 BEDROOM BASEMENT SUITE with a SEPARATE ENTRANCE and SEPARATE LAUNDRY, the opportunities here are endless.Renovated with care and attention to detail throughout, major 2024 upgrades include NEW KITCHENS, NEW BATHROOMS, NEW VINYL FLOORING, NEW APPLIANCES WITH WARRANTY, NEW POT LIGHTS, NEW PAINT, NEW ELECTRICAL PANEL, TWO NEW FURNACES, NEW HVAC, NEW HOT WATER TANK, COMPLETE REMOVAL OF ALL POLY-B PIPING, and NEW ATTIC INSULATION.The exterior has also been extensively improved with NEW SIDING, NEW BASEMENT WINDOWS, UPDATED WINDOWS THROUGHOUT THE HOME, NEW COMPOSITE DECK WITH METAL RAILING, NEW CONCRETE WALKWAYS, NEW FRONT ENTRY DOOR, NEW PATIO DOORS, and a NEW SEPARATE BASEMENT ENTRY.The DOUBLE GARAGE was fully upgraded with NEW ELECTRICAL, NEW INSULATION & DRYWALL, NEW GARAGE DOOR, SMART GARAGE OPENER, and GAS HEATER ROUGH-IN.Located in the well-established community of MONTEREY PARK, this home offers exceptional convenience with quick access to STONEY TRAIL, 16TH AVENUE, schools, parks, shopping, transit, and everyday amenities. A family-friendly neighborhood with everything nearby while still offering a quiet residential feel.A rare move-in ready property offering modern upgrades, flexibility, and long-term value in one complete package. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Furnace | 6.67 Ft x 10.17 Ft | |
| Other | 9.67 Ft x 10.58 Ft | |
| Laundry room | 4.83 Ft x 10.50 Ft | |
| 4pc Bathroom | 5.00 Ft x 10.50 Ft | |
| Bedroom | 10.75 Ft x 12.58 Ft | |
| Living room | 14.58 Ft x 18.75 Ft | |
| Other | 3.50 Ft x 2.58 Ft | |
| Den | 8.42 Ft x 10.25 Ft | |
| Bedroom | 11.25 Ft x 10.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 11.75 Ft x 19.25 Ft | |
| Dining room | 5.92 Ft x 11.83 Ft | |
| Living room | 11.92 Ft x 13.67 Ft | |
| Bedroom | 11.17 Ft x 9.92 Ft | |
| 3pc Bathroom | 4.92 Ft x 7.33 Ft | |
| Bedroom | 8.92 Ft x 10.00 Ft | |
| Primary Bedroom | 12.17 Ft x 14.00 Ft | |
| 4pc Bathroom | 7.92 Ft x 7.83 Ft | |
| Other | 5.25 Ft x 5.08 Ft | |
| Other | 3.67 Ft x 3.92 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
-1.13%
Cap rate
4.64%
GRM
13.9
Break-even rent
$4,390
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 May 27, 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.