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217 Woodvale Bay SW
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Quietly tucked away on a cul-de-sac and set on a pie-shaped lot, 217 Woodvale Bay SW offers the privacy, outdoor space, and everyday convenience that have made Woodlands one of Calgary's most enduring communities. Just minutes from Fish Creek Park, Stoney Trail, schools, shopping, and countless walking paths, this is a home where the location is every bit as impressive as the property itself. Beautifully renovated, the home has been updated while preserving a warm, inviting feel throughout. Rich hardwood flooring, updated lighting, and timeless finishes create an interior that feels bright and comfortable. The renovated kitchen anchors the main floor with quartz countertops, stainless steel appliances, extensive cabinetry, and a breakfast nook overlooking the backyard. The adjoining living and dining spaces are open, welcoming, and equally suited to daily living or entertaining. The main floor layout offers exceptional flexibility. The spacious primary bedroom was thoughtfully expanded for added comfort, while the secondary bedroom enjoys direct access to the beautifully renovated bathroom. Main floor laundry adds another layer of convenience rarely found in homes of this vintage. Downstairs, the separate side entrance opens the door to possibility. Currently configured as a fully developed illegal suite complete with its own kitchen, living area, bedroom, bathroom, and separate laundry, the lower level offers an excellent opportunity for multi-generational living, guests, or rental income. For buyers who simply want additional living space, the layout also lends itself naturally to being incorporated back into a single-family home. Outside is where this property truly separates itself. The pie-shaped backyard offers a level of space and privacy rarely found in attached homes. Beautifully landscaped with mature trees, raised garden beds, a greenhouse, and a large deck, it has been designed to be both functional and easy to enjoy. Whether you're gardening, entertaini ng, or simply relaxing outdoors, this backyard feels like an extension of the home, not an afterthought. With mature landscaping providing exceptional privacy and room to grow, it's a space equally suited to quiet mornings with a coffee, summer evenings with friends, or simply unwinding at the end of the day. Completing the property is a detached double garage, rear parking pad, vinyl windows, a high-efficiency furnace, and tankless hot water, providing peace of mind alongside the cosmetic updates. Offering an exceptional location, remarkable flexibility, and extensive renovations inside and out, this is a home that adapts effortlessly to a wide range of buyers. Whether you're searching for additional income potential, space for extended family, or simply a beautifully updated bungalow in one of Calgary's most established neighbourhoods, 217 Woodvale Bay SW is a home designed to grow with you. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 13.67 Ft x 14.50 Ft | |
| Recreational, Games room | 11.58 Ft x 25.67 Ft | |
| Laundry room | 10.08 Ft x 9.33 Ft | |
| 3pc Bathroom | 6.17 Ft x 7.58 Ft | |
| Furnace | 10.00 Ft x 9.42 Ft | |
| Kitchen | 9.83 Ft x 14.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 14.92 Ft x 22.08 Ft | |
| Dining room | 11.58 Ft x 8.17 Ft | |
| Kitchen | 8.67 Ft x 17.83 Ft | |
| Primary Bedroom | 16.25 Ft x 11.92 Ft | |
| 4pc Bathroom | 10.00 Ft x 9.67 Ft | |
| Bedroom | 10.00 Ft x 12.67 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
-6.91%
Cap rate
3.48%
GRM
16.7
Break-even rent
$3,572
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
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 13, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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