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22 Sherwood Cove NW
Beds
6
Baths
4 full + 1 half
Sqft
2,250
Year
2004
Type
Single Family
On market
25d
Welcome to this spacious and beautifully maintained two-storey home located on a quiet cul-de-sac in the highly desirable community of Sherwood NW. Offering over 3,088 sq. ft. of total developed living space on a large lot, this property combines space, functionality, and exceptional value with a fully developed LEGAL basement suite — making it an ideal opportunity for both families and investors.From the moment you enter, you are welcomed by an impressive open-to-below foyer with soaring ceilings that create a bright and airy first impression. The main floor offers expansive living spaces designed for both everyday family living and entertaining. The timeless solid wood kitchen is equipped with granite countertops, ample cabinetry, and newer appliances, while the thoughtful layout seamlessly connects the kitchen to the main living areas. The home also features two separate dining spaces, including a formal dining room for hosting gatherings and a bright breakfast nook for casual everyday meals.Recent updates throughout the home include fresh paint, newer appliances, a newer roof, a newer rear deck, and central air conditioning for added year-round comfort.Upstairs, you’ll find four spacious bedrooms, including an impressive primary retreat featuring vaulted ceilings and ample space for a full bedroom suite along with additional sitting or workspace options. The upper level offers excellent functionality for larger families.One of the standout features of this home is the fully developed LEGAL basement suite, completed in 2026, offering two additional bedrooms, a separate living space, and outstanding mortgage helper potential. Whether you’re looking to generate rental income, accommodate extended family, or create additional flexibility for multi-generational living, this professionally developed legal suite adds tremendous long-term value and versatility to the property.Outside, the large backyard provides plenty of room to enjoy, while the extended driv eway and double attached garage offer ample parking and everyday convenience. Located just steps from a K–9 school and close to Beacon Hill Shopping Centre, parks, public transit, and quick access to Stoney Trail, this move-in ready home offers a rare combination of size, location, functionality, and income potential in one of Northwest Calgary’s most sought-after communities. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Living room | 14.08 Ft x 20.25 Ft | |
| Bedroom | 12.00 Ft x 12.42 Ft | |
| Bedroom | 11.92 Ft x 12.42 Ft | |
| 3pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 12.83 Ft x 14.67 Ft | |
| Dining room | 8.42 Ft x 14.58 Ft | |
| Living room | 12.00 Ft x 14.50 Ft | |
| Kitchen | 12.58 Ft x 13.17 Ft | |
| Breakfast | 8.00 Ft x 12.58 Ft | |
| 2pc Bathroom | — |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 18.17 Ft x 20.00 Ft | |
| Bedroom | 11.33 Ft x 12.42 Ft | |
| Bedroom | 12.67 Ft x 13.42 Ft | |
| Bedroom | 11.08 Ft x 12.17 Ft | |
| 4pc Bathroom | — | |
| 4pc 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
-0.90%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,542
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 Jun 9, 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.