$614,999
220 Cornerstone Grove NE
Beds
4
Baths
4 full + 1 half
Sqft
—
Year
2021
Type
Single Family
Suite
Suite potential
Location nearby
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.
About this home
Welcome to this beautifully designed two-storey home in the vibrant Cornerstone community in NE Calgary, offering 4 bedrooms and 3.5 bathrooms with exceptional versatility for both homeowners and investors.Step inside to a bright, open-concept main floor featuring upgraded flooring, expansive windows that flood the space with natural light, and a spacious living and dining area perfect for everyday living and entertaining. The upgraded kitchen serves as the heart of the home—ideal for family gatherings, hosting, and creating lasting memories.Upstairs, you’ll find well-appointed bedrooms designed for comfort and functionality, while the fully builder-finished basement with a separate entrance adds incredible value and flexibility.The separate entrance and finished basement create strong potential for a future suite (subject to city approval), making this an excellent opportunity for additional rental income or a mortgage helper.This home features thoughtful upgrades throughout, a bright and functional open-concept layout, and a builder-finished basement with a separate entrance that enhances both livability and investment appeal. With strong income potential and a location in a fast-growing, family-friendly community, this property offers the perfect balance of lifestyle and long-term value.Whether you’re looking for your next home or a smart investment, this property delivers on both lifestyle and opportunity. Don’t miss your chance to own in one of Calgary’s most desirable and rapidly developing communities. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Cornerstone
- Common interest
- Leasehold
- Living area
- 1,528 square feet
- Lot size
- 2,604 square feet
- Lot dimensions
- 2604.00
- Bedrooms
- 3 above grade, 1 below grade
- Parking
- 2 total
- Stories
- 2
- On market
- Apr 1, 2026
- Status changed
- Apr 27, 2026
- Annual tax
- $4,100.63 (2025)
- Zoning
- R-G
- Photos
- 34
- MLS#
- A2297910
- Area
- CALGARY_NW
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Construction
Flooring
Foundation
Lot
Cash on cash
-6.85%
Cap rate
3.49%
GRM
16.7
Break-even rent
$3,814
Financing
Operating expenses (monthly)
Estimates 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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.