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23 Red Sky Manor
Rare. Refined. Ready.Sitting on a premium CORNER LOT in the heart of Redstone NE, this EIGHT BEDROOM home was designed for the buyer who wants more — more space, more income, more life. With over 3,800 SQ FT OF TOTAL DEVELOPED SPACE and 2,726 sq ft above grade, every inch of this home has been thoughtfully built and meticulously maintained.The main floor opens into an effortlessly flowing layout anchored by a massive kitchen island, quartz countertops, and a gas stove that means business — this is where Sunday mornings happen. A MAIN FLOOR BEDROOM + FULL BATH makes this layout genuinely versatile, whether you're hosting guests, accommodating multi-generational living, or simply want the flexibility most homes at this price point simply don't offer.Head upstairs and find FOUR BEDROOMS, a sun-soaked bonus room that's large enough to actually feel like one, and a dedicated laundry room. The primary suite is where the layout truly shines — dual vanities, dual walk-in closets, his and hers everything. Another bedroom upstairs also offers its own walk-in closet, an attached sink, and a private bathroom — the kind of setup that works perfectly for older kids, guests, or anyone who values their own space. The EAST FACING orientation floods the mornings with natural light through TRIPLE PANE WINDOWS — the kind of detail that matters in Calgary winters.The fully developed basement with a SIDE ENTRANCE, 3 bedrooms, and a full bathroom isn't just extra space — it's currently generating RENTAL INCOME, and it's set up to keep doing exactly that. Two furnaces, an HRV system, built-in humidifier, and 6 SOLAR PANELS mean this home is as smart and efficient as it is spacious.Step outside to a low-maintenance concrete backyard, hook up to the NATURAL GAS BBQ LINE, and in your garage — plug in your vehicle with the built-in EV CHARGER. Recently, this home has come back better: brand new roof, reglazed windows, updated siding, fresh eavestroughs & downspouts, and a replaced ba ck door — all done.The community of Redstone puts you minutes from Stoney Trail, Country Hills Boulevard, grocery stores, restaurants, and daily conveniences — with schools, parks, and pathways woven right into the neighbourhood fabric.This one is built to hold a family, generate income, and hold its value. It does all three exceptionally well. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 4.25 Ft x 8.67 Ft | |
| Bedroom | 14.83 Ft x 9.92 Ft | |
| Bedroom | 10.58 Ft x 9.83 Ft | |
| Bedroom | 10.50 Ft x 13.42 Ft | |
| Kitchen | 10.92 Ft x 13.50 Ft | |
| Recreational, Games room | 11.75 Ft x 12.17 Ft | |
| Furnace | 11.00 Ft x 7.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 4.83 Ft x 8.67 Ft | |
| Bedroom | 11.08 Ft x 12.25 Ft | |
| Dining room | 15.00 Ft x 11.58 Ft | |
| Foyer | 9.67 Ft x 9.92 Ft | |
| Kitchen | 10.42 Ft x 14.83 Ft | |
| Living room | 15.00 Ft x 13.33 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 12.83 Ft x 5.58 Ft | |
| 5pc Bathroom | 11.75 Ft x 13.08 Ft | |
| Bedroom | 12.08 Ft x 9.50 Ft | |
| Bedroom | 15.08 Ft x 9.25 Ft | |
| Bedroom | 18.58 Ft x 9.50 Ft | |
| Family room | 10.92 Ft x 19.42 Ft | |
| Laundry room | 8.25 Ft x 5.33 Ft | |
| Primary Bedroom | 15.42 Ft x 11.50 Ft | |
| Other | 7.08 Ft x 6.75 Ft | |
| Other | 7.08 Ft x 7.83 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
-0.88%
Cap rate
4.69%
GRM
13.9
Break-even rent
$5,846
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.
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Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.