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232 Nolancrest Heights NW
Hello, Gorgeous! Welcome to this exceptional fully developed walkout home in the sought-after community of Nolan Hill. Offering over 2,500 sq ft above grade and more than 3,500 sq ft of finished living space, this 5-bedroom, 3.5-bathroom home is perfectly designed for growing and multi-generational families.Ideally situated across from an expansive park and backing directly onto a walking path, this property offers a rare combination of space, privacy, and everyday convenience. The bright and functional main floor features a spacious foyer, private office, convenient powder room, walk-through pantry, and an open-concept kitchen, dining, and living area centered around a cozy gas fireplace. Large windows fill the home with natural light while providing views of the greenspace beyond.Upstairs, you'll find a generous bonus room that creates separation between the primary retreat and secondary bedrooms. The spacious primary suite features a walk-in closet and a luxurious 5-piece ensuite, while two additional bedrooms, a full bathroom, and upper-level laundry complete the floor.The fully developed walkout basement adds incredible versatility with two additional bedrooms, a full bathroom, recreation space, storage, and a second laundry area. Whether you're accommodating extended family, teenagers, guests, or simply need additional living space, this lower level delivers exceptional flexibility.Outside, enjoy the elevated rear deck overlooking the landscaped backyard and pathway system, with direct walkout access from the basement level. Located close to shopping, restaurants, parks, playgrounds, and major commuter routes, this home offers the perfect balance of family-friendly living and everyday convenience.A rare opportunity to own a spacious walkout home in one of Northwest Calgary's most desirable communities. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 9.08 Ft | |
| Bedroom | 12.42 Ft x 18.92 Ft | |
| Bedroom | 9.83 Ft x 11.67 Ft | |
| Recreational, Games room | 17.00 Ft x 15.08 Ft | |
| Furnace | 12.42 Ft x 8.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 4.92 Ft x 5.00 Ft | |
| Dining room | 8.83 Ft x 12.92 Ft | |
| Foyer | 10.25 Ft x 11.83 Ft | |
| Foyer | 14.17 Ft x 13.00 Ft | |
| Living room | 17.42 Ft x 11.92 Ft | |
| Office | 9.08 Ft x 7.08 Ft | |
| Pantry | 9.25 Ft x 5.33 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 9.75 Ft x 7.75 Ft | |
| 5pc Bathroom | 14.75 Ft x 13.00 Ft | |
| Bedroom | 13.92 Ft x 9.33 Ft | |
| Bedroom | 13.92 Ft x 9.33 Ft | |
| Family room | 18.75 Ft x 18.67 Ft | |
| Laundry room | 5.92 Ft x 10.67 Ft | |
| Primary Bedroom | 17.17 Ft x 14.00 Ft | |
| Other | 9.08 Ft x 10.67 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
-0.84%
Cap rate
4.70%
GRM
13.9
Break-even rent
$5,840
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 19, 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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