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Calgary · Single Family · under $875,000 · 4+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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241 Homestead Crescent NE
Welcome to this exceptional, move-in ready home offering the perfect combination of luxury, comfort, and income potential! Situated on a desirable traditional lot with a paved back alley, this beautifully upgraded home is still covered under the builder's warranty, giving you added peace of mind.Step inside to discover a bright, open-concept main floor designed for modern living. The spacious living room features a stunning ELECTRIC FIREPLACE, creating a warm and inviting focal point for family gatherings. A versatile MAIN FLOOR DEN provides the perfect space for a home office, study, or playroom. The chef-inspired kitchen is loaded with PREMIUM UPGRADES, including BUILT-IN STAINLESS STEEL appliances, CEILING-HEIGHT cabinetry, QUARTZ countertops, a large centre island, POT LIGHTS, GAS COOKTOP and abundant storage—perfect for both everyday living and entertaining.Upstairs, you'll find a spacious bonus room, ideal for movie nights or a family retreat, along with three generously sized bedrooms. The primary suite offers a walk-in closet and a beautifully finished 5 PIECE ENSUITE, while the additional bedrooms, full bathroom, and convenient upper-floor laundry complete the second level.The fully finished sunshine TWO-BEDROOM LEGAL BASEMENT SUITE is an incredible mortgage helper or investment opportunity. Featuring OVERSIZED WINDOWS that flood the space with natural light, a private entrance, and quality finishes throughout, it offers a bright and welcoming living environment rarely found in basement suites.Outside, enjoy summer evenings on the REAR DECK complete with a natural gas BBQ line, while central AIR CONDITIONING keeps the home comfortable all season long. The paved back alley, traditional lot, and numerous builder upgrades throughout further enhance the home's value and appeal.Located in a family-friendly community close to schools, parks, shopping, restaurants, transit, and major roadways, this home offers the perfect blend of style, functionality, and investment potential. Whether you're looking for your forever home or a property with excellent rental income, this one checks all the boxes. Don't miss your opportunity to own this beautifully upgraded home—book your private showing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 7.67 Ft | |
| Bedroom | 10.08 Ft x 11.17 Ft | |
| Bedroom | 10.17 Ft x 9.92 Ft | |
| Kitchen | 9.50 Ft x 9.83 Ft | |
| Recreational, Games room | 14.25 Ft x 15.17 Ft | |
| Storage | 9.00 Ft x 6.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.17 Ft x 4.92 Ft | |
| Den | 7.75 Ft x 11.50 Ft | |
| Dining room | 9.42 Ft x 10.33 Ft | |
| Foyer | 9.58 Ft x 11.00 Ft | |
| Kitchen | 12.25 Ft x 11.58 Ft | |
| Living room | 15.75 Ft x 12.58 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 8.50 Ft | |
| 5pc Bathroom | 10.75 Ft x 9.58 Ft | |
| Bedroom | 9.83 Ft x 10.17 Ft | |
| Bedroom | 9.92 Ft x 12.50 Ft | |
| Family room | 15.33 Ft x 18.58 Ft | |
| Laundry room | 5.50 Ft x 8.50 Ft | |
| Primary Bedroom | 13.92 Ft x 12.67 Ft | |
| Other | 5.00 Ft x 9.83 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
-0.97%
Cap rate
4.67%
GRM
13.9
Break-even rent
$4,936
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.
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 26, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
Al-Hedaya Islamic Centre
1.9 km away
Al Madinah Islamic Centre
2.4 km away
Hazrat Bilal Islamic Center
2.5 km away
4.0 km away
6.4 km away
Elementary
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
6.5 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
9.6 km away
10.3 km away
Halal grocery
Shaheen Grocery, Bakery & Halal Meat
3.6 km away
Amir Halal Meats & Grocery
9.6 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.