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Reduced $46,000 (4%) from $1,095,000
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2426 27 Street SW
EXTENDED BASEMENT | DESIGNER INNER-CITY INFILL Welcome to a standout new infill in the heart of Killarney, delivering close to 3,000 sq ft of thoughtfully planned living space where modern elegance meets practical everyday living. Located in one of Calgary’s most desirable inner-city communities, this home blends upscale design, a bright open layout, and purposeful functionality. Step inside and you’re greeted by a welcoming formal dining space that effortlessly connects to the heart of the home — a stunning chef-inspired kitchen centred around an impressive 12-foot quartz island. Whether you're enjoying quiet mornings or hosting friends, this space balances sophistication with real-life usability. Positioned across from the kitchen, a sunlit home office provides a flexible space for work, study, or creativity. Toward the back of the home, the warm and inviting living room features a sleek fireplace and large patio doors that lead to the spacious rear deck, extending your living area outdoors for seamless entertaining. The main floor is completed by a built-in mudroom with ample storage and a stylish, discreet powder room. Upstairs, the primary retreat offers an airy feel with a vaulted ceiling, walk-in closet, and a spa-like ensuite showcasing statement flooring, dual vanities, and a beautiful freestanding tub. Two additional bedrooms, a modern main bathroom, and an upper-floor laundry room provide comfort and convenience for the whole household. The lower level features an extended LEGAL BASEMENT SUITE, adding incredible flexibility and value. Bright and spacious, this level includes a full kitchen, open living area, two bedrooms, a flex room, and its own laundry. Ideal for rental income, multi-generational living, or a private guest space, this suite delivers versatility without sacrificing design quality. Outside, the home is finished with a double detached garage and access from a paved rear lane, adding everyday convenience. With refined finishes, a sma rt and functional floorplan, loads of natural light, and a location just moments from parks, schools, shopping, and quick downtown access, this property offers more than just beautiful design — it’s a lifestyle upgrade and a solid long-term investment. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Furnace | 5.83 Ft x 9.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 13.25 Ft x 18.42 Ft | |
| Living room | 12.83 Ft x 13.75 Ft | |
| Dining room | 13.17 Ft x 14.00 Ft | |
| Other | 5.75 Ft x 7.00 Ft | |
| 2pc Bathroom | 5.00 Ft x 5.75 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Loft | 6.67 Ft x 11.08 Ft | |
| Primary Bedroom | 13.17 Ft x 13.17 Ft | |
| Bedroom | 9.75 Ft x 11.17 Ft | |
| Bedroom | 11.17 Ft x 11.83 Ft | |
| Laundry room | 5.92 Ft x 8.67 Ft | |
| 4pc Bathroom | 6.17 Ft x 8.83 Ft | |
| 5pc Bathroom | 8.33 Ft x 16.67 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 6.67 Ft x 11.00 Ft | |
| Living room/Dining room | 8.58 Ft x 21.08 Ft | |
| Other | 8.25 Ft x 10.00 Ft | |
| Bedroom | 11.00 Ft x 13.67 Ft | |
| Bedroom | 11.00 Ft x 12.83 Ft | |
| Laundry room | 3.42 Ft x 6.67 Ft | |
| 4pc Bathroom | 5.00 Ft x 10.67 Ft | |
| Other | 8.00 Ft x 10.00 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
-0.80%
Cap rate
4.71%
GRM
13.9
Break-even rent
$6,446
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.
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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 12, 2026.
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