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2433 23 Street NW
Beds
5
Baths
4 full + 1 half
Sqft
1,946
Year
2026
Type
Single Family
On market
41d
OPEN HOUSE SUNDAY May 31, 2pm-4pm!! Welcome to the lap of luxury in Banff Trail. This beautifully appointed infill is only 250 METER WALK TO BANFF TRAIL C-TRAIN STATION and walking distance to University of Calgary, which makes it an ideal location with its 2 BEDROOM LEGAL BASEMENT SUITE. Have allergies? NO CARPETS THROUGHOUT. The Main floor has 10’ CEILINGS, wide front entrance, a dining area with a feature wall, luxurious kitchen with quartz backsplash, 14' long island with a magnificent quartz countertop and dual waterfall feature and cabinet doors on both sides (plenty of storage space for all your small kitchen appliances), a show-stopping "COMMERCIAL STYLE" 36' GAS RANGE, Impressive 48" WIDE FRIDGE and dual zone BEVERAGE COOLER in the seamlessly situated coffee bar that is open-to-above with morning sun lighting it up with sunshine. The Living room has an opulent 60' GAS FIREPLACE with built-ins and sliding patio doors that opens to a maintenance-free, composite plank party deck. The mud room leads to the conveniently located powder room. The highlight of the top floor is the Massive Primary bedroom with vaulted ceiling, spacious WALK-IN HIS & HER closets and a spa-like ensuite which will have a tiled STEAM SHOWER, double vanity, and a free-standing tub. The top floor is completed with a laundry room with sink, two bedrooms, one which has "cheater-suite" access to the common 4-piece bathroom. Every main and top floor bathroom has electric in-floor heating with their own thermostat, 200 AMP SERVICE TO HOUSE ensures there is enough power for house and a legal basement suite. The BASEMENT HAS A SEPARATE SIDE ENTRANCE, access to the furnace/mechanical room is in the common area so basement tenants do not need to be bothered/notified if you have to access the mechanicals. The basement ceiling has sound reduction features in the ceiling, hookups for a private laundry, kitchen and living room (with fireplace) and IN-FLOOR HEATING. Other features include GFCI OUTLET S BEHIND EVERY TOILET (required for heated bidets) and IN-FLOOR HEATING in EVERY WASHROOM, 200 AMP service in home, HEATED GARAGE WITH 200 AMP SERVICE (also insulated, drywalled and painted) with an EV CHARGING RECEPTACLE suitable to connect a Level 2 charging station, and a sunny SOUTHWEST FACING BACKYARD. TRIPLE PANE GLASS WINDOWS and DOORS throughout house (except front door and sliding patio door due to weight) with extra sound-reduction measures in the party wall ensures a quiet and serene atmosphere in the home. The property s situated on a lovely street full of manicured lawns, infills, and renovated original homes and just a SHORT WALK TO BANFF TRAIL and LIONS PARK C-TRAIN STATIONS, UNIVERSITY OF CALGARY, and community K-12 schools. **PHOTOS ARE FROM A SIMILAR SPEC HOME THAT IS COMPLETED SO THERE IS SOME DIFFERENCES(including Paint, floor/wall/fireplace tile, colors, quartz appearance, Island cabinet color, hardwood and LVP finish, fireplaces, lighting selection).** (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Other | 3.26 M x 4.70 M | |
| Living room | 3.38 M x 3.84 M | |
| Laundry room | 2.76 M x 1.15 M | |
| Bedroom | 3.36 M x 2.87 M | |
| Bedroom | 3.08 M x 2.83 M |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Dining room | 3.96 M x 2.97 M | |
| Office | 1.86 M x 1.89 M | |
| Kitchen | 2.89 M x 6.45 M | |
| Living room | 3.89 M x 4.00 M | |
| 2pc Bathroom | .00 M x .00 M | |
| Other | 2.12 M x 1.82 M |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 1.69 M x 2.45 M | |
| 4pc Bathroom | .00 M x .00 M | |
| Bedroom | 3.57 M x 3.33 M | |
| Bedroom | 3.80 M x 2.96 M | |
| Primary Bedroom | 3.66 M x 4.13 M | |
| 5pc Bathroom | 4.36 M x 2.55 M |
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
-0.81%
Cap rate
4.70%
GRM
13.9
Break-even rent
$6,756
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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 1, 2026.
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.