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Calgary · Single Family · under $1,200,000 · 4+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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2433 23 Street NW
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
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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
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Insurance estimate
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Commute
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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.
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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.
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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.
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Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.