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249 Elgin Meadows Park SE
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Beds
3
Baths
3 full + 1 half
Sqft
1,413
Year
2011
Type
Single Family
On market
7d
Strong bones and great potential in this beautiful, semi-detached, home in McKenzie Towne! Situated on a quiet street, this well-maintained 3 bdrm + 2.5-bath property features over 1,400 sq ft of above grade living space and an open floor plan. The Main floor features hardwood flooring underfoot, a 2-pc bath, separate side entrance, and tasteful gas fireplace. The Kitchen features granite counters, full-height cabinetry, corner pantry, stainless steel appliances and kitchen island with breakfast bar, and nearby dining room area. There's also a good sized living room (where you can enjoy the fireplace). The Upper level includes a spacious Primary Bedroom with lots of natural light through the West-facing windows, a 3-piece ensuite bath with enclosed shower, two additional bedrooms (one could even work as an office!) and a full 4-piece bathroom with tub and shower. The basement is unfinished - but allows you to finish it to your taste, and the laundry area is also down here as well. The large backyard is ideal for outdoor enjoyment and awaits your personal touches. The current owners weren't able to use this area, thus they never built a deck or a garage. There's also a gravel pad to park 2 vehicles and the back alley is PAVED! Close to schools, shopping, public transit, South Health Campus, and with easy access to Stoney Trail and Deerfoot Trail, this location offers great convenience for your family or as a possible investment property. And also a bonus here - no condo fees! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.08 Ft x 17.00 Ft | |
| Kitchen | 13.83 Ft x 10.83 Ft | |
| Dining room | 14.00 Ft x 6.25 Ft | |
| 2pc Bathroom | 4.83 Ft x 5.83 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 15.00 Ft x 11.83 Ft | |
| 3pc Bathroom | 6.33 Ft x 8.08 Ft | |
| Bedroom | 13.42 Ft x 9.42 Ft | |
| Bedroom | 13.58 Ft x 8.42 Ft | |
| 4pc Bathroom | 6.33 Ft x 8.17 Ft | |
| Other | 9.67 Ft x 5.50 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
-7.00%
Cap rate
3.46%
GRM
16.7
Break-even rent
$3,208
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 8, 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.