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250 Mt Lorette Close SE
Fantastic value in this McKenzie Lake home, ideally positioned directly across from a playground, with lake access nearby and just a short walk to the school. Absolutely an unbeatable location for growing families.Tucked away on a quiet, family-friendly street, this home is truly move-in ready and designed for everyday comfort and connection. The main floor features warm, rich hardwood flooring and a thoughtful layout that includes a bright and spacious kitchen with an eating nook, a separate dining area, and both a cozy living room and inviting family room with plenty of space to gather or unwind.Upstairs, you’ll find three well-appointed bedrooms, including a generous primary suite complete with a stunning ensuite retreat. The fully developed basement extends your living space even further, offering an additional bedroom perfect for guests, teens, or a home office.Step outside to enjoy the west-facing backyard deck—ideal for evening sun and summer BBQs while the oversized double detached garage provides exceptional storage room for a shop and parking.A perfect blend of location, lifestyle, and livability, this is a home where family memories are made. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.58 Ft x 11.75 Ft | |
| Recreational, Games room | 13.92 Ft x 19.92 Ft | |
| Storage | 14.50 Ft x 7.75 Ft | |
| Furnace | 11.67 Ft x 7.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 4.83 Ft x 4.92 Ft | |
| Dining room | 7.58 Ft x 13.17 Ft | |
| Family room | 12.92 Ft x 12.00 Ft | |
| Kitchen | 8.92 Ft x 9.42 Ft | |
| Living room | 16.50 Ft x 21.00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.00 Ft x 8.00 Ft | |
| Primary Bedroom | 14.00 Ft x 12.67 Ft | |
| Other | 5.83 Ft x 8.00 Ft | |
| Bedroom | 8.42 Ft x 12.67 Ft | |
| Bedroom | 8.42 Ft x 9.17 Ft | |
| 4pc Bathroom | 8.00 Ft x 8.00 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
-1.17%
Cap rate
4.63%
GRM
13.9
Break-even rent
$3,723
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 19, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
14.3 km away
Elementary
12.9 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
13.8 km away
Halal grocery
Amir Halal Meats & Grocery
13.8 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.