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2616 22 Street NW
Beds
6
Baths
2
Sqft
1,153
Year
1954
Type
Single Family
On market
129d
Young growing family and developers, opportunities like this Banff Trail bungalow don’t come along very often! Set on a 50’x120’ CORNER LOT and facing a park, the property is prime for an upgrade, whether that’s a full remodel or a redevelopment – stylish infills are increasingly popular in the area. The corner lot offers plenty of free street parking. ***UPGRADES*** include: Furnace (2015), Roof (2012), Electric Panel (1994), Main Floor Bedroom Window (2015), and three Basement Bedroom Windows (2015). ***MAIN FLOOR*** Inside, the largely original features follow a quintessential floorplan with a living room at the front of the home, with a bright dining area with chandelier that leads to the kitchen, where original oak cabinetry is a testament to quality workmanship that you might replicate in your new material selections. Similarly, the hardwood floors that run throughout this level could be charming when refinished. As you would expect in this style of home, three generous bedrooms and the main bathroom are down the hall.***BASEMENT***From the Main Floor kitchen a stairway leads to the back door & offers a separate entrance to the basement, which begins with a shared laundry area with front load LG washing machine and a large capacity Gas dryer. A second kitchen and a large living room are excellent for a multi-generational family or a mortgage helper while you plan a Legalized Suite. There are three more bedrooms and another full bathroom here, which is a rare and coveted lower-level layout, especially for the rental market. ***EXTERIOR*** Outside, partially fenced yard has a huge lawn with mature trees that offer a timely shade for the house. Plus, the tall Lilac bushes that provide a private outdoor space at the concrete tiled patio next to the single-detached garage. The home also has a wheelchair ramp from the front door to the pavement, which is a highly desirable accessibility feature. ***THE AREA*** Proximity to the University of Calgary, SATI, McMahon Stadium, and the Foothills Hospital means both high-end homes and savvy rental properties are popular here. Parks and pathways nearby are plentiful, and schools are also in walking distance. Residents enjoy access to amenities nearby, with the Banff Trail C-train station for commuting options. Also, there is the Brentwood Village Mall with several banks, grocery stores and variety of restaurants. Easy access to Crowchild Trail and other primary routes like 16th avenue will take you conveniently to downtown in 10 minutes – or you can get out of the city into the mountains for camping, hiking, and winter sports to places like Canmore and Kananaskis country within an hour. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 13.00 Ft x 17.67 Ft | |
| Laundry room | 5.00 Ft x 5.42 Ft | |
| 3pc Bathroom | 5.42 Ft x 9.42 Ft | |
| Furnace | 5.75 Ft x 6.58 Ft | |
| Kitchen | 5.83 Ft x 9.25 Ft | |
| Bedroom | 9.00 Ft x 10.17 Ft | |
| Bedroom | 9.58 Ft x 11.42 Ft | |
| Bedroom | 9.92 Ft x 10.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.92 Ft x 15.17 Ft | |
| Kitchen | 9.42 Ft x 10.17 Ft | |
| Breakfast | 5.83 Ft x 7.08 Ft | |
| Dining room | 8.75 Ft x 10.25 Ft | |
| Primary Bedroom | 11.17 Ft x 13.08 Ft | |
| Bedroom | 10.17 Ft x 11.17 Ft | |
| Bedroom | 8.83 Ft x 13.08 Ft | |
| 3pc Bathroom | 4.92 Ft x 10.25 Ft | |
| Foyer | 3.33 Ft x 5.17 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
-0.87%
Cap rate
4.69%
GRM
13.9
Break-even rent
$5,537
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.
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 2, 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.