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Reduced $10,000 (2%) from $584,990
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262 Covewood Park NE
Beds
4
Baths
3
Sqft
1,233
Year
1998
Type
Single Family
On market
20d
Experience the perfect blend of style, functionality, and located in the heart of Coventry Hills. This bright and spacious 2-storey residence offers over 1,700 sqft of thoughtfully designed living space and features a sought-after front-attached double garage—an exceptional find in this vibrant community. The main floor welcomes you with a generous foyer that opens into an expansive, light-filled living area. Culinary enthusiasts will appreciate the brand new, beautifully designed kitchen, complete with modern appliances, abundant cabinetry, and ample counter space for effortless meal preparation. The inviting dining area is highlighted by a dramatic floor-to-ceiling window and direct access to a fully fenced, landscaped backyard—perfect for children or entertaining—featuring trees, a garden, fire pit, and convenient RV parking via the back lane. A full bathroom on the main level adds flexibility and convenience for families and guests. One set of laundry on the main floor and another set of laundry in the basement. Upstairs, the sunlit primary bedroom boasts a charming bay window, while two additional bedroomsoffer plenty of space for family or home office needs. A well-appointed 4-piece bathroom completes the upper level. The fully finished basement expands your options with an illegal suite featuring its own kitchen, laundry, bathroom, and egress windows—ideal for multi-generational living or potential rental income. The spacious family room provides a comfortable retreat, and additional storage ensures everything has its place. Back lane access offers extra parking options. Prime location just steps to schools, transit, and amenities. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.67 Ft x 12.08 Ft | |
| 3pc Bathroom | 5.33 Ft x 8.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.33 Ft x 8.75 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.17 Ft x 13.42 Ft | |
| Bedroom | 11.42 Ft x 12.58 Ft | |
| Bedroom | 9.08 Ft x 9.92 Ft | |
| 4pc Bathroom | 5.25 Ft x 11.33 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
-6.66%
Cap rate
3.53%
GRM
16.5
Break-even rent
$3,572
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.