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Reduced $10,000 (2%) from $559,000
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268 Madeira Place NE
Beds
5
Baths
2
Sqft
1,019
Year
1978
Type
Single Family
On market
29d
Welcome to this beautifully updated bungalow in Marlborough Park offering immediate possession, 5 bedrooms, an oversized heated double garage, and excellent flexibility for families or buyers seeking mortgage-helper potential. The bright and inviting main floor features new luxury vinyl plank flooring, fresh paint, a spacious living area with large bay windows, and 3 well-sized bedrooms. The functional kitchen offers ample cabinetry, generous prep space, and an adjacent dining area ideal for everyday living and entertaining. The fully developed basement includes a separate entrance, 2 additional bedrooms, a full bathroom, separate laundry, and updated finishes including vinyl plank flooring, paint, baseboards, and egress windows - providing great flexibility for extended family, multi-generational living, or future rental potential. Enjoy a fully fenced backyard with back lane access and an oversized heated double detached garage (29’ x 24’) offering plenty of room for parking, storage, hobbies, or workshop space. Conveniently located on a quiet street close to schools, parks, shopping, transit, and major routes. Vacant, easy to show, and quick possession available. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 12.67 Ft x 16.83 Ft | |
| Furnace | 7.75 Ft x 14.08 Ft | |
| Kitchen | 7.83 Ft x 10.17 Ft | |
| Laundry room | 5.83 Ft x 10.75 Ft | |
| Bedroom | 9.42 Ft x 12.75 Ft | |
| Bedroom | 9.00 Ft x 12.67 Ft | |
| 4pc Bathroom | 6.00 Ft x 7.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.92 Ft x 17.58 Ft | |
| Kitchen | 9.50 Ft x 9.50 Ft | |
| Dining room | 7.83 Ft x 9.83 Ft | |
| Laundry room | 3.50 Ft x 7.25 Ft | |
| Foyer | 5.08 Ft x 8.67 Ft | |
| Primary Bedroom | 11.83 Ft x 13.25 Ft | |
| Bedroom | 7.92 Ft x 12.33 Ft | |
| Bedroom | 7.83 Ft x 9.92 Ft | |
| 4pc Bathroom | 4.92 Ft x 9.58 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).
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 7, 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.