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Reduced $5,099 (1%) from $704,999
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268 Savanna Terrace
Beds
6
Baths
4
Sqft
1,601
Year
2024
Type
Single Family
On market
68d
I HUGE PRICE REDUCTION I Welcome to this exquisite 2024-built detached residence, nestled in the highly desirable Savanna community of Calgary, offering over 2,300 sq ft of sophisticated living space. The main floor is thoughtfully designed with a versatile bedroom and a sleek 3-piece bathroom, perfect for accommodating guests or multigenerational living. The gourmet kitchen is a culinary masterpiece, featuring luxurious quartz countertops, premium stainless steel appliances—including a built-in microwave and a state-of-the-art French door refrigerator—and an elegant tile backsplash, all seamlessly flowing into an expansive dining area and a luminous living room, ideal for both relaxation and entertaining. Ascend to the upper level, where the opulent primary suite awaits, complete with a walk-in closet and a 4-piece ensuite. Two additional generously sized bedrooms, another well-appointed 4-piece bathroom, a spacious bonus room, and convenient upper-level laundry further enhance this level. The fully finished, 2 bedrooms legal basement suite , meticulously crafted by the original builder, a full bathroom, a modern kitchen, a welcoming living area, a separate entrance, and private laundry—perfect for extended family or lucrative rental income. Outside, the low-maintenance landscaping and striking concrete front steps complete the home along with the 2-car oversize garage 22 feet by 22 feet, offering a harmonious blend of refined upgrades and practical design for effortless. Please book this beautiful home before it's gone. PRICE TO SELL (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.17 Ft x 10.67 Ft | |
| 4pc Bathroom | 8.17 Ft x 7.67 Ft | |
| Furnace | 9.58 Ft x 7.58 Ft | |
| Recreational, Games room | 10.92 Ft x 10.83 Ft | |
| Bedroom | 11.33 Ft x 11.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.00 Ft x 11.75 Ft | |
| 4pc Bathroom | 7.42 Ft x 8.00 Ft | |
| Kitchen | 12.92 Ft x 8.58 Ft | |
| Dining room | 11.17 Ft x 10.25 Ft | |
| Living room | 12.00 Ft x 12.92 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.17 Ft x 13.50 Ft | |
| 4pc Bathroom | 9.17 Ft x 4.92 Ft | |
| Family room | 11.33 Ft x 11.58 Ft | |
| 4pc Bathroom | 4.92 Ft x 7.92 Ft | |
| Bedroom | 12.17 Ft x 9.17 Ft | |
| Bedroom | 12.83 Ft x 9.25 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
-1.05%
Cap rate
4.65%
GRM
13.9
Break-even rent
$4,329
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 May 25, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.