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28 CORNELL Place NW
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Beds
6
Baths
2
Sqft
1,153
Year
1957
Type
Single Family
On market
4d
Location, location, location! Do Not Miss This incredible potential in this 1,153 sq. ft. bungalow with 2 SEPARATE SUIT up and down with the LEGAL SECONDARY SUIT CERTIFICATE from the city of Calgary. New hardwood flooring and New Paint through out the main floor. Large country kitchen with New Marble Countertops and Newly Painted Cabinets with eating area facing south overlooking a park across the street and a lovely southwestern sunset over the city at night. New Large 3 bedrooms up plus a full bath. Separate entrance to downstairs has 3 bedrooms, kitchen, recreation room and a full bath. Flooring in basement done in ceramic tile. Large porch with New Renovated sun room in back with irregular back yard and back alley. This home is an INVESTORS’ dream, or Live Upstairs and Rental out Basement Suit! Currently, Vacant of the upstairs and downstairs have tenants, monthly total net rental income $1100 for basement suit only, NEW Shingle Roof in 2021 for years of worry-free protection. Located just minutes from Downtown, this property offers unbeatable access to all amenities with public transit right at your doorstep. Walking distance to Nose Hill Park and Confederation Park. SAIT, U of C, Community Schools, Calgary transit and shopping center. Book your private showing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 11.58 Ft x 11.08 Ft | |
| Other | 17.92 Ft x 16.33 Ft | |
| Other | 9.17 Ft x 8.83 Ft | |
| Bedroom | 11.92 Ft x 11.42 Ft | |
| Bedroom | 9.75 Ft x 9.50 Ft | |
| Bedroom | 9.75 Ft x 9.17 Ft | |
| 5pc Bathroom | 4.92 Ft x 11.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Sunroom | 18.42 Ft x 14.25 Ft | |
| Other | 3.42 Ft x 7.83 Ft | |
| Dining room | 7.75 Ft x 12.08 Ft | |
| Kitchen | 10.33 Ft x 11.33 Ft | |
| Living room | 13.08 Ft x 21.08 Ft | |
| Primary Bedroom | 13.17 Ft x 11.08 Ft | |
| Bedroom | 9.75 Ft x 9.67 Ft | |
| Bedroom | 12.17 Ft x 9.58 Ft | |
| 4pc Bathroom | 8.83 Ft x 7.00 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
-5.70%
Cap rate
3.72%
GRM
16.0
Break-even rent
$3,935
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 8, 2026.
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Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.