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29 Herron Mews NE
Beds
4
Baths
4 full + 1 half
Sqft
1,571
Year
2022
Type
Single Family
On market
99d
INVESTOR ALERT | TURNKEY CASH-FLOW OPPORTUNITY IN LIVINGSTON! Legal Suite + Double Garage.Welcome to this exceptional income-producing semi-detached home with a LEGAL basement suite and double detached garage, perfectly located fronting a park in the highly desirable community of Livingston!Offering over 2,200 SQ.FT. of beautifully finished living space, this modern property is the perfect opportunity for investors or savvy buyers looking to offset their mortgage with strong rental income potential. Even better — tenants are willing to stay in BOTH the main home and basement suite, providing immediate cash flow from possession day and making this a true turnkey investment opportunity! The main level showcases upscale finishes throughout, featuring 9-ft ceilings, expansive windows, and a bright open-concept layout designed for modern living. The chef-inspired kitchen is loaded with premium upgrades including built-in appliances, stainless steel finishes, chimney hood fan, oversized island, crown-molded cabinetry, and a walk-in pantry — seamlessly flowing into the spacious dining and living areas. Upstairs, enjoy a luxurious primary retreat complete with a walk-in closet and spa-inspired ensuite featuring double vanities and a sleek glass shower. Two additional bedrooms, a full bathroom, bonus room, and convenient upper-floor laundry complete the upper level. The fully finished LEGAL basement suite is a major value-add, featuring its own private entrance, full kitchen, bedroom, bathroom, separate laundry, and dedicated living area — ideal for long-term tenants, extended family, or additional passive income. Located in one of Calgary’s fastest-growing communities with parks, pathways, schools, shopping, and future amenities nearby, this property offers the perfect combination of luxury, functionality, and investment performance. Turnkey. Stylish. Income-Producing. Opportunities like this are rare — book your private showing today before it’s gone (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.42 Ft x 11.33 Ft | |
| Other | 6.58 Ft x 4.92 Ft | |
| 4pc Bathroom | 9.33 Ft x 4.92 Ft | |
| Recreational, Games room | 16.50 Ft x 12.50 Ft | |
| Hall | 9.50 Ft x 3.75 Ft | |
| Kitchen | 11.58 Ft x 8.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 12.42 Ft x 16.58 Ft | |
| Kitchen | 17.42 Ft x 16.58 Ft | |
| Dining room | 11.08 Ft x 10.08 Ft | |
| Foyer | 11.08 Ft x 4.42 Ft | |
| 2pc Bathroom | 6.58 Ft x 2.75 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 13.58 Ft x 8.08 Ft | |
| Bedroom | 10.17 Ft x 8.17 Ft | |
| 4pc Bathroom | 5.25 Ft x 8.08 Ft | |
| Hall | 8.92 Ft x 3.50 Ft | |
| Other | 5.42 Ft x 4.75 Ft | |
| Bonus Room | 13.58 Ft x 11.92 Ft | |
| Laundry room | 4.83 Ft x 4.75 Ft | |
| Primary Bedroom | 13.58 Ft x 10.08 Ft | |
| 4pc Bathroom | 11.75 Ft x 6.17 Ft | |
| Other | 6.75 Ft x 6.17 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
-1.13%
Cap rate
4.64%
GRM
13.9
Break-even rent
$4,081
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 21, 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.