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Investment signal

$529,900

210 Saddlebrook Way NE

Beds

4

Baths

3.1

Sqft

Year

2006

About this home

Great investment opportunity in the highly sought-after community of Saddle Ridge! This 2-storey home offers excellent potential for investors or buyers looking for additional income.The main level features a functional layout with a bright living room, kitchen, and dining area, along with a convenient half bathroom. The upper level includes 3 good-sized bedrooms and a full bathroom, making it ideal for a family.The property also includes an illegal suite in the basement with a separate entrance and separate laundry, providing flexibility for extended family or rental income potential.Located close to schools, parks, shopping centers, and public transit, this property offers strong rental appeal in one of NE Calgary’s most popular communities.A great opportunity for investors or first-time buyers looking for mortgage support in Saddle Ridge. Don’t miss out! (id:65958)

Subtype
Single Family
Lot size
282 square meters
MLS#
A2293645
Area
CALGARY_NE
Negative cash flow ~$831/mo at these assumptions

Cash on cash

-9.41%

Cap rate

4.01%

GRM

15.2

Break-even rent

$3,775

Financing

Down payment$105,980
Loan amount$423,920
Mortgage$2,601/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$243
Insurance$80
Maintenance$442
CapEx reserve$221
Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

What daily life looks like from this address. Tap a category to add or remove it.

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  • 🛒 Grocery

    Real Canadian Superstore 20th Avenue

    3575 20 Ave NE, Calgary, AB T1Y 6R3, Canada

    7.9 km

    ~13 min drive

  • 🥩 Halal grocery

    Savanna Grocery & Halal Meat

    9052 46 St NE, Calgary, AB T3J 4E4, Canada

    2.2 km

    ~4 min drive

  • 🕌 Mosque

    Hazrat Bilal Islamic Center

    20 Saddlestone Dr, Calgary, AB T3J 0B4, Canada

    0.5 km

    ~1 min drive

  • 🌳 Park

    Canoe Park

    122 Douglas Park Close SE, Calgary, AB T2Z 2B2, Canada

    21.9 km

    ~35 min drive

  • 🏫 Elementary

    Chris Akkerman School | Calgary Board of Education

    5004 Marbank Dr NE, Calgary, AB T2A 3J6, Canada

    8.0 km

    ~13 min drive

  • 🚉 Transit

    Saddletowne Station

    Saddle Ridge, Calgary, AB T3J 4K7, Canada

    1.3 km

    ~2 min drive

Mortgage estimate

Estimated $2,601/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 19, 2026.

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