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128, 31 Red Embers Parade NE
Welcome to this spacious and meticulously maintained END UNIT townhome offering incredible value in one of Calgary’s most family friendly communities. Featuring four bedrooms and three full bathrooms plus a convenient half bath, and boasting over 1,820 sq ft of total thoughtfully designed living space, this home is ideal for growing families, first time buyers, or investors seeking strong rental potential.The main level showcases an open concept layout with a bright, inviting living area and a modern kitchen complete with stainless steel Whirlpool appliances, flowing seamlessly into the dining space, perfect for everyday living and effortless entertaining.Upstairs, you’ll find generously sized bedrooms, including a comfortable primary suite with its own ensuite, while the additional bedrooms provide flexibility for family, guests, or a home office. The fully finished lower level is a true standout, featuring a rare fourth bedroom, full bathroom, and a quartz topped wet bar with sink, creating the perfect space for entertaining, relaxing, or hosting game nights. Enjoy the convenience of rear parking and low maintenance living, along with upgrades such as central air conditioning and a gas line for your BBQ, ideal for summer comfort. Located just minutes from parks, schools, shopping, major routes, and close to the new Shoppers Drug Mart currently under construction along with other everyday amenities, this home truly checks all the boxes.Don’t miss your chance to own a move in ready home with space, style, and exceptional value. Book your showing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 10.92 Ft x 14.17 Ft | |
| 3pc Bathroom | 4.92 Ft x 8.00 Ft | |
| Laundry room | 3.00 Ft x 5.42 Ft | |
| Bedroom | 10.92 Ft x 14.08 Ft | |
| Furnace | 8.50 Ft x 7.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 11.50 Ft x 14.17 Ft | |
| Pantry | 2.83 Ft x 3.33 Ft | |
| 2pc Bathroom | 3.25 Ft x 7.00 Ft | |
| Dining room | 11.25 Ft x 8.42 Ft | |
| Living room | 11.92 Ft x 16.58 Ft | |
| Other | 5.33 Ft x 5.08 Ft | |
| Other | 3.67 Ft x 4.08 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 7.42 Ft x 13.75 Ft | |
| Bedroom | 7.42 Ft x 12.08 Ft | |
| 4pc Bathroom | 4.83 Ft x 8.08 Ft | |
| Primary Bedroom | 15.33 Ft x 14.25 Ft | |
| 4pc Bathroom | 4.92 Ft x 8.08 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
4.58%
Cap rate
5.78%
GRM
11.8
Break-even rent
$2,571
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 13, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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