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Reduced $15,000 (3%) from $560,000
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32 Cranston Gate SE
Affordable, move-in ready half duplex, 2 Story located in the desirable community of Cranston! Offering 1,474 sq. ft. of living space, this home features great curb appeal, an attached garage, and a bright open-concept layout. The main level showcases gorgeous hardwood flooring, large windows providing abundant natural light, a spacious living room with access to the large, fenced backyard. Step into a stylish kitchen complete with dark-toned cabinetry, granite countertops, tiled backsplash, corner pantry, stainless steel appliances, island with sink & a brand new dishwasher, seating and lots of counter space to prep a family gathering meal . Upstairs offers 3 generously sized bedrooms, convenient upper-floor laundry, and a spacious primary retreat with a walk-in closet and 4-piece ensuite. The unfinished basement provides endless potential for future development. A fantastic opportunity to own in one of Calgary’s most sought-after communities! Walking distance to all amenities, schools, grocery stores, cafes, restaurants, parks, and easy access to South Health Campus ,Only houses away from the ridge above the Bow River Valley. The walking /cycling path goes from Deerfoot Trail at 212 Ave SE west to overlooking Stony Tr crossing the Bow River... and your only 1 minute from the bus stop! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 12.25 Ft x 6.25 Ft | |
| Living room | 14.92 Ft x 14.58 Ft | |
| Dining room | 13.83 Ft x 10.25 Ft | |
| Kitchen | 13.83 Ft x 8.67 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 13.75 Ft x 12.33 Ft | |
| Bedroom | 11.33 Ft x 9.58 Ft | |
| Bedroom | 11.33 Ft x 9.58 Ft | |
| Laundry room | 5.42 Ft x 3.17 Ft | |
| 4pc Bathroom | 8.08 Ft x 4.83 Ft | |
| 4pc Bathroom | 7.75 Ft x 4.92 Ft | |
| 2pc Bathroom | 7.58 Ft x 3.17 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
-6.95%
Cap rate
3.47%
GRM
16.7
Break-even rent
$3,390
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.
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 3, 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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