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Calgary · Single Family · under $825,000 · 3+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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331 MILLVIEW Bay SW
Welcome to a residence where luxury, comfort, peaceful quiet and lifestyle come together in perfect harmony.Tucked away on a quiet cul-de-sac in the highly sought-after community of Millrise, this exceptional home offers the rare combination of peaceful living and outstanding convenience. Surrounded by pathways, parks, green spaces, schools, shopping, recreation, Fish Creek Park, and major transportation routes, this is a location designed for families seeking both connection and quality of life.From the moment you arrive, you are greeted by a grand entrance highlighted by elegant tile flooring, soaring ceilings, and an abundance of natural light. The thoughtful floor plan offers both sophistication and functionality, featuring a formal dining room or home office, along with a spacious living room anchored by a beautiful gas fireplace.At the heart of the home lies a spectacular gourmet kitchen designed for both everyday living and entertaining. Rich cabinetry, granite countertops, stainless steel appliances, a gas range, walk-in pantry, bar fridge, and an expansive centre island with seating for six create an impressive gathering space. Adjacent to the kitchen is a bright dining area overlooking the beautifully maintained backyard.Step outside onto the expansive deck and discover a private outdoor retreat. The meticulously maintained lawn and landscaping create a setting that feels both elegant and serene, offering ample space for entertaining, children to play, and pets to roam.The grand staircase leads to the upper level where a stunning picture window fills the home with natural light. A generous bonus room with a beautiful transom window provides the perfect space for family gatherings, movie nights, a playroom, or home office.Three spacious secondary bedrooms and a well-appointed four-piece bathroom complete the upper level. The primary suite is a true retreat, offering room for a king-sized bedroom set, sitting area, walk-in closet, and a spa-inspi red ensuite featuring dual vanities, a deep soaker tub, and a separate shower.The fully developed lower level expands the home's living space even further with a large family room or home theatre, fourth bedroom, additional bathroom, fitness area, and extensive storage.Offering almost 3,000 square feet of beautifully developed living space, four bedrooms, three and a half bathrooms, a double attached garage, underground sprinklers, and numerous thoughtful upgrades, this exceptional property has been designed to accommodate every stage of family life. Recent improvements include a new roof and new carpeting completed in 2022.Beautifully maintained, thoughtfully designed, and ideally located, this is more than a house-it is a place to create memories, celebrate milestones, and truly feel at home. Welcome Home. Book your private showing today!!! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.50 Ft x 6.92 Ft | |
| Bedroom | 13.17 Ft x 10.33 Ft | |
| Recreational, Games room | 17.83 Ft x 18.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 4.58 Ft x 5.00 Ft | |
| Dining room | 6.33 Ft x 12.58 Ft | |
| Kitchen | 15.00 Ft x 12.58 Ft | |
| Living room | 18.25 Ft x 14.42 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.92 Ft x 4.92 Ft | |
| 5pc Bathroom | 10.92 Ft x 11.42 Ft | |
| Primary Bedroom | 16.08 Ft x 15.17 Ft | |
| Bonus Room | 16.25 Ft x 18.00 Ft | |
| Bedroom | 11.42 Ft x 9.25 Ft | |
| Bedroom | 8.92 Ft x 13.83 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
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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
-1.01%
Cap rate
4.66%
GRM
13.9
Break-even rent
$4,633
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 28, 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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