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3419 Morley Trail NW
Beds
8
Baths
3
Sqft
1,533
Year
1956
Type
Single Family
On market
26d
RARE OFFERING - INVESTMENT OPPORTUNITY - CAP RATE OF OVER 6% - 8 bedroom 3.5 bathroom property walking distance to the LRT, U of C, shopping, Schools and additional amenities. RCG ZONING 50X120 Foot BACKING ONTO CATHEDRAL PARK. Main floor hosts a total of 4 bedrooms and 2 fully renovated bathrooms, large kitchen and living areas, laundry and is tastefully furnished and decorated for fully furnished rental tenancies. If there was interest to live upstairs the 4th bedroom can easily be converted back to a second dining room (with the door still there to kitchen behind fridge). The legal registered basement suite features 4 bedrooms, 1.5 bathrooms, in suite laundry, large kitchen/dining area and living room and oversized sunshine windows - again all tastefully furnished and decorated for fully furnished rental tenancies. Seller currently rents up/down for $5500 plus utilities from September until May to U of C students and runs a short term rental business in the Summer. Detached double garage features extra space for storage and two furnaces (2018 and 2024), On demand HW for suite and HWT for upper, AC unit, all appliances and furnishings (excluding some personal items) and sewer line upgraded 2025. Did we mention the beautiful landscaping and yard? Great home with investment opportunity in a fantastic park location. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 6.33 Ft x 10.58 Ft | |
| Bedroom | 13.33 Ft x 10.92 Ft | |
| Bedroom | 12.50 Ft x 9.75 Ft | |
| Bedroom | 12.00 Ft x 12.67 Ft | |
| Bedroom | 11.25 Ft x 11.08 Ft | |
| Kitchen | 15.92 Ft x 13.75 Ft | |
| Recreational, Games room | 12.58 Ft x 15.58 Ft | |
| Furnace | 12.50 Ft x 8.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 5.00 Ft x 7.42 Ft | |
| 4pc Bathroom | 10.08 Ft x 7.50 Ft | |
| Bedroom | 12.17 Ft x 9.92 Ft | |
| Bedroom | 11.25 Ft x 8.58 Ft | |
| Bedroom | 11.17 Ft x 11.00 Ft | |
| Dining room | 11.67 Ft x 13.42 Ft | |
| Foyer | 14.83 Ft x 4.08 Ft | |
| Kitchen | 12.50 Ft x 15.08 Ft | |
| Living room | 18.75 Ft x 12.42 Ft | |
| Primary Bedroom | 11.67 Ft x 11.83 Ft | |
| Storage | 8.42 Ft x 3.00 Ft | |
| Other | 12.08 Ft x 5.75 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
-0.84%
Cap rate
4.70%
GRM
13.9
Break-even rent
$6,301
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 18, 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.