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347 Hillcrest Heights SW
OPEN HOUSE THIS SATURDAY JUNE 13TH 1-3 PM! This absolutely gorgeous WALKOUT home is located on the nicest street in Hillcrest, backing directly onto the park and green space. Located high on the hill, the views from this home are simply outstanding. This family-friendly community is a great place to raise your children with Northcott Prairie School just a short jaunt away. Inside, you'll love the neutral tones and the warm vinyl flooring. Large windows across the back of the home and 9 foot ceilings maximize the views and create a bright and airy atmosphere. The beautiful kitchen has full height cabinetry, a central island with stone counters and modern appliances. The living room is a cozy place to gather with a gas fireplace as the focal point. The dining area has sliding doors that to the full-width walkout deck, which has stairs that conveniently lead down to the yard. A bonus is the main floor nook that functions well as a home office. A large walk-through pantry and a 2 piece bath complete this level. Heading upstairs, you'll appreciate that the large bonus room divides the Master bedroom from the other 2 bedrooms creating a functional layout. The primary suite offers ample space with a luxurious 5 piece ensuite that includes an oversized tiled shower, a deep soaker tub and dual sinks. There is also an abundance of shelving for storage and a huge walk-in closet. The upper level also has two additional bedrooms, a 4 piece bath and upper laundry. The fully finished walkout basement has been intelligently laid out with a spacious rec area, a 4th bedroom and a 4-piece bath. Outside, the yard has everything you could possibly want with a full-width deck, a dog run, a playset and a gate that leads out to the park beyond. Hillcrest is an excellent community with quick access to Deerfoot, shopping, pathways and schools. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.00 Ft x 5.17 Ft | |
| Bedroom | 11.25 Ft x 11.42 Ft | |
| Recreational, Games room | 12.50 Ft x 23.42 Ft | |
| Furnace | 11.25 Ft x 8.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 2.83 Ft x 6.92 Ft | |
| Dining room | 8.92 Ft x 16.50 Ft | |
| Foyer | 7.83 Ft x 14.00 Ft | |
| Kitchen | 12.42 Ft x 14.50 Ft | |
| Living room | 19.17 Ft x 10.50 Ft | |
| Office | 8.00 Ft x 5.67 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 10.75 Ft x 7.00 Ft | |
| 5pc Bathroom | 10.33 Ft x 15.92 Ft | |
| Bedroom | 10.92 Ft x 12.25 Ft | |
| Bedroom | 10.92 Ft x 12.25 Ft | |
| Family room | 23.75 Ft x 17.50 Ft | |
| Laundry room | 6.75 Ft x 5.50 Ft | |
| Primary Bedroom | 25.00 Ft x 14.92 Ft | |
| Other | 13.00 Ft x 4.67 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
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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
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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
-0.94%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,240
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 13, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.