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Calgary · Single Family · under $500,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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359 Maitland Crescent NE
SEVERAL BIG TICKET ITEMS DONE! MASSIVE 28’x28 GARAGE | BASEMENT SUITE POTENTIAL INCREDIBLE OPPORTUNITY in Marlborough Park! Welcome to this solid BUNGALOW offering exceptional potential for homeowners, investors, renovators or anyone looking to build equity in a well-established community.Situated on a QUIET STREET with NO HOMES DIRECTLY ACROSS from the home, you’ll appreciate the added privacy, green space in front and abundant additional street parking. Set on a generous lot, this home offers great bones, a functional layout and some major updates already done: NEW WINDOWS & Exterior Doors, Newer ROOF & a MASSIVE 28' x 28' GARAGE with EV CHARGER rough-in. The paved back alley adds year-round convenience and easy access to the garage.The SUNNY WEST yard is another standout feature, offering the perfect space to enjoy afternoon & evening sun. The yard is also wired for a hot tub and with convenient paved alley access, there is excellent potential to create additional RV parking if desired.Inside, the home features 3 BEDROOMS, a functional floor plan and plenty of opportunity to update and customize to your own style and needs. Whether you are looking to renovate for yourself or as an investment, this property offers tremendous value.The SEPARATE SIDE ENTRANCE to the basement creates future potential for A SECONDARY BASEMENT SUITE (subject to City of Calgary approval), making this an attractive option for buyers looking for mortgage helper potential or long-term investment value.Location is a major highlight. Ideally situated in the family-friendly community of Marlborough Park, this home is within walking distance to schools, parks, playgrounds, transit, the Marlborough Park Community Association, skating rink, ball diamonds and green spaces. Enjoy quick access to major routes including Memorial, Trans-Canada/16 Ave, 52 Street, 68 Street, Stoney & Barlow Trail, making commuting simple with downtown only approx. 15 mins away.You are also just minutes from Marl borough & Sunridge Malls, grocery stores, restaurants, banking and the Marlborough CTrain station.This is a rare chance to purchase a solid property with major potential in a convenient, established neighbourhood. Bring your vision and unlock the possibilities. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 7.83 Ft x 11.75 Ft | |
| Bedroom | 8.83 Ft x 8.50 Ft | |
| Primary Bedroom | 11.75 Ft x 11.17 Ft | |
| Dining room | 8.58 Ft x 11.92 Ft | |
| Kitchen | 15.92 Ft x 11.42 Ft | |
| Living room | 7.42 Ft x 11.75 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
-1.43%
Cap rate
4.58%
GRM
13.9
Break-even rent
$2,813
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 26, 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.
Key nearby — mosques, halal & Islamic schools
Mosque
3.5 km away
3.6 km away
3.9 km away
Al Madinah Islamic Centre
5.8 km away
Al-Hedaya Islamic Centre
6.4 km away
Elementary
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
3.8 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
4.0 km away
4.5 km away
Halal grocery
Shaheen Grocery, Bakery & Halal Meat
3.5 km away
Amir Halal Meats & Grocery
4.0 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.