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Calgary · Single Family · under $700,000 · 3+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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392 Redstone Drive NE
Welcome to this exceptionally WELL-MAINTAINED, MOVE-IN READY home offering over 1,745 SQ. FT. OF DEVELOPED LIVING SPACE, including a FULLY FINISHED BASEMENT WITH SEPARATE SIDE ENTRANCE— Perfect for growing families or savvy buyers, this property provides excellent flexibility and potential for multi-generational living or POTENTIAL RENTAL INCOME. The main floor features a BRIGHT, OPEN-CONCEPT LAYOUT with large windows that fill the space with natural light. Enjoy a spacious living area, a well-appointed kitchen with modern finishes, ample cabinetry, and a convenient pantry, along with a functional mudroom and 2-piece powder room. Step outside to a charming front porch or relax on the PRIVATE REAR DECK, perfect for entertaining. Upstairs, you’ll find 3 generously sized bedrooms, including a spacious primary suite with TWO WALK-IN CLOSETS and a private ensuite. A full bathroom and UPPER-LEVEL LAUNDRY add comfort and convenience for everyday living. The fully developed basement, with its own separate entrance expands your living options significantly. It includes a family/recreation room, a fourth bedroom, a kitchen, a full bathroom, and a dedicated laundry area—making it an excellent set-up for extended family, guests, home office or potential secondary suite use (subject to approval and permitting by the city/municipality). Located in a FAMILY-FRIENDLY COMMUNITY of Redstone, close to parks, playgrounds, schools, shopping, public transit, and major roadways, this home offers an excellent balance of comfort, functionality, and location. A fantastic opportunity you won’t want to miss. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 8.25 Ft x 10.25 Ft | |
| Storage | 3.58 Ft x 6.92 Ft | |
| Kitchen | 4.50 Ft x 10.25 Ft | |
| Family room | 10.00 Ft x 11.75 Ft | |
| Furnace | 7.33 Ft x 12.17 Ft | |
| 4pc Bathroom | 4.92 Ft x 7.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 10.00 Ft x 13.17 Ft | |
| Dining room | 7.92 Ft x 13.17 Ft | |
| Kitchen | 11.08 Ft x 13.17 Ft | |
| Pantry | 1.42 Ft x 4.75 Ft | |
| 2pc Bathroom | 4.92 Ft x 5.08 Ft | |
| Other | 4.17 Ft x 7.50 Ft | |
| Other | 5.00 Ft x 5.75 Ft | |
| Other | 3.75 Ft x 4.00 Ft | |
| Other | 9.75 Ft x 8.25 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 8.92 Ft x 9.58 Ft | |
| 4pc Bathroom | 5.17 Ft x 8.92 Ft | |
| Laundry room | 3.08 Ft x 3.33 Ft | |
| Primary Bedroom | 10.25 Ft x 12.58 Ft | |
| Other | 4.17 Ft x 6.00 Ft | |
| 3pc Bathroom | 4.92 Ft x 9.00 Ft | |
| Bedroom | 8.92 Ft x 9.00 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
-1.03%
Cap rate
4.66%
GRM
13.9
Break-even rent
$3,966
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 Apr 8, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
Hazrat Bilal Islamic Center
4.4 km away
Al-Hedaya Islamic Centre
5.2 km away
Al Madinah Islamic Centre
5.8 km away
8.2 km away
9.7 km away
Elementary
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
9.9 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
13.9 km away
14.7 km away
Halal grocery
Shaheen Grocery, Bakery & Halal Meat
8.1 km away
Amir Halal Meats & Grocery
13.9 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.