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399 Maitland Crescent NE
Beds
4
Baths
2
Sqft
980
Year
1978
Type
Single Family
On market
40d
** OPEN HOUSE SATURDAY MAY 9: 1 - 3PM - SEE YOU THERE! ** Welcome to this fully turnkey bungalow in the established community of Marlborough Park, offering incredible value for first time home buyers looking to step into ownership with confidence. This home has seen a number of key upgrades over the years including newer windows, furnace, hot water tank, HRV unit, fresh paint, along with updated fencing and deck railings, giving you peace of mind and minimizing future expenses.The main floor features a bright and functional layout with plenty of natural light, while the fully finished basement adds additional living space, perfect for a growing family, home office, or rec room. Pending approval form the City of Calgary, a separate entrance to the basement opens the door for future secondary suite potential, making this an excellent opportunity for those looking to offset their mortgage or invest down the road.Outside, you will find a spacious, fully fenced yard with room to relax, entertain, or let pets and kids play freely. Located on a quiet street and close to schools, parks, shopping, and transit, this home checks all the boxes for convenience and long term livability.If you have been waiting for a move-in ready home with smart upgrades and future upside, this is one you don’t want to miss. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 18.00 Ft x 12.67 Ft | |
| Recreational, Games room | 18.67 Ft x 12.00 Ft | |
| Bedroom | 13.00 Ft x 8.00 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 14.25 Ft x 14.00 Ft | |
| Other | 13.83 Ft x 13.00 Ft | |
| Primary Bedroom | 13.25 Ft x 9.33 Ft | |
| Bedroom | 10.00 Ft x 8.00 Ft | |
| Bedroom | 8.00 Ft x 7.67 Ft | |
| 4pc Bathroom | .00 Ft x .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
-1.23%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,237
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.
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 14, 2026.
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Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.