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40 Erin Circle SE
Beds
5
Baths
3 full + 1 half
Sqft
1,154
Year
1993
Type
Single Family
On market
47d
Welcome to 40 Erin Circle SE, a charming and well-maintained home nestled in the family-friendly community of Erin Woods. This inviting property offer 5 bedrooms, 3 bathroom, laundry in main floor and basement, 2 separate kitchen, ideal for live up rent down. The main floor boasts a spacious and bright living room with large bay windows, connected with the dining area. Kitchen is fully equipped with ample cabinetry and stainless steel appliances. You will also find a comfortable primary suite with a 2pc ensuite and walk-in closet, and another 3 good-sized bedrooms, fully updated bathroom with a jetted tub for your relaxing. Basement is fully finished with 2 bedrooms, 1 bathroom, a separate kitchen and a laundry room. Outside, the fenced yard provides the ideal setting for summer gatherings or gardening. With convenient parking, easy access to Peigan Trail, Deerfoot Trail and Stoney Trail, and close proximity to schools, parks, shopping, and transit, this home is a fantastic opportunity for families and first-time buyers alike. Book your private showing today and discover everything 40 Erin Circle SE has to offer! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 10.08 Ft x 7.58 Ft | |
| Bedroom | 12.50 Ft x 9.75 Ft | |
| Bedroom | 12.50 Ft x 9.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 3.42 Ft x 8.58 Ft | |
| 4pc Bathroom | 8.00 Ft x 8.42 Ft | |
| Bedroom | 12.83 Ft x 8.58 Ft | |
| Bedroom | 11.00 Ft x 8.50 Ft | |
| Primary Bedroom | 15.17 Ft x 12.00 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
2.91%
Cap rate
5.45%
GRM
12.3
Break-even rent
$3,050
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 21, 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.