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4008 36 Street NW
Beds
7
Baths
4
Sqft
1,905
Year
1963
Type
Single Family
On market
54d
OPEN HOUSE: April 19, Sunday Afternoon 1:00pm-4:00pm. Location! Location! Location! This exceptionally raised bungalow in Varsity is a premier income-generator, featuring a legal basement suite and a main-level mother-in-law living space that only these two together produce $3,400 in monthly rental income. More significantly, the home includes a spacious primary residence and a private, south-facing master bedroom with its own separate entrance. Total living space is over 3,000 sqft. This property is located on a quiet cul-de-sac large lot with 8,342sqft ( 59.4ft x 140.8ft), it offers a high-yield opportunity for investors or homeowners looking for a substantial mortgage helper and making it a rare find in today's market. The front main level features an energy-efficient 4x4 cedar chalet-style ceiling with a skylight over the dining area, and provides a living room with a west facing large window, a dining area, a nice kitchen with updated cabinetry, granite counters, a breakfast area, an updated large window towards the backyard, two west facing bedrooms, one 4-pc family bathroom, a family room with a gas fireplace, and a rear primary bedroom with a 3pc ensuite, large south facing windows and a door towards backyard. At the rear of the main level also offers a fully wheelchair accessible mother-in-law living space, complete with its own Kitchenette, spacious living area, stained glass feature windows and views of the low-maintenance back garden, it is ideal for extended family living, guests, or future potential use. The fully finished basement features a legal suite with 3 west facing bedrooms, a cozy living area, a functional kitchen and 4pc bathroom. The yard is landscaped, and the back garden contains a patio, fruit trees, and two sheds. The home is in a prime area with walking distance to the Brentwood C-train and Buses Stations, U of C, top ranking Schools including famous Sir Winston Churchill High School with IB program, Northland and Brentwood Shopping Cen ters, Market Mall, Brentwood Library and Swimming Pool. Easy access to Crowchild Trail and Shaganappi Trial to National Parks, SAIT, Downtown, Children’s Hospital and Foothill Hospital. Please check out the 3D tour and book your showing now! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.42 Ft x 13.67 Ft | |
| Bedroom | 9.00 Ft x 13.67 Ft | |
| Bedroom | 11.58 Ft x 12.00 Ft | |
| Kitchen | 7.50 Ft x 12.75 Ft | |
| 4pc Bathroom | 5.83 Ft x 7.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 19.50 Ft x 21.92 Ft | |
| Dining room | 6.17 Ft x 6.67 Ft | |
| Kitchen | 9.83 Ft x 14.42 Ft | |
| Bedroom | 9.42 Ft x 11.33 Ft | |
| Bedroom | 9.50 Ft x 11.33 Ft | |
| 4pc Bathroom | 6.92 Ft x 7.33 Ft | |
| Family room | 9.92 Ft x 15.75 Ft | |
| Primary Bedroom | 12.17 Ft x 15.58 Ft | |
| 3pc Bathroom | 4.17 Ft x 7.08 Ft | |
| Bonus Room | 18.25 Ft x 18.92 Ft | |
| Other | 6.58 Ft x 8.92 Ft | |
| Bedroom | 9.00 Ft x 10.17 Ft | |
| 4pc Bathroom | 6.25 Ft x 7.50 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
-0.85%
Cap rate
4.70%
GRM
13.9
Break-even rent
$5,713
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 Jun 9, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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