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403 30 Avenue NW
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Beds
4
Baths
2
Sqft
1,183
Year
1957
Type
Single Family
On market
31d
Located in the desirable community of Mount Pleasant, this raised bungalow sits on a 6,000 sq. ft. corner lot measuring 50 ft. x 120 ft. and offers a rare opportunity for homeowners, investors, or those seeking additional living space with an illegal lower suite. Full of well-preserved 1950s character, the home features approximately 1,200 sq. ft. on each level, four bedrooms, two full bathrooms, a double detached garage, and a thoughtfully designed outdoor space. The main floor welcomes you with a spacious entryway that opens into a bright living room filled with natural light from the large windows. Original hardwood flooring adds warmth and timeless appeal throughout much of the upper level. The dining area creates an inviting setting for everyday meals or entertaining, with room to comfortably host family and friends while enjoying views toward the downtown skyline and Bow Tower in the evening. The kitchen includes a cozy eating nook for casual dining or morning coffee. Two well-sized bedrooms and a four-piece bathroom complete the main level. The lower level features an illegal suite with its own separate ground-level entrance and furnace, offering excellent flexibility for multi-generational living or potential rental income. Updated with new luxury vinyl plank flooring, the space includes a comfortable living room, kitchen, two additional bedrooms, and a four-piece bathroom. A shared lower-level laundry area with sink and additional storage space adds everyday convenience and functionality for both levels of the home. Outside, the south-facing backyard is ideal for gardeners and outdoor enjoyment, with planter boxes, a large grassy area, and a patio with a firepit for relaxing or entertaining. Alley access leads to the double detached garage, while a paved pad behind the garage provides additional off-street parking. Additional updates include a new hot water tank installed in 2021. This location offers exceptional convenience, situated just two blocks from Q ueen's Park and steps from Confederation Park, where you can enjoy pathways, playgrounds, a pump track, splash park, golf course, and more. The home is located along a dedicated bike path leading directly toward downtown, adding to the convenience of this highly accessible location. Residents will appreciate the easy access to downtown Calgary, public transit, nearby schools, Southern Alberta Institute of Technology, and University of Calgary, along with a wide variety of nearby shops, restaurants, and everyday amenities. Take advantage of your opportunity to see this incredible property in person, book your showing today! Be sure to check out the floor plans and 3D tour for a closer look before your visit. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.83 Ft x 6.83 Ft | |
| Bedroom | 9.58 Ft x 14.25 Ft | |
| Bedroom | 12.17 Ft x 9.83 Ft | |
| Kitchen | 12.50 Ft x 11.67 Ft | |
| Laundry room | 16.08 Ft x 14.33 Ft | |
| Living room | 23.25 Ft x 10.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 9.08 Ft x 7.08 Ft | |
| Bedroom | 12.58 Ft x 12.58 Ft | |
| Dining room | 10.25 Ft x 13.25 Ft | |
| Kitchen | 12.58 Ft x 14.25 Ft | |
| Living room | 18.92 Ft x 13.25 Ft | |
| Primary Bedroom | 13.42 Ft x 12.33 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
-6.57%
Cap rate
3.55%
GRM
16.6
Break-even rent
$5,537
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 19, 2026.
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.