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416 Thornhill Place NW
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Beds
4
Baths
3 full + 1 half
Sqft
2,501
Year
1965
Type
Single Family
On market
24d
NEW PRICE — Exceptional value for this spacious 2,500 sq.ft. home with immediate possession available. Welcome to this bright and beautifully modernized residence located in the mature inner-city community of Thorncliffe, ideally situated on a quiet tree-lined street just minutes from downtown Calgary. Lovingly maintained by proud homeowners, this thoughtfully renovated property offers the perfect blend of modern comfort, functional living, and established neighborhood charm. Set on a wide conventional lot, this home features 4 generously sized bedrooms and 2.5 bathrooms above grade. The main floor showcases a bright and inviting living room filled with natural light, a convenient 2-piece powder room, and a stunning gourmet kitchen complete with quartz countertops, a large central island, gas stove, built-in oven, chimney hood fan, and custom white oak cabinetry with full-depth soft-close drawers. The spacious dining area, anchored by a beautiful walnut dining table included in the sale, flows seamlessly into the sunroom and out onto the large rear deck, creating an ideal space for both everyday living and entertaining. The upper level offers a spacious family room with beautiful downtown views, four well-proportioned bedrooms, and two full bathrooms. The primary retreat is bright and airy, featuring a versatile private den ideal for a reading nook, nursery, home office, or future custom closet, along with a spa-inspired 5-piece ensuite. The approximately 1,000 sq.ft. basement remains unspoiled and includes a separate entrance, providing endless potential for future development tailored to your needs. Step outside to enjoy the private backyard featuring a large deck perfect for summer barbecues and outdoor gatherings, a substantial storage shed, and a generous garden bed ready for the avid gardener. The wide lot configuration also provides excellent potential for future garage development. Enjoy an unbeatable location just steps from the Nose Hill Park pathway syste m with quick access to Deerfoot Trail, McKnight Boulevard, Centre Street, 4th Street, 14th Street, and John Laurie Boulevard. Transit access is excellent with nearby routes including 2, 3, 300, and MAX Green. Conveniently located close to Superstore, Save-On-Foods, No Frills, Starbucks, GoodLife Fitness, Walmart, Canadian Tire, Shoppers Drug Mart, medical clinics, pharmacies, and more. Families will appreciate the close proximity to Thorncliffe Elementary, Colonel Sanders School (K-12), Sir John A. Macdonald School, John G. Diefenbaker High School, and James Fowler High School. Investor Alert: Potential future rezoning opportunity for duplex development or two separate single-family homes. Please contact the listing agent for additional details. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.17 Ft x 6.92 Ft | |
| Dining room | 13.08 Ft x 13.33 Ft | |
| Other | 9.83 Ft x 26.58 Ft | |
| Kitchen | 13.58 Ft x 13.50 Ft | |
| Living room | 20.67 Ft x 13.67 Ft | |
| Sunroom | 11.42 Ft x 9.42 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.25 Ft x 10.00 Ft | |
| 5pc Bathroom | 13.00 Ft x 8.33 Ft | |
| Bedroom | 10.00 Ft x 14.00 Ft | |
| Bedroom | 10.08 Ft x 10.00 Ft | |
| Bedroom | 13.00 Ft x 15.92 Ft | |
| Den | 13.33 Ft x 7.67 Ft | |
| Family room | 14.83 Ft x 17.67 Ft | |
| Primary Bedroom | 13.83 Ft x 15.83 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
-6.60%
Cap rate
3.54%
GRM
16.6
Break-even rent
$5,233
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.
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.