We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
423 3 Avenue NE
Buyer alert automation
Get matching homes sent on your schedule. This uses this home's city, style, bedroom count, and price band as the starting filter.
Choose alert settings, then sign in
Calgary · Multi-family · under $2,800,000. Alerts only send when there are new or meaningfully updated matching homes.
Alert speed
Send by
Watch for
Swipe through similar matches — tap the heart to save, or open one for the full read.
Sixteen Juliet doors and balconies infuse the building with abundant natural light, creating a bright and welcoming environment throughout. This well-maintained four-storey concrete walk-up offers 10 above-grade residential suites with an ideal unit mix: six one-bedrooms, two two-bedrooms, and two three-bedroom suites. Each three-bedroom home features a four-piece main bath and a two-piece ensuite. All suites include private balconies, with several enjoying the advantage of two.The property provides 10 energized, assigned parking stalls and 10 storage lockers, complemented by upgraded hallway flooring, steel doors and frames, and durable concrete construction that delivers long-term performance and excellent sound attenuation. Positioned close to a full range of amenities, the building offers strong tenant appeal and dependable long-term investment value. (id:65958)
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
-0.56%
Cap rate
4.75%
GRM
13.9
Break-even rent
$15,702
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 Jul 6, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
Tebyan Supermarket & Halal Meat
908 Edmonton Trl #3, Calgary, AB T2E 3K1, Canada
4.6★ · 143 reviews
560 m away
straight-line
2.0 km away
straight-line
Dahlak al food store
1208 14 Ave SW Suite 101, Calgary, AB T3C 0V9, Canada
3.9★ · 47 reviews
3.0 km away
straight-line
350 m away
straight-line
810 m away
straight-line
Deepak's Dhaba Indian Food & Market
1032 Centre a St NE, Calgary, AB T2E 2P9, Canada
4.6★ · 890 reviews
970 m away
straight-line
2.4 km away
straight-line
3.8 km away
straight-line
Islamic Information Society of Calgary (IISC)
4128 6 St NE, Calgary, AB T2E 8C8, Canada
4.8★ · 248 reviews
3.9 km away
straight-line
1318 Regal Crescent NE, Calgary, AB T2E 6Y6, Canada
1.0 km away
straight-line
Sunnyside School | Calgary Board of Education
211 7 St NW, Calgary, AB T2N 1S2, Canada
1.9 km away
straight-line
Rosedale School | Calgary Board of Education
905 13 Ave NW, Calgary, AB T2M 0G3, Canada
2.2 km away
straight-line
WB City Hall/Bow Valley College (Free Fare Zone)
Calgary, AB T2G 2M3, Canada
4.1★ · 172 reviews
1.0 km away
straight-line
EB Centre Street Station (Free Fare Zone)
Calgary, AB T2G 5R2, Canada
4.1★ · 19 reviews
1.1 km away
straight-line
C Train
125 7 Ave SE, Calgary, AB T2G 5R2, Canada
4.1★ · 34 reviews
1.1 km away
straight-line