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Reduced $49,000 (3%) from $1,438,000
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438 Candle Place SW
Beds
5
Baths
5 full + 2 half
Sqft
3,061
Year
1997
Type
Single Family
On market
13d
Welcome to this stunning custom built two-storey home in the prestigious Canyon Creek Estates, featuring a rare triple garage and set on an oversized corner lot. Offering over 4,500 sq ft of beautifully finished living space, this residence combines timeless design, thoughtful upgrades, and exceptional pride of ownership throughout.The main floor makes an immediate impression with gleaming hardwood floors, soaring 9-foot ceilings, and elegant plantation shutters. The chef-inspired white kitchen features granite countertops, tile backsplash, a gas cooktop, and a generous pantry, seamlessly connecting to a bright and inviting dining area. The expansive family room is anchored by a striking stone-faced fireplace, creating a warm and welcoming focal point. A formal dining room, separate living room, dedicated main-floor office, 2-piece powder room, and an oversized laundry/mudroom complete this well-designed level.Upstairs, you will find four spacious bedrooms, including a king-sized primary suite with a walk-in closet and a luxurious 5-piece onyx ensuite designed for comfort and relaxation.The fully finished basement extends the living space with 9-foot ceilings, a large recreation room with custom built-ins, an additional bedroom, a 2-piece ensuite, and a separate 3-piece bathroom featuring a steam shower for a spa-like experience.Outside, the professionally landscaped yard is designed for both beauty and function, featuring red shale, large boulders, a concrete pad for extra parking, and a maintenance-free deck perfect for entertaining. A lifetime rubber roof adds long-term peace of mind. The heated triple car garage includes hot and cold water taps and a convenient side door for everyday practicality.Recent upgrades provide exceptional value and confidence, including lighting updates (2026), refreshed deck and upgraded upstairs bathroom shower and sinks and vanity (2025), central air conditioning and upgraded primary ensuite shower, sinks and vanity (2024) , new dishwasher (2023), full Poly-B to PEX plumbing replacement and two new hot water tanks (2022), and refinished hardwood floors (2019).Ideally located steps from Fish Creek Park and within walking distance to top rated schools, transit, recreation facilities, and the exclusive Canyon Meadows Golf & Country Club, this home offers a rare blend of lifestyle, space, and convenience in one of Calgary’s most sought-after communities.This is a home that has been consistently cared for, thoughtfully upgraded, and genuinely loved over the years. Every improvement reflects pride of ownership and long term attention to detail, creating a property that is truly move in ready and built for lasting comfort.A rare opportunity to own a beautifully maintained estate home in an exceptional location designed for both everyday living and unforgettable moments. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 21.17 Ft x 28.42 Ft | |
| Bedroom | 12.58 Ft x 10.92 Ft | |
| 3pc Bathroom | — | |
| 1pc Bathroom | — | |
| Storage | 12.75 Ft x 12.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Dining room | 11.00 Ft x 18.08 Ft | |
| Family room | 15.75 Ft x 15.75 Ft | |
| Foyer | 9.25 Ft x 10.75 Ft | |
| Kitchen | 14.92 Ft x 11.58 Ft | |
| Living room | 16.25 Ft x 12.83 Ft | |
| Office | 10.67 Ft x 12.08 Ft | |
| 2pc Bathroom | — |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 19.58 Ft x 16.58 Ft | |
| Bedroom | 14.00 Ft x 11.83 Ft | |
| Bedroom | 15.50 Ft x 12.00 Ft | |
| Bedroom | 15.08 Ft x 12.83 Ft | |
| 5pc Bathroom | — | |
| 4pc Bathroom | — |
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
-0.75%
Cap rate
4.71%
GRM
13.9
Break-even rent
$8,509
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 Jun 5, 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.