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44 Canoe Square SW
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Beds
5
Baths
3
Sqft
1,461
Year
2003
Type
Single Family
On market
33d
Huge Price Reduction. Opportunity awaits in the highly desirable community of The Canals! This charming one-and-a-half-storey home, attached only at the garage, offers complete privacy between living spaces and boasts over 2,421 sq. ft. of developed living space on an oversized, fully fenced lot. Step into a spacious foyer that leads to bright and welcoming living and dining areas, enhanced by large windows that flood the home with natural light. The kitchen is well-appointed with ample cabinetry, stainless steel appliances, a skylight, and a full pantry providing exceptional storage space. The upper level features a spacious primary bedroom complete with a walk-in closet and a private 4-piece ensuite. The main floor includes two additional bedrooms, a full 4-piece bathroom, and comfortable living and dining spaces perfect for family living. The fully developed basement adds even more versatility with a large recreation area, kitchenette, and a two-bedroom illegal suite that offers excellent rental income potential. Recent updates include: roof replacement (2022), gutters and some siding replaced (2022), kitchen renovation (2022), full interior paint (2022), upper-floor carpet replacement (2022), upper-floor flooring replacement (2022), and hot water tank replacement (2019). Conveniently located near schools, shopping, restaurants, and everyday amenities, this home presents exceptional value in one of Airdrie’s most established communities. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Other | 13.58 Ft x 21.33 Ft | |
| Other | 8.08 Ft x 7.58 Ft | |
| 4pc Bathroom | 4.83 Ft x 8.75 Ft | |
| Laundry room | 3.25 Ft x 5.17 Ft | |
| Bedroom | 9.58 Ft x 9.17 Ft | |
| Bedroom | 13.08 Ft x 11.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 10.08 Ft x 10.00 Ft | |
| Kitchen | 14.50 Ft x 14.25 Ft | |
| Dining room | 14.50 Ft x 10.33 Ft | |
| Bedroom | 10.00 Ft x 9.17 Ft | |
| Living room | 13.50 Ft x 14.00 Ft | |
| 4pc Bathroom | 8.92 Ft x 4.92 Ft | |
| Bedroom | 10.75 Ft x 9.50 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.50 Ft x 15.58 Ft | |
| Other | 7.50 Ft x 4.50 Ft | |
| 4pc Bathroom | 7.33 Ft x 10.67 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
0.69%
Cap rate
5.00%
GRM
13.1
Break-even rent
$3,237
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.
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 Jun 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.