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4537 21 Avenue NW
Welcome to this beautifully finished semi-attached home offering over 2,800 sq. ft. of professionally developed living space, including a fully legal 2-bedroom basement suite with its own separate entrance. Thoughtfully designed with 5 bedrooms and 3.5 bathrooms, the property offers exceptional flexibility for extended family, guests, or income potential. The main level features 10 ft ceilings, wide-plank engineered oak flooring, extensive custom cabinetry, refined wall paneling, built-in speakers, and custom LED accent lighting that creates a warm, elevated interior. Large south-facing windows bring in excellent natural light, enhancing the open and airy feel throughout.The kitchen is both stylish and highly functional, offering loads of storage space, JennAir appliances, and an expansive central island ideal for everyday living and entertaining. The family room connects seamlessly to the kitchen and is centred around a striking tile-clad gas fireplace. A dedicated main floor office with custom built-ins provides an ideal work-from-home space, while the rear mudroom offers additional cabinetry and built-in storage for everyday functionality.Upstairs, you’ll find three generously sized bedrooms, including a spacious primary retreat with vaulted ceilings and a well-appointed ensuite featuring heated floors and an oversized steam shower. A versatile loft adds valuable additional living space and works well as a media room, study area, or lounge. Upper-floor laundry and a full bathroom complete this level. Built with comfort and efficiency in mind, the home includes triple-pane windows, an instant on-demand water heater, and quality construction details designed for improved performance and year-round comfort.The lower level contains a fully self-contained legal 2-bedroom suite with a full kitchen, full bathroom, private laundry, and separate entrance. This is a rare opportunity to own a meticulously finished property that blends thoughtful design, everyday function ality, and valuable income potential in one exceptional package. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 10.33 Ft x 5.50 Ft | |
| Bedroom | 10.33 Ft x 10.33 Ft | |
| Bedroom | 10.75 Ft x 11.50 Ft | |
| Kitchen | 9.67 Ft x 15.08 Ft | |
| Recreational, Games room | 10.33 Ft x 15.08 Ft | |
| Furnace | 10.75 Ft x 6.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 4.92 Ft x 5.42 Ft | |
| Dining room | 14.75 Ft x 13.42 Ft | |
| Foyer | 7.17 Ft x 6.42 Ft | |
| Kitchen | 14.25 Ft x 15.50 Ft | |
| Living room | 14.50 Ft x 13.83 Ft | |
| Other | 7.42 Ft x 7.58 Ft | |
| Office | 5.50 Ft x 6.42 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 8.42 Ft | |
| 5pc Bathroom | 17.50 Ft x 8.83 Ft | |
| Bedroom | 9.83 Ft x 11.42 Ft | |
| Bedroom | 9.83 Ft x 9.92 Ft | |
| Family room | 10.08 Ft x 15.92 Ft | |
| Laundry room | 5.92 Ft x 6.92 Ft | |
| Primary Bedroom | 16.08 Ft x 12.67 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
-0.80%
Cap rate
4.71%
GRM
13.9
Break-even rent
$6,446
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 Jun 13, 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.
Key nearby — mosques, halal & Islamic schools
Mosque
3.7 km away
7.3 km away
12.1 km away
12.6 km away
14.2 km away
Elementary
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
12.0 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
12.4 km away
12.8 km away
Halal grocery
Amir Halal Meats & Grocery
12.5 km away
Shaheen Grocery, Bakery & Halal Meat
14.7 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.