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Calgary · Single Family · under $550,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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47 Martinridge Way NE
****Location Location Location *** Right in the heart of Martindale ,Live Up /Rent Down .Mortagage Helper. LEGAL BASEMENT SUITE WITH SEPARATE ENTRY!! Welcome to this beautiful two story house in Martindale that is close to all the amenities such as multiple bus stops, LRT station , Genesis center, public parks and schools kindergarden to 9 grade make it ideal home for first time home buyer family with kids. This house consists of 3 bedrooms and 1 full bath upstairs and a half bathroom on the main floor. The kitchen consists of stainless steel appliances leading the door to the beautiful backyard that is fully fenced and has a good sized deck for the bbq parties during summer. The basement is a LEGAL SUITE with separate entrance and has 1 full bed and bath with separate laundry dedicated to the people living in the basement currently rented.Large Double detached Garage ideal for parking ,upgraded security system. Has had many upgrades like new paint ,new Furnace and water tank in 2017, roof and sidings in 2020, new windows in November 2021. seperate entrance and Dryer/Washer .Basement recently upgraded with recent upgrade .Very good investment/starter property. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 1.53 M x 4.15 M | |
| Bedroom | 2.75 M x 3.35 M | |
| 3pc Bathroom | 1.83 M x 1.25 M | |
| Recreational, Games room | 3.35 M x 3.34 M |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 1.25 M x 1.55 M | |
| 2pc Bathroom | 1.20 M x 1.52 M |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 3.61 M x 3.63 M | |
| Bedroom | 2.76 M x 2.44 M | |
| 4pc Bathroom | 1.55 M x 2.13 M | |
| Bedroom | 2.70 M x 2.40 M |
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
-1.26%
Cap rate
4.61%
GRM
13.9
Break-even rent
$3,111
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 Jul 4, 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.
YYC Halal Meats Fish & Grocery
3770 Westwinds Dr NE #322, Calgary, AB T3J 5H3, Canada
4.8★ · 321 reviews
1.2 km away
straight-line
1.6 km away
straight-line
Alnoor Halal Meat & Grocery
5075 Falconridge Blvd NE Unit 842, Calgary, AB T3J 3K9, Canada
3.7★ · 118 reviews
1.8 km away
straight-line
3.6 km away
straight-line
4.3 km away
straight-line
5.3 km away
straight-line
Anjuman E Vajihi - Dawoodi Bohra Community Hall
55 Westwinds Crescent NE, Calgary, AB T3J 5H2, Canada
4.8★ · 38 reviews
930 m away
straight-line
Dawat-e-Islami Canada (Faizan-e-Madina Islamic Centre Calgary)
32 Westwinds Crescent NE, Calgary, AB T3J 2E7, Canada
4.7★ · 56 reviews
1.0 km away
straight-line
Baitul Mukarram Islamic Centre Calgary
3770 Westwinds Dr NE Unit 207, Calgary, AB T3J 5H3, Canada
4.8★ · 70 reviews
1.2 km away
straight-line
Taradale School | CBE
170 Taravista Drive NE, Calgary, AB T3J 5B1
1.9 km away
straight-line
Light of Christ School | CCSD
6270 Saddlehorn Drive NE, Calgary, AB T3J 0L8
2.3 km away
straight-line
Ted Harrison School | CBE
215 Taravista Way NE, Calgary, AB T3J 4L1
2.4 km away
straight-line
Saddletowne Station
Saddle Ridge, Calgary, AB T3J 4K7, Canada
4.2★ · 85 reviews
1.6 km away
straight-line
Rundle LRT Station (NB 36 ST NE @ 24 AV NE)
Calgary, AB T1Y 4M7, Canada
3.8★ · 59 reviews
4.6 km away
straight-line
Marlborough LRT Station (EB Marlborough DR)
Calgary, AB T2A 5M2, Canada
3.6★ · 21 reviews
6.2 km away
straight-line