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Reduced $15,000 (1%) from $1,065,000
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471 Canals Boulevard SW
Beds
4
Baths
4 full + 1 half
Sqft
2,516
Year
2015
Type
Single Family
On market
39d
Cul-de-sac location… with Boulevard in the address—how is that even possible? Welcome to one of the most exclusive and coveted locations in all of The Canals, and arguably Airdrie. Backing directly onto the canal, this extraordinary executive home offers uninterrupted water views from every single room—an incredibly rare and sought-after setting. From the moment you step inside, you’re greeted by soaring vaulted ceilings and a grand, light-filled entrance that immediately sets the tone. The main living space is nothing short of spectacular, featuring expansive windows that span the entire rear of the home, perfectly framing those breathtaking canal views while flooding the space with natural light. The kitchen is a true chef’s dream, fully upgraded with waterfall granite countertops, high-end appliances, a gas cooktop, built-in double ovens, a wine fridge, and a walk-in pantry, all designed to seamlessly flow into the spacious dining area and out onto the show-stopping two-tiered deck—perfect for entertaining, relaxing, and enjoying the peaceful waterfront lifestyle. The yard offers ample space for family activities along with a dedicated dog run for your furry companions. The main floor is complete with a thoughtfully designed mudroom featuring built-in lockers for added convenience. Upstairs, the views continue with two generously sized bedrooms overlooking the canal, while the primary retreat is nothing short of exceptional, offering stunning water views, a luxurious 5-piece ensuite, and a spacious walk-in closet. A large bonus room completes the upper level, once again showcasing those incredible canal views. The fully finished basement elevates the home even further with a dream mother-in-law suite(legal), complete with a beautifully finished kitchen, an inviting family room, a large bedroom, and a double-vanity bathroom—ideal for extended family or guests. Additional highlights include an oversized heated garage (heater installed in 2025), New Carpets (2025), two new A/C units (2022), a hot water tank (2022), a new water softener (2025), a storage shed, and extra parking. This home has been immaculately maintained and showcases pride of ownership throughout. This isn’t just a home—it’s a lifestyle, offering waterfront living, unmatched views, and a location that simply cannot be replicated. You truly have to see it to believe it. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Other | 6.75 Ft x 15.58 Ft | |
| Recreational, Games room | 10.17 Ft x 15.58 Ft | |
| Bedroom | 14.08 Ft x 17.83 Ft | |
| Other | 5.17 Ft x 10.67 Ft | |
| Furnace | 12.58 Ft x 11.42 Ft | |
| Storage | 9.08 Ft x 11.00 Ft | |
| 4pc Bathroom | 14.25 Ft x 6.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 12.75 Ft x 7.50 Ft | |
| Kitchen | 9.92 Ft x 16.42 Ft | |
| Laundry room | 8.67 Ft x 12.33 Ft | |
| Living room | 17.17 Ft x 18.50 Ft | |
| Living room | 17.17 Ft x 16.42 Ft | |
| 2pc Bathroom | 4.67 Ft x 6.33 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 16.42 Ft x 19.00 Ft | |
| Primary Bedroom | 17.17 Ft x 12.92 Ft | |
| Other | 9.33 Ft x 7.58 Ft | |
| Bedroom | 11.17 Ft x 10.08 Ft | |
| Bedroom | 9.50 Ft x 12.33 Ft | |
| 4pc Bathroom | 4.92 Ft x 8.50 Ft | |
| 5pc Bathroom | 9.33 Ft x 16.25 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
-0.83%
Cap rate
4.70%
GRM
13.9
Break-even rent
$6,453
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 4, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Airdrie. 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.