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Reduced $10,000 (2%) from $659,900
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49 Lucas Grove NW
Welcome to this beautifully built home in the vibrant community of Livingston, offering a thoughtfully designed layout and the added value of a fully legal 1-bedroom basement suite. With 3 bedrooms and 2.5 bathrooms above grade, this property delivers both style and versatility for homeowners and investors alike.The main level showcases a refined, contemporary aesthetic with numerous upgrades throughout, including designer cabinet colours, elevated tile selections, and cohesive finishes that create a clean, modern feel. Upstairs, you’ll find three well-proportioned bedrooms, including a spacious primary retreat complete with a private ensuite and ample closet space. The additional bedrooms, bonus room and full bathroom are thoughtfully positioned to accommodate family or guests.The fully legal basement suite offers a private 1-bedroom, 1-bathroom layout with its own entrance and separate laundry, providing excellent potential for rental income, multigenerational living, or added flexibility.Outside, enjoy a professionally built tiered deck that extends your living space and creates a perfect setting for summer gatherings or backyard lounging. The oversized garage adds exceptional functionality with ample room for vehicles and storage. New siding and shingles in 2025.Located in Livingston, a growing north Calgary community known for its amenities, green spaces, and access to major routes, this home presents a complete package of design, comfort, and income potential. Don't miss this great opportunity! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 16.33 Ft x 13.00 Ft | |
| Dining room | 10.08 Ft x 11.92 Ft | |
| Kitchen | 14.50 Ft x 7.00 Ft | |
| Great room | 15.67 Ft x 14.67 Ft | |
| 2pc Bathroom | 5.08 Ft x 5.08 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.92 Ft x 13.17 Ft | |
| 3pc Bathroom | 9.08 Ft x 4.92 Ft | |
| Bedroom | 12.92 Ft x 9.25 Ft | |
| Bedroom | 12.83 Ft x 9.25 Ft | |
| Bonus Room | 8.42 Ft x 13.17 Ft | |
| 4pc Bathroom | 8.92 Ft x 4.92 Ft | |
| Laundry room | 8.25 Ft x 5.33 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 13.00 Ft x 8.75 Ft | |
| Living room | 20.33 Ft x 10.42 Ft | |
| Bedroom | 10.33 Ft x 11.83 Ft | |
| 4pc Bathroom | 8.00 Ft x 4.92 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
-1.10%
Cap rate
4.64%
GRM
13.9
Break-even rent
$4,026
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 10, 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.
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