We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
Reduced $6,000 (3%) from $235,000
Swipe through similar matches — tap the heart to save, or open one for the full read.
412, 5 Saddlestone Way NE
Beds
2
Baths
1
Sqft
681
Year
2014
Type
Single Family
On market
61d
IMMACULATE TOP-FLOOR LIVING WITH NEW UPGRADES! Discover incredible value in this freshly updated 2-bedroom condo, featuring BRAND-NEW CARPET and FRESH PAINT throughout. Perfectly positioned for investors seeking a turnkey rental or buyers wanting a pristine, move-in-ready home, this unit offers the rare "new home" feel with the benefit of LOW CONDO FEES. Featuring brand-new, never-used carpet, nearly 700 sq.ft. of open-concept space with a peaceful PARK/POND VIEW from your south facing patio, a setting you’ll appreciate every day. The open-concept kitchen shines with stunning stone countertops and dark rich cabinetry. The additional large counter with space for stools, makes it the perfect spot for everyday use, casual meals or hosting family and friends. The kitchen flows into the bright main living area providing a peaceful place to relax after a long day. The dining area is the perfect place to gather with family and friends for meals and special occasions. Enjoy the convenience of in-suite laundry, and a layout that maximizes every square foot.The primary bedroom offers plenty of room to unwind and includes a large closet, while the second bedroom is also nicely sized and features its own closet. A 4-piece bathroom completes the layout with stylish stone counters. Step outside to your balcony, ideal for BBQs, fresh air, and quiet moments outdoors. Other notable features include IMMEDIATE POSSESSION AVAILABILITY, low condo fees, and a conveniently located parking stall close to the main entrance. The elevator is also conveniently located close to your unit for easy access in and out. Located steps from the Saddletown C-Train, Genesis Centre, and local dining, this home offers an unbeatable lifestyle or investment opportunity. Note: Some Photo's are virtually staged in listing. This Condo offers excellent value for first-time buyers, professionals, downsizers, or anyone looking for a reliable investment opportunity. Schedule your showing today and come see everyt hing this property has waiting for you! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.00 Ft x 7.50 Ft | |
| Bedroom | 9.92 Ft x 11.08 Ft | |
| Dining room | 10.25 Ft x 13.67 Ft | |
| Kitchen | 7.83 Ft x 7.92 Ft | |
| Living room | 8.83 Ft x 13.67 Ft | |
| Primary Bedroom | 11.75 Ft x 9.17 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
10.63%
Cap rate
6.99%
GRM
10.0
Break-even rent
$1,473
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.
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 10, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.