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Reduced $10,000 (2%) from $549,900
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50 Elgin Meadows Park SE
Beds
2
Baths
3 full + 1 half
Sqft
1,413
Year
2012
Type
Single Family
On market
11d
***HARDWOOD FLOORING on both levels + Double detached garage + Concrete PATIO + Low maintenance Yard + Basement Side entrance + 2 Master Bedrooms*** Absolutely stunning home located on a quiet street in the highly desirable community of McKenzie Towne! This beautifully maintained NO CONDO FEE duplex offers over 1,412 SqFt of thoughtfully designed living space and features 2 spacious primary bedrooms, each with its own private 4-piece ensuite and large walk-in closet. The main floor and upper level showcase gorgeous maple hardwood flooring throughout. The bright and open main floor features 9-foot ceilings, a spacious living room, and a beautifully appointed kitchen complete with granite countertops, a large island perfect for entertaining, stainless steel appliances, ample cabinet and counter space, and a spacious corner pantry. Adjacent to the kitchen is a generous dining area, ideal for family gatherings and entertaining guests. The upper level also includes a good-sized bonus room, perfect for a home office, media area, or additional family space. The unfinished basement features a separate side entrance, offering excellent potential for future development. Step outside to enjoy the sunny, fully landscaped backyard featuring a large concrete patio, sidewalk, and artificial turf with approximately $20K+ in upgrades, creating the perfect low-maintenance outdoor space for you and your family to enjoy. The backyard is fully fenced and provides access to the double detached garage. Conveniently located close to parks, schools, shopping, restaurants, and all major amenities, this move-in-ready home offers exceptional value and pride of ownership throughout. Book your private showing today! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 14.58 Ft x 17.17 Ft | |
| Kitchen | 8.33 Ft x 14.17 Ft | |
| Dining room | 8.58 Ft x 10.50 Ft | |
| 2pc Bathroom | 5.17 Ft x 5.75 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bonus Room | 10.67 Ft x 11.17 Ft | |
| Primary Bedroom | 11.75 Ft x 15.17 Ft | |
| 4pc Bathroom | 4.92 Ft x 7.75 Ft | |
| Other | 5.00 Ft x 6.83 Ft | |
| Primary Bedroom | 11.75 Ft x 12.42 Ft | |
| 4pc Bathroom | 5.00 Ft x 7.50 Ft | |
| Other | 4.58 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
-6.95%
Cap rate
3.47%
GRM
16.7
Break-even rent
$3,359
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 8, 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.