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506 High Park Boulevard NW
Beds
5
Baths
3
Sqft
1,544
Year
2006
Type
Single Family
On market
29d
Beautiful fully finished 5 bedroom walk out bungalow, with double attached garage that backs onto green space. This property is close to a lake, walk paths, playgrounds/waterpark, a school and the High Wood golf course. The main level boasts beautiful hardwood and tile, has 2 bedrooms, 2 full bathrooms, a den, main level laundry, a large primary bedroom with walk in closet and 5pc en-suite, with soaker tub and separate shower. The kitchen has granite counters, stainless appliances, a large island and walk through pantry. Livingroom has a cozy gas fireplace and the dinning room has plenty of room for entertaining. There is also a large back deck(with stairs to the yard) for the morning coffee, or afternoon BBQ. The fully finished walk out basement has in floor heat, is home to 3 good sized bedrooms, with huge closets, a hobby room, a family room and a rec room. It also has a 4pce bathroom, and storage. The backyard is fenced, has a cozy patio, and is tastefully done. The property also has underground irrigation and central air conditioning. Call your favorite Realtor and come and see all this home has to offer. Recent Updates & Additions: New furnace - 10-year warranty (2025), New basement flooring (2024), Main floor paint (2024), New Toilets (2024), Garage insulated and painted (2025), New light fixtures on the main floor (2024), Stairs and privacy screen on the back deck (2025), New locks and door pads (upstairs and down)2024, Irrigation repaired and realigned (2025). (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 15.58 Ft x 12.25 Ft | |
| Exercise room | 17.42 Ft x 12.00 Ft | |
| Other | 12.00 Ft x 8.58 Ft | |
| Bedroom | 12.17 Ft x 11.92 Ft | |
| Bedroom | 12.08 Ft x 10.33 Ft | |
| Bedroom | 12.08 Ft x 10.25 Ft | |
| Storage | 10.50 Ft x 6.58 Ft | |
| Furnace | 17.50 Ft x 10.50 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 14.25 Ft x 12.58 Ft | |
| Bedroom | 12.75 Ft x 9.50 Ft | |
| Den | 9.17 Ft x 11.50 Ft | |
| Living room | 13.50 Ft x 13.00 Ft | |
| Dining room | 12.17 Ft x 8.33 Ft | |
| Kitchen | 13.42 Ft x 12.25 Ft | |
| Laundry room | 9.33 Ft x 6.92 Ft | |
| Other | 9.00 Ft x 8.42 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| 5pc Bathroom | .00 Ft x .00 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
-1.18%
Cap rate
4.63%
GRM
13.9
Break-even rent
$4,087
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 May 15, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for High River. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.