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507 17 Avenue NW
Beds
5
Baths
4 full + 1 half
Sqft
1,790
Year
2005
Type
Single Family
On market
41d
OPEN HOUSE MAY 24: 3-5PM! Welcome to this beautifully designed semi-attached home in the highly sought-after community of Mount Pleasant in NW Calgary. Offering nearly 1,800 sq ft of thoughtfully planned above-grade living space, this home blends functionality, comfort, and investment potential in one exceptional package. Perfectly positioned with easy access to major routes and public transit, you’re just minutes to downtown Calgary and within walking distance to Southern Alberta Institute of Technology (SAIT) — making this an ideal property for families, professionals, or investors alike. The main level features a bright and practical layout designed for everyday living. A front office/den provides the perfect work-from-home space or quiet study area. The heart of the home showcases a stunning three-way fireplace that elegantly connects and warms the living room, dining area, and kitchen — creating an inviting atmosphere for family gatherings and entertaining. A convenient 2-piece powder room completes the main floor. Upstairs, you’ll find three well-sized bedrooms, including a spacious primary retreat featuring a delightful ensuite and generous closet space. Two additional bedrooms are ideal for growing families or guests. A full main bathroom and upper-level laundry add everyday convenience and functionality. The fully developed basement offers an illegal 2-bedroom suite complete with its own kitchen, full bathroom, separate laundry, and private rear entrance — an excellent mortgage helper or multi-generational living option. Outside, a double detached garage provides secure parking and additional storage. Located in vibrant Mount Pleasant, you’ll enjoy quick access to major transit routes, short commutes to downtown, nearby schools, parks, and a wide selection of local eateries and amenities. This is an exceptional opportunity to own a versatile home in one of Calgary’s most desirable inner-city communities. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 9.75 Ft x 8.08 Ft | |
| Living room/Dining room | 14.58 Ft x 11.42 Ft | |
| 3pc Bathroom | 6.08 Ft x 7.83 Ft | |
| Bedroom | 10.75 Ft x 11.08 Ft | |
| Bedroom | 14.33 Ft x 11.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 11.08 Ft x 10.92 Ft | |
| Dining room | 11.08 Ft x 8.58 Ft | |
| Living room | 18.42 Ft x 16.00 Ft | |
| Den | 12.17 Ft x 19.50 Ft | |
| 2pc Bathroom | 4.83 Ft x 8.17 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.83 Ft x 12.75 Ft | |
| 4pc Bathroom | 8.00 Ft x 9.17 Ft | |
| Other | 7.17 Ft x 6.50 Ft | |
| 4pc Bathroom | 5.17 Ft x 9.17 Ft | |
| Bedroom | 14.42 Ft x 9.17 Ft | |
| Bedroom | 12.17 Ft x 10.83 Ft | |
| Laundry room | 8.75 Ft x 6.50 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
-1.06%
Cap rate
4.65%
GRM
13.9
Break-even rent
$4,511
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 2, 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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.