$799,900
508 78 Avenue SW
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Beds
4
Baths
3
Sqft
—
Year
1989
Type
Single Family
Suite
Legal suite
Location nearby
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.
About this home
Nestled in the heart of the vibrant Kingsland community, this exceptional two-storey single-family residence with LEGAL BASEMENT SUITE offers a seamless blend of contemporary living and significant investment upside. Boasting a total of four bedrooms and 3.5 bathrooms, this home is perfectly positioned for those seeking a mortgage helper or a multi-generational living arrangement. The main floor is thoughtfully designed for both daily life and hosting. Upon entry, you are greeted by an expansive living room that leads into a comfortable family room. The adjacent kitchen and dining area, accented by a classic bay window, create a bright and inviting atmosphere for meals. Tucked away for privacy, the main level also includes a 2-piece powder room, a laundry area, and a versatile flex space that functions perfectly as a quiet home office, a den, or an additional guest bedroom. Retreat to the upper level, where you will find three well-proportioned bedrooms and a full family bath. The primary suite serves as a personal sanctuary, complete with its own private en-suite and a spacious walk-in closet. Outside, the property features a convenient single detached garage, providing secure parking and additional storage. One of the standout features of this property is the fully finished LEGAL basement SUITE, accessible via a private, separate entrance. Currently utilized as a high-potential rental suite, this level offers a fantastic layout including an oversized living area, a full kitchen, a large bedroom, a 4-piece bathroom, and independent laundry facilities. The location is truly second to none. Residents are within walking distance of local grocery stores, trendy coffee shops, and lush parks. Commuting is effortless with the Heritage LRT station just 5 minutes away and downtown Calgary reachable within a 10-minute drive. Families will also benefit from the close proximity to top-tier schools, including being just 3 minutes from the prestigious Henry Wise Wood High Schoo l. Whether you are looking for a forever home or a savvy addition to your portfolio, this Kingsland gem is a must-see. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Kingsland
- Common interest
- Freehold
- Living area
- 1,627 square feet
- Lot size
- 295 square meters
- Lot dimensions
- 295.00
- Bedrooms
- 3 above grade, 1 below grade
- Parking
- 2 total
- Stories
- 2
- On market
- Apr 30, 2026
- Status changed
- Apr 30, 2026
- Annual tax
- $3,875 (2025)
- Zoning
- R-CG
- Photos
- 30
- MLS#
- A2303010
- Area
- CALGARY_SW
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Construction
Flooring
Foundation
Lot
Cash on cash
-0.97%
Cap rate
4.67%
GRM
13.9
Break-even rent
$4,936
Financing
Operating expenses (monthly)
Estimates 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.
Location nearby
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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 30, 2026.