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51 Midgrove Drive SW
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Beds
6
Baths
5 full + 1 half
Sqft
2,401
Year
2022
Type
Single Family
On market
5d
Welcome to your dream family home! This exquisite Walkout property, built on a premium Corner Lot in Midtown Airdrie, seamlessly blends modern luxury with practical living. Featuring 6 Bedrooms, 4.5 Bathrooms, and Two master suites, and total over 3300 sqft developed living area, it offers flexible living space perfect for any lifestyle. Each floor comes with 9-foot ceilings, offering a bright and spacious living environment. Step inside to discover a sun-filled open-concept layout with higher ceilings and oversized windows framing serene lake views. The main level offers a welcoming foyer, a spacious living and dining area, and a chef’s kitchen complete with built-in electric cooktop, built-in wall oven and microwave, full-height cabinets that extend to the ceiling, providing plenty of storage space, and a versatile SPICE Kitchen with an additional gas range —perfect for effortless cooking and gatherings.Upstairs, enjoy four generously sized bedrooms, including Two luxurious master suites. The primary retreat boasts stunning lake views, a walk-in closet, and a spa-like 5-pc ensuite with dual vanities and a freestanding tub. A second master bedroom faces the quiet green space and includes its own walk-in closet and ensuite bathroom. A bright bonus room overlooking the lake and a convenient laundry room complete this level.The fully finished walkout basement is an entertainer’s delight, featuring two additional bedrooms, a full bathroom, a stylish wet bar, and a second massive laundry room with extra storage—offering excellent potential for guests, teens, or rental income.Outside, the professionally landscaped backyard includes a custom garden, new concrete steps, a widened driveway, and a peaceful sunroom with motorized blinds. Enjoy summer days on your deck overlooking the pond, while kids play in the nearby playground.Recent upgrades include a new AC system (July 2025), new iron fencing, fresh concrete work, and more. Located moments from green spaces, la ke access, and a school bus stop directly across the street, this home combines luxury, location, and lifestyle like no other.Don’t miss the chance to make this extraordinary property your own! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 1.49 M x 3.01 M | |
| Bedroom | 3.32 M x 3.13 M | |
| Primary Bedroom | 3.64 M x 3.13 M | |
| Kitchen | 2.33 M x 2.51 M | |
| Laundry room | 4.12 M x 2.58 M | |
| Recreational, Games room | 3.39 M x 3.49 M | |
| Furnace | 3.08 M x 42.00 M |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 1.80 M x 1.44 M | |
| Dining room | 2.93 M x 3.35 M | |
| Family room | 5.73 M x 3.79 M | |
| Foyer | 3.26 M x 2.10 M | |
| Kitchen | 4.04 M x 3.36 M | |
| Kitchen | 3.11 M x 1.75 M | |
| Living room | 4.19 M x 3.44 M |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 1.49 M x 2.79 M | |
| 4pc Bathroom | 2.37 M x 1.51 M | |
| 5pc Bathroom | 3.59 M x 2.82 M | |
| Bedroom | 3.35 M x 2.83 M | |
| Bedroom | 3.32 M x 3.10 M | |
| Bedroom | 4.22 M x 3.41 M | |
| Family room | 4.12 M x 4.23 M | |
| Laundry room | 1.52 M x 2.27 M | |
| Primary Bedroom | 4.76 M x 3.66 M | |
| Other | 1.82 M x 2.83 M |
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
-6.59%
Cap rate
3.55%
GRM
16.7
Break-even rent
$5,694
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 9, 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 Airdrie. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.