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520 22 Avenue NW
Beds
5
Baths
4 full + 1 half
Sqft
1,989
Year
2025
Type
Single Family
On market
39d
Step into a home where TIMELESS DESIGN meets MODERN FUNCTIONALITY, all wrapped up in a striking architectural exterior. Thoughtfully designed to complement both everyday life and elegant entertaining, this BRAND-NEW 5-bed SEMI-DETACHED home in beautiful MOUNT PLEASANT features high-end finishes, soaring windows, a flowing open floorplan to suit your lifestyle, plus a fully finished LEGAL 2-BED LOWER SUITE (approved by the city). From the moment you walk through the charming front entry you're greeted with a sense of understated luxury. The foyer is bright and inviting w/ a built-in bench, leading into a sunlit front living room that features a stunning inset gas fireplace with full-height tile surround with convenient built-in millwork on either side. Moving into the heart of the home, the stunning chef’s kitchen is a showstopper featuring custom ceiling-height cabinetry, quartz countertops, an oversized island, a high-end appliance package, plus designer lighting to bring the whole space together. The open-concept design keeps the conversation flowing as you gather in the dining room with elegant moulding, overlooking the private backyard through large sliding windows – perfect for summer dining! Tucked behind the kitchen, the mudroom offers functional storage for coats, boots, and backpacks, keeping everyday clutter out of sight, while the stylish powder room rounds out the main level. Upstairs, a cozy bonus room with built-in media centre greets you before heading to the primary suite. Wake up to natural light streaming in through large windows across the tall ceiling, then start your day in the beautifully designed 5-pc ensuite with a spa-like shower, dual vanity, and a freestanding soaker tub that practically begs for a relaxing evening soak. The walk-in closet is fully built out with custom shelving and storage solutions. Down the hall, two spacious bedrooms share a chic bathroom with a fully tiled tub/shower combo, while the laundry room – with extra storage and a sink – makes everyday chores a breeze. The lower level is a legal 2-bed suite with endless possibilities – rent it out for extra income, use it as a mother-in-law suite, or keep it as additional living space for your family! With a private entrance, full kitchen, spacious living area, modern 4-pc bath, in-suite laundry, and stylish finishes that match the rest of the home, it’s a functional and flexible extension of the house. Set in the heart of MOUNT PLEASANT, this home is just minutes from Confederation Park, where walking paths, playgrounds, and green space offer an escape from the city without leaving your neighbourhood. Quick access to 16th Ave and 4th Street puts downtown, Kensington, and major routes within easy reach. Families will love the proximity to top-rated schools, while coffee shops, local restaurants, and weekend markets add to the charm of this vibrant inner-city community. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.08 Ft x 13.67 Ft | |
| Bedroom | 9.67 Ft x 10.92 Ft | |
| Recreational, Games room | 11.50 Ft x 15.17 Ft | |
| Kitchen | 9.67 Ft x 10.42 Ft | |
| Laundry room | 5.75 Ft x 10.42 Ft | |
| 4pc Bathroom | — | |
| Furnace | 8.83 Ft x 11.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 12.75 Ft x 15.58 Ft | |
| Kitchen | 15.50 Ft x 20.08 Ft | |
| Dining room | 9.50 Ft x 13.58 Ft | |
| 2pc Bathroom | — | |
| Other | 5.83 Ft x 8.83 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| 5pc Bathroom | — |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.67 Ft x 14.83 Ft | |
| Other | 5.58 Ft x 9.33 Ft | |
| Bedroom | 9.75 Ft x 10.83 Ft | |
| Bedroom | 9.83 Ft x 12.00 Ft | |
| Bonus Room | 8.83 Ft x 9.67 Ft | |
| Laundry room | 5.08 Ft x 6.00 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
-0.80%
Cap rate
4.70%
GRM
13.9
Break-even rent
$6,755
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.