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Investment signal

$169,900

1330, 5200 44 Avenue NE

Beds

2

Baths

2

Sqft

—

Year

2002

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Exceptional investment opportunity! Two bachelor units under one title with a sunny west exposure and top floor views overlooking the community. Totally hands free, worry free, no hassle property ownership with on site management, maintenance & leasing. This layout also works very well as a 1 bedroom with 2 full baths. Join the rental pool, sit back & let the monthly cheques roll in or move in and enjoy the wonderful carefree lifestyle. Payouts have been exceptional and the building is now at 99% occupancy with a waiting list. Seniors assisted living facility with a full resident dining room, library with internet access, beauty salon, bistro & a full compliment of scheduled daily activities with 24 hour nursing available. Call today to arrange an exclusive tour of this fabulous facility. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Whitehorn
Common interest
Condo/Strata
Living area
510 square feet
Bedrooms
2 above grade, 0 below grade
Condo/HOA fee
$642.66 monthly
Stories
3
On market
Jan 16, 2026
Status changed
Apr 14, 2026
Annual tax
$1,146 (2025)
Zoning
DC (pre 1P2007)
Photos
16
MLS#
A2279608
Area
CALGARY_NE

Features and systems

Parking

None

Appliances

Window Coverings

Heating

Baseboard heatersNatural gasHot Water

Cooling

None

Exterior

BrickVinyl siding

Flooring

LinoleumVinyl Plank

Lot

No Animal HomeNo Smoking HomeParking

Community

Pets not AllowedAge Restrictions

Fee includes

Common Area MaintenanceInterior MaintenanceProperty ManagementWaste RemovalCaretakerGround MaintenanceHeatElectricityWaterInsuranceCondominium AmenitiesReserve Fund ContributionsSewer
Positive cash flow ~$601/mo at these assumptions

Cash on cash

21.22%

Cap rate

10.13%

GRM

7.5

Break-even rent

$1,267

Financing

Down payment$33,980
Loan amount$135,920
Mortgage$834/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$78
Insurance$80
Maintenance$142
CapEx reserve$71
Vacancy loss$95

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby this address

Schools, halal food/grocery, mosques, parks, transit, and daily errands. Toggle categories to compare what actually matters from this address.

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HAL

Halal grocery

  1. Alnoor Halal Meat & Grocery

    5075 Falconridge Blvd NE Unit 842, Calgary, AB T3J 3K9, Canada

    3.7 rating · 118 reviews

    0.6 km

    ~1 min

  2. Madani Halal Meat & Grocery

    5008 Whitehorn Dr NE, Calgary, AB T1Y 1V1, Canada

    4.8 rating · 19 reviews

    0.7 km

    ~1 min

  3. Madina Halal Meat & Grocery

    4656 Westwinds Dr NE #510, Calgary, AB T3J 3Z5, Canada

    4.6 rating · 237 reviews

    1.0 km

    ~2 min

EAT

Halal restaurant

  1. Pita Melt Restaurant - Shawarma & Grill

    7196 Temple Dr NE #22, Calgary, AB T1Y 4E8, Canada

    4.8 rating · 465 reviews

    0.2 km

    ~0 min

  2. Calgary Hot Plate Restaurant & Sweets

    4661 54 Ave NE unit 118, Calgary, AB T3J 5R1, Canada

    4.9 rating · 580 reviews

    1.2 km

    ~2 min

  3. The Turkish Rotisserie

    2770 32 Ave NE #42, Calgary, AB T1Y 5S5, Canada

    4.8 rating · 616 reviews

    2.7 km

    ~4 min

MSQ

Mosque

  1. Imam Azam Islamic Centre

    4821 Westwinds Dr NE Unit #8, Calgary, AB T3J 4L4, Canada

    4.8 rating · 75 reviews

    0.9 km

    ~1 min

  2. Ismaili Community Centre And Jamatkhana - Calgary Westwinds

    4669 Westwinds Dr NE, Calgary, AB T3J 4L2, Canada

    4.8 rating · 89 reviews

    1.0 km

    ~2 min

  3. Baitun-Nur Mosque Ahmadiyya Muslim Jamaat

    4353 54 Ave NE, Calgary, AB T3J 4L3, Canada

    4.7 rating · 562 reviews

    1.3 km

    ~2 min

PRK

Park

  1. Canoe Park

    122 Douglas Park Close SE, Calgary, AB T2Z 2B2, Canada

    4.0 rating · 3 reviews

    17.1 km

    ~27 min

  2. Douglasdale Ball Park

    135 Douglas Park Blvd SE, Calgary, AB T2Z 2M5, Canada

    4.3 rating · 3 reviews

    17.4 km

    ~28 min

  3. Douglasdale Point Park

    Calgary, AB T2Z 3B3, Canada

    4.8 rating · 6 reviews

    17.8 km

    ~28 min

EL

Elementary

  1. Chris Akkerman School | Calgary Board of Education

    5004 Marbank Dr NE, Calgary, AB T2A 3J6, Canada

    3.2 km

    ~5 min

  2. St. Mark Elementary School

    4589 Marbank Dr NE, Calgary, AB T2A 3V8, Canada

    3.3 km

    ~5 min

  3. Marlborough School | Calgary Board of Education

    4711 Maryvale Dr NE, Calgary, AB T2A 3A1, Canada

    4.0 km

    ~6 min

TRN

Transit

  1. Rundle LRT Station (NB 36 ST NE @ 24 AV NE)

    Calgary, AB T1Y 4M7, Canada

    3.8 rating · 59 reviews

    2.5 km

    ~4 min

  2. Saddletowne Station

    Saddle Ridge, Calgary, AB T3J 4K7, Canada

    4.2 rating · 85 reviews

    3.8 km

    ~6 min

  3. Marlborough LRT Station (EB Marlborough DR)

    Calgary, AB T2A 5M2, Canada

    3.6 rating · 21 reviews

    3.9 km

    ~6 min

Mortgage estimate

Estimated $834/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.

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