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5233 17 Avenue NW
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Beds
4
Baths
2
Sqft
963
Year
1977
Type
Single Family
On market
3d
Welcome to this beautifully updated bi level duplex in the heart of Montgomery NW, an inner-city community that blends small-town charm with easy access to the Rockies. This home offers an open concept design, modern finishes, functional living spaces, and a layout ideal for families, investors, or multi generational living. Thoughtfully maintained, this home blends comfort with convenience in one of Calgary’s most desirable communities. The main level features a fully renovated kitchen with contemporary cabinetry, stainless steel appliances, and ample counter space, perfect for everyday cooking and entertaining. The adjoining dining area flows seamlessly into a bright living room highlighted by a wood burning fireplace and large windows that fill the space with natural light. Step out onto the front balcony, an ideal spot for morning coffee or evening relaxation. This level is complete with a spacious primary bedroom, a second bedroom, and a 4 piece bathroom. The lower level offers exceptional versatility with two additional bedrooms, a second 4 piece bathroom, a comfortable family room, dedicated laundry space, and a second kitchen – a fantastic setup for extended family, guests, or potential rental opportunities. Outside, the property includes a fully fenced backyard – currently an open canvas that can be turned into the perfect outdoor oasis for friends and family gatherings, gardening, reading a good book or playing with the family dog. There is a parking pad at the rear of the home, with additional street parking available. The home backs onto an alleyway, ensuring privacy with no direct rear neighbours. Located steps from Shouldice Aquatic Centre, Edworthy Park, Bowness Park, schools, shopping and dining and quick access to major routes, this home delivers both lifestyle and value in a vibrant, established community. A wonderful opportunity to own a flexible, updated home in sought after Montgomery! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 9.75 Ft x 11.83 Ft | |
| Bedroom | 8.42 Ft x 13.17 Ft | |
| 4pc Bathroom | — | |
| Family room | 11.67 Ft x 19.75 Ft | |
| Laundry room | 8.83 Ft x 10.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 10.17 Ft x 12.58 Ft | |
| Living room | 11.08 Ft x 20.25 Ft | |
| Dining room | 8.42 Ft x 9.50 Ft | |
| Primary Bedroom | 11.25 Ft x 12.42 Ft | |
| Bedroom | 8.42 Ft x 11.25 Ft | |
| 4pc Bathroom | — |
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
-6.36%
Cap rate
3.59%
GRM
16.4
Break-even rent
$3,535
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.
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.