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527 29 Street NW
Beds
4
Baths
2
Sqft
1,098
Year
1952
Type
Single Family
On market
28d
Welcome to this highly sought-after 50’ x 120’ lot in the desirable community of Parkdale, just steps from the Bow River pathways and a short walk to Foothills Hospital, Parkdale Elementary, and Westmount Charter School. Zoned R-CG, this property offers excellent future development potential — or can be enjoyed as a beautifully updated family home.Inside, the main floor features a bright front living room overlooking the tree-lined street, a beautiful, renovated kitchen with new SS appliances and modern finishes. Three bedrooms and a full four-piece bath complete this level.The fully renovated lower level includes an (illegal) suite with a spacious family/sitting area, two additional bedrooms, and a stylish three-piece bath with oversized shower featuring new vinyl plank flooring with insulated subfloor, and professional soundproofing between the floors for added comfort, electrical, pluming and larger windows cut in.Extensive renovations and updates include: New Furnace Nov '25, Tankless hot water system (8 yrs), Kitchen renovation (10 yrs) with all new appliances, Basement renovated ( 7 yrs) larger windows inserted, Electrical in lower level fully upgraded (2005 & permitted), All plumbing waterlines replaced plus upgraded drainage lines, Heating ducts and air intakes updated, Main floor windows replaced triple pane, new back and front doors (2006), Shingles (10 yrs) ,Professional plumbing upgradesThe property also offers an oversized, insulated double garage off the back alley, plus a beautifully landscaped backyard with a two-tier deck, fire pit, 8’ x 10’ storage shed, apple tree, and lilacs. (Note: hot tub will be removed prior to possession.) Whether you’re looking for a prime development lot or a move-in-ready family home, this Parkdale property is a rare find in an unbeatable location (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 13.92 Ft x 16.33 Ft | |
| Bedroom | 9.50 Ft x 11.83 Ft | |
| Bedroom | 9.17 Ft x 11.42 Ft | |
| 4pc Bathroom | — | |
| Other | 9.00 Ft x 12.58 Ft | |
| Laundry room | 8.42 Ft x 10.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 3.50 Ft x 5.58 Ft | |
| Living room | 15.58 Ft x 16.42 Ft | |
| Kitchen | 9.67 Ft x 14.42 Ft | |
| Dining room | 10.33 Ft x 11.17 Ft | |
| Primary Bedroom | 10.42 Ft x 14.75 Ft | |
| Bedroom | 10.42 Ft x 11.17 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Other | 3.33 Ft x 4.75 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
-0.89%
Cap rate
4.69%
GRM
13.9
Break-even rent
$5,360
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 Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.