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Investment signal

$665,000

53 Martha's Place NE

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Beds

4

Baths

4 full + 1 half

Sqft

Year

2002

Type

Single Family

Suite

Suite potential

Location nearby

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.

About this home

BACK ON MARKET DUE TO FINANCES! PRICE REDUCED!! Welcome to this beautiful family home, offering 2,500 sqft of living space! Lovingly cared for by the same owners for nearly 20 years, this home shows true pride of ownership throughout. The main and upper levels feature premium modern upgrades, including elegant flooring, upgraded baseboards, sleek countertops, luxury faucets, and quality cabinetry. The bright foyer with its open ceiling creates an inviting first impression, complemented by a cozy fireplace in the living room, modern light fixtures, a beautiful kitchen and a convenient main-floor laundry room. Upstairs, you’ll find a spacious family room filled with natural light—perfect for family time and entertaining—along with three bright bedrooms, including a primary bedroom with ensuite. The basement suite offers one bedroom, one full bathroom, and private laundry, with a separate side entrance through the garage, making it perfect for extended family or rental income potential. Outside, enjoy a large deck and a well-kept backyard with back-alley access. Located in a quiet, family-friendly location within walking distance to schools and the C-Train, this one checks all the right boxes for growing families and is definitely worth a look. Easy to show—contact your favourite REALTOR® today to book a viewing! (id:65958)

Subtype
Single Family
Structure
House
Community
Martindale
Common interest
Freehold
Living area
1,721 square feet
Lot size
346 square meters
Lot dimensions
346.00
Bedrooms
3 above grade, 1 below grade
Parking
4 total
Stories
2
Fireplace
1
On market
Mar 20, 2026
Status changed
May 3, 2026
Annual tax
$4,252.04 (2025)
Zoning
R-CG
Photos
28
MLS#
A2294577
Area
CALGARY_NE

Features and systems

Parking

Attached Garage

Basement

FinishedFullSeparate entranceSuite

Appliances

WasherRefrigeratorDishwasherStoveDryerGarage door openerWasher & Dryer

Heating

Forced air

Cooling

None

Exterior

Vinyl siding

Flooring

TileVinyl Plank

Foundation

Poured Concrete

Lot

No Animal HomeNo Smoking Home
Negative cash flow ~$753/mo at these assumptions

Cash on cash

-6.79%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,117

Financing

Down payment$133,000
Loan amount$532,000
Mortgage$2,696/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$305
Insurance$80
Maintenance$554
CapEx reserve$277
Vacancy loss$166

Estimates 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.

Location nearby

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.

Mortgage estimate

Estimated $2,696/mo at 4.5% with 20% down, 30-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 May 3, 2026.

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