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53 Millrise Lane SW
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Beds
3
Baths
3 full + 1 half
Sqft
1,626
Year
1982
Type
Single Family
On market
60d
Spacious, bright, and beautifully maintained, this end-unit duplex in the desirable Millrise community offers over 1,450 sq ft of developed living space and a functional, family-friendly layout.The main floor features a welcoming living room with vaulted ceilings and a striking stone fireplace, creating an open and airy feel. A formal dining area overlooks the living space—perfect for entertaining—while the spacious kitchen includes a cozy breakfast nook ideal for everyday living. New carpets add a fresh touch, and new windows will be installed in the coming weeks for added comfort and efficiency.Upstairs, you’ll find three generously sized bedrooms—an uncommon and highly sought-after feature in duplex living. The primary bedroom includes a full ensuite, offering privacy and convenience, while the additional bedrooms provide flexibility for family, guests, or a home office.Enjoy outdoor living in the private, fully fenced backyard complete with a deck—perfect for relaxing, entertaining, or taking in peaceful views.Additional highlights include updated bathrooms and a large single attached garage (24’) with ample space for an SUV or full-size truck.Ideally located close to shopping, restaurants, schools, parks, and public transit, this home combines comfort, style, and convenience in one of the area’s most established communities.Don’t miss this fantastic opportunity—book your private showing today! (minimum 24-hour notice required) (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Storage | 4.58 M x 2.21 M | |
| Other | 5.41 M x 3.06 M |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 5.69 M x 4.72 M |
Third level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 1.95 M x 1.49 M | |
| Dining room | 2.05 M x 3.00 M | |
| Family room | 3.80 M x 3.32 M | |
| Kitchen | 3.72 M x 3.28 M |
Fourth level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 2.71 M x 1.51 M | |
| 4pc Bathroom | 2.72 M x 1.52 M | |
| Bedroom | 2.71 M x 3.94 M | |
| Bedroom | 2.96 M x 2.97 M | |
| Primary Bedroom | 3.71 M x 4.46 M |
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
-0.72%
Cap rate
4.72%
GRM
13.5
Break-even rent
$2,449
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.