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55 Doverglen Crescent SE
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Calgary · Single Family · under $475,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Discover an exceptional opportunity for homeowners and investors alike with this beautifully maintained bi-level offering the flexibility to live upstairs while generating rental income from the lower-level illegal suite. Situated on a quiet street in the established community of Dover, this home combines affordability, functionality, and an incredibly convenient location.The bright main level welcomes you with a spacious living room highlighted by a large bay window that fills the home with natural light. The well-appointed kitchen features stainless steel appliances, ample cabinetry, and a sunny dining area that enjoys southern exposure. Convenient main-floor laundry adds everyday practicality. Two bedrooms and a full 4-piece bathroom complete the upper level, with patio doors from the second bedroom leading to the private west-facing backyard. Mature trees, a covered deck, fire pit, and storage shed create the perfect outdoor retreat for relaxing or entertaining.The fully developed lower level features a separate entrance and a beautifully finished one-bedroom illegal suite. Large bi-level windows create a bright, welcoming atmosphere, while the spacious kitchen with oversized island opens to the living area complete with built-in shelving. This level also offers a comfortable bedroom, a 3-piece bathroom, and its own separate laundry, making it an ideal mortgage helper or investment opportunity.Thoughtful updates provide peace of mind, including a brand-new roof (2025), high-efficiency furnace (2022), and hot water tank (2023). Smart home features include an Alexa-compatible smart door lock and lighting switches, while four included CCTV security cameras (not on contract) offer added convenience and security.The home comes complete with two refrigerators, two stoves, two dishwashers, two microwaves, all window coverings, and both laundry areas, making it truly move-in or tenant-ready.Ideally located just 2 minutes to Deerfoot Trail, 9 minutes to downtown Cal gary, and only 10 minutes from Costco, Superstore, Walmart, IKEA, and T&T Supermarket, this property offers exceptional accessibility for commuters and everyday living.Whether you're searching for your first home, a smart investment property, or a flexible living arrangement with income potential, this is a rare opportunity you won't want to miss. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Other | 7.33 Ft x 14.75 Ft | |
| Living room | 12.92 Ft x 13.58 Ft | |
| Bedroom | 11.17 Ft x 12.50 Ft | |
| 3pc Bathroom | — | |
| Laundry room | 6.42 Ft x 8.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 4.58 Ft x 4.00 Ft | |
| Living room | 14.33 Ft x 14.25 Ft | |
| Dining room | 7.58 Ft x 8.25 Ft | |
| Kitchen | 8.00 Ft x 8.92 Ft | |
| 4pc Bathroom | — | |
| Primary Bedroom | 10.58 Ft x 10.92 Ft | |
| Bedroom | 8.33 Ft x 9.58 Ft | |
| Laundry room | — |
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
-3.51%
Cap rate
4.16%
GRM
14.8
Break-even rent
$2,662
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 26, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
3.8 km away
7.3 km away
9.2 km away
11.1 km away
Al Madinah Islamic Centre
11.6 km away
Elementary
2.5 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
3.2 km away
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
7.2 km away
Halal grocery
Amir Halal Meats & Grocery
3.2 km away
Shaheen Grocery, Bakery & Halal Meat
9.4 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.