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56 Cranbrook Landing SE
Beds
3
Baths
3 full + 1 half
Sqft
1,518
Year
2016
Type
Single Family
On market
27d
** SATURDAY OPEN HOUSE CANCELLED - PROPERTY NOW PENDING *** Welcome to one of Riverstone of Cranston’s most exclusive villa offerings. Nestled in a QUIET ENCLAVE just steps from the Bow RIVER and endless walking paths, this rare DETACHED EXECUTIVE BUNGALOW VILLA offers a peaceful, private setting that is incredibly difficult to find. Unlike some villa options out there this home does not back onto busy roadways or highway, this home is surrounded by nature, tranquility and the lifestyle buyers are truly searching for.Located within an exclusive 50+ community, this home offers the perfect “lock-and-leave” lifestyle all while still enjoying the privacy and feel of a detached home. Impeccably maintained and thoughtfully upgraded throughout, featuring an oversized HEATED TRIPLE CAR GARAGE with epoxy floors, a fully developed lower level and a lovely outdoor living space designed for multi-season enjoyment.The bright open-concept main floor is filled with natural light, with beautiful afternoon sun pouring through the living room and kitchen while sunsets create a warm glow throughout the main living area. Rich timeless hardwood flooring, a stunning gourmet kitchen, spacious dining area and inviting living room create an ideal setting for entertaining family or simply enjoying a quiet evening at home. The main floor office, with its two large windows and bright atmosphere, provides the perfect work-from-home space or peaceful sitting room.The primary suite is privately positioned at the back of the home and features a 5-piece ensuite with heated floors, dual sinks, deep soaker tub, separate glass shower and walk-in closet. Main floor laundry with sink and cabinetry adds everyday convenience.The professionally developed lower level offers 9-foot ceilings, two bedrooms, bathroom, family/media room and full wet bar, making it ideal for guests, hobbies, movie nights, or extended family gatherings.Another standout feature is the incredible Suncoast Enclosure on the pa tio with a louvered roof and powered retractable screens. This creates a private, sheltered outdoor retreat that allows you to enjoy your backyard comfortably through our ever-changing weather. The large landscaped yard further enhances the peaceful setting, where you can enjoy birds nesting in the surrounding trees in the spring, sunny afternoons on the patio and the quiet privacy this community is known for.Additional upgrades include custom cabinetry & pull-outs throughout, central air conditioning, Gemstone exterior lighting and water softener.Riverstone is one of Calgary’s most sought-after communities for a reason, offering direct access to the Bow River, Fish Creek Park, scenic pathways, and incredible natural surroundings where deer and even moose are frequent visitors. Residents enjoy peaceful walking trails while still being only minutes from amenities, shopping, and several new coffee shops and restaurants nearby. Luxury detached bungalow villas in locations like this rarely become avail. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Bedroom | 13.33 Ft x 14.00 Ft | |
| Bedroom | 13.00 Ft x 13.92 Ft | |
| Recreational, Games room | 22.17 Ft x 15.50 Ft | |
| Storage | 16.42 Ft x 30.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | — | |
| 5pc Bathroom | — | |
| Dining room | 9.08 Ft x 17.67 Ft | |
| Foyer | 7.00 Ft x 8.25 Ft | |
| Kitchen | 15.08 Ft x 18.42 Ft | |
| Laundry room | 12.17 Ft x 7.83 Ft | |
| Office | 11.00 Ft x 7.50 Ft | |
| Primary Bedroom | 14.58 Ft x 14.08 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
-0.79%
Cap rate
4.71%
GRM
13.9
Break-even rent
$7,058
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 May 16, 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.