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Reduced $25,000 (3%) from $820,000
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59 Edgebrook Circle NW
Beds
5
Baths
3
Sqft
1,427
Year
1994
Type
Single Family
On market
45d
New Price! Walkout Bungalow in Edgemont with a Legal Secondary Suite!Welcome to this well-maintained, custom-built walkout bungalow, ideally situated on a quiet crescent in the highly desirable community of Edgemont. Offering over 2,700 sq. ft. of developed living space, this 5-bedroom home provides exceptional flexibility for families or multi-generational living.The bright main floor features extensive hardwood flooring, a formal living and dining area with bay windows, and elegant French doors. The spacious oak kitchen, complete with a central island, flows into a sun-filled breakfast nook with direct access to a south-facing balcony—perfect for enjoying your morning coffee. This level includes two bedrooms, highlighted by a generous primary suite featuring a walk-in closet and a jetted tub ensuite.The fully developed walkout basement is a legal suite, boasting 9-ft ceilings, in-floor heating, three additional bedrooms, a large living/recreation area with a pellet stove, a kitchen, and separate laundry—an excellent mortgage helper or private guest space.Set on a pie-shaped lot, the backyard offers a perfect blend of functionality and outdoor enjoyment with garden beds, a brick patio, and a playhouse.Additional Features:New Roof (2024), All Poly-B Replaced (2021), Oversized 24’ x 24’ double garage, Water filtration & underground sprinkler systems. Conveniently located just minutes from Nose Hill Park, top-rated schools, shopping, and transit. A rare opportunity to own a walkout bungalow with incredible income potential in one of NW Calgary’s most established communities! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Great room | 4.11 M x 8.50 M | |
| Bedroom | 3.68 M x 3.20 M | |
| Bedroom | 3.20 M x 3.96 M | |
| Bedroom | 3.20 M x 3.78 M | |
| 4pc Bathroom | — |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 2.84 M x 3.42 M | |
| Dining room | 2.64 M x 4.00 M | |
| Kitchen | 4.10 M x 3.42 M | |
| Breakfast | 2.06 M x 3.42 M | |
| Family room | 4.00 M x 4.00 M | |
| Primary Bedroom | 4.20 M x 4.00 M | |
| Bedroom | 3.00 M x 3.90 M | |
| 4pc Bathroom | — | |
| 3pc Bathroom | — |
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
-0.94%
Cap rate
4.68%
GRM
13.9
Break-even rent
$4,906
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 4, 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.