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Reduced $24,900 (8%) from $299,900
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206, 718 12 Avenue SW
Rare opportunity! Looking for a personal patio paradise?? Look no further! This beautiful end unit boasts a large 400 sqft patio that was recently redone with composite decking. And what’s better than one patio, but two! Having an additional south facing patio you are sure to be able to entertain (especially during Stampede!) and enjoy some rays here! The condo itself has been tastefully updated throughout. From the updated kitchen (2021) with shaker style cabinets and stainless-steel appliances to the newly installed engineered hardwood floors this home is not to be missed! There are 2 generous sized bedrooms and a renovated bath with walk-in shower. In suite laundry room with storage and an assigned parking stall in the heated underground parkade complete this home. No gym membership is needed, as the Sandpiper has fitness facilities, sauna/steam room and bike storage. Centrally located and close to transit, restaurants and shops, this a great home for anyone looking to buy their first home, downsizing or looking for an investment property. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 11.67 Ft x 14.17 Ft | |
| Dining room | 8.00 Ft x 8.00 Ft | |
| Kitchen | 7.42 Ft x 7.58 Ft | |
| Primary Bedroom | 10.17 Ft x 13.92 Ft | |
| Bedroom | 7.92 Ft x 13.92 Ft | |
| 3pc Bathroom | — | |
| Laundry room | 4.92 Ft x 10.42 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
3.07%
Cap rate
5.48%
GRM
12.1
Break-even rent
$1,752
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 13, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
5.5 km away
6.9 km away
8.0 km away
10.4 km away
Al Madinah Islamic Centre
12.3 km away
Elementary
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
6.6 km away
6.7 km away
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
7.9 km away
Halal grocery
Amir Halal Meats & Grocery
6.6 km away
Shaheen Grocery, Bakery & Halal Meat
10.8 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.