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7224 21 Street SE
Beds
3
Baths
2
Sqft
1,182
Year
1957
Type
Single Family
On market
38d
Welcome to 7224 at 21 Street SE, your opportunity for comfortable and convenient living in a family friendly neighbourhood. Bungalow on a large corner lot complete with rare find triple car gargage. This property caters to starter families or flexibility with multi-family living or downsizers dreaming of open green space and sunshine on a peaceful street. Once a show home, the main floor welcomes you into a bright and cheerful kitchen leading into the spacious family dining area. French doors connect with the sun soaked living room. Down the hall you will step into a spacious primary bedroom plus a second good sized bedroom plus a 4pc renovated bathroom.The rear entrance adds flexibility leading up into the kitchen or leading down into the fully developed basement. You will notice this property is cared for and well maintained with a newer roof, stucco finish, windows, electrical, pot lighting, hot water tank, 2 HE furnaces, and Kinetico reverse osmosis system.The standout triple car garage (constructed 2016) is designed with a side man door, two 8 ft overhanging doors, additional storage space and an epoxy floor finishing. The generous lot size is fenced and complete with concrete walk paths and parking pad. Gardening enthusiastics will enjoy creating a garden paradise or green space lovers will enjoy a huge lawn requiring minimal maintenance. Located close to schools, restaurants, grocery stores and steps away from walks paths, dog walking and brand new community recreational park which includes a playground, skateboard/bike park and tennis courts. Everything you could want right at your doorstep. Act Fast! Priced at $619,000 this property won't last long in the Spring Market. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Living room | 9.92 Ft x 25.58 Ft | |
| Bedroom | 9.50 Ft x 16.25 Ft | |
| 4pc Bathroom | 4.83 Ft x 3.92 Ft | |
| Laundry room | 10.00 Ft x 8.58 Ft | |
| Furnace | 11.67 Ft x 8.00 Ft | |
| Storage | 7.08 Ft x 3.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Dining room | 12.58 Ft x 17.33 Ft | |
| Living room | 23.42 Ft x 10.00 Ft | |
| Kitchen | 8.00 Ft x 11.83 Ft | |
| Primary Bedroom | 11.42 Ft x 16.83 Ft | |
| Bedroom | 10.00 Ft x 12.42 Ft | |
| 4pc Bathroom | 7.42 Ft x 3.42 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
-6.80%
Cap rate
3.50%
GRM
16.6
Break-even rent
$3,838
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 9, 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.