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Reduced $10,000 (1%) from $865,000
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729 Canoe Avenue SW
Beds
5
Baths
5 full + 1 half
Sqft
2,726
Year
2008
Type
Single Family
On market
68d
HOME SWEET HOME! Welcome to this SPECTACULAR, EXQUISITELY UPDATED EXECUTIVE HOME nestled in the heart of Airdrie’s highly sought-after Canals community. Showcasing exceptional curb appeal and undeniable pride of ownership, this impressive residence offers 5 bedrooms, 3 flex spaces, 4.5 bathrooms, a rare TRIPLE GARAGE (double + single), and over 3,930 SQFT of beautifully maintained living space, perfect for large or multi-generational families. Step inside to an inviting, open-concept main floor highlighted by 9’ ceilings, knockdown finishes, luxury vinyl plank flooring, and elegant, modern décor throughout. The thoughtfully designed layout features a bright front foyer, a stylish 2-piece powder room, and a versatile home office or formal dining room. A second flex space, currently used as a home gym, adds even more functionality. At the heart of the home, the sun-soaked living room offers a warm and welcoming atmosphere with a cozy gas fireplace, seamlessly flowing into the spacious dining area with direct access to the backyard deck. The gourmet chef’s kitchen is truly a showstopper, complete with newer premium stainless steel appliances, a massive granite island with built-ins and breakfast bar seating, stunning cabinetry, a corner pantry, and a large window over the sink framing peaceful backyard views. Upstairs, you’ll find 4 generously sized bedrooms, including two with private ensuites, along with a full bathroom and a convenient upper-level laundry room. The primary retreat is a luxurious sanctuary, featuring an expansive layout, a walk-in closet with dual access, and a spa-inspired ensuite with dual vanities, a deep soaker tub, glass shower, and a private water closet. The fully developed basement is designed for both relaxation and entertainment, offering a spacious family/recreation/games/theatre room with raised seating and a cozy fireplace, a 5th bedroom, an additional flex room ideal for an office, gym, or den, and ample storage space. Step outside to y our own private oasis complete with pristine landscaping, underground irrigation, a fully fenced yard, a deck, and a patio with pergola—perfect for entertaining or unwinding. The property also features two garages, providing exceptional parking and storage options. Upgrades include newer stainless steel appliances (2020), hot water tank (2026), gazebo (2022), LVP flooring with added cork underlay (2022), two sets of French doors, charming lilac trees, a 3-zone furnace, central vacuum system, and custom closet organizers in the primary suite (2022). Ideally located just steps from scenic canal pathways, schools, shopping, restaurants, fitness centres, and transit, with quick access to Calgary, this home truly offers the best of lifestyle and convenience. MUST VIEW! Book your private viewing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 15.75 Ft x 26.83 Ft | |
| Bedroom | 10.08 Ft x 11.58 Ft | |
| Other | — | |
| 4pc Bathroom | 10.58 Ft x 5.00 Ft | |
| Office | 10.58 Ft x 13.83 Ft | |
| Storage | 6.00 Ft x 5.00 Ft | |
| Furnace | 9.67 Ft x 11.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 8.50 Ft x 8.75 Ft | |
| Other | 5.50 Ft x 13.83 Ft | |
| Kitchen | 13.42 Ft x 14.42 Ft | |
| Dining room | 11.50 Ft x 12.75 Ft | |
| Living room | 12.17 Ft x 17.00 Ft | |
| Office | 12.75 Ft x 14.25 Ft | |
| Den | 10.50 Ft x 11.00 Ft | |
| 2pc Bathroom | 5.00 Ft x 5.25 Ft | |
| Other | — |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 14.17 Ft x 15.42 Ft | |
| Other | 6.42 Ft x 14.17 Ft | |
| 5pc Bathroom | 9.25 Ft x 14.00 Ft | |
| Bedroom | 11.25 Ft x 14.42 Ft | |
| Other | — | |
| Bedroom | 10.75 Ft x 13.33 Ft | |
| Other | — | |
| Bedroom | 12.00 Ft x 16.00 Ft | |
| 5pc Bathroom | 11.00 Ft x 14.42 Ft | |
| 4pc Bathroom | 4.83 Ft x 8.00 Ft | |
| Laundry room | 6.50 Ft x 12.17 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
-0.97%
Cap rate
4.67%
GRM
13.9
Break-even rent
$5,270
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 8, 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 Airdrie. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.