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730 Redstone Drive NE
Beds
5
Baths
4 full + 1 half
Sqft
1,781
Year
2017
Type
Single Family
On market
76d
Welcome to this exceptional detached home in the vibrant community of Redstone—offering space, versatility, and incredible value. With approximately 1,630+ sq ft above grade, this thoughtfully designed home features a bright and open main floor with a spacious living area, large kitchen with ample cabinetry, pantry, and a dedicated dining space—perfect for everyday living and entertaining.Upstairs, you’ll find a well-laid-out second level complete with a generous bonus/family room, three bedrooms including a spacious primary retreat with walk-in closet and 4-piece ensuite, plus an additional full bathroom—ideal for growing families.The standout feature? A fully finished legal basement suite registered with the city, offering its own kitchen, living area, full bathroom, laundry, and multiple bedrooms—providing excellent income potential or multi-generational living. A rare and valuable find, especially when compared to many properties on the market with non-conforming suites.Situated on a desirable lot with a double detached garage, this home offers both convenience and functionality. Located close to parks, schools, shopping, and major roadways, Redstone continues to be one of Calgary’s most sought-after communities for homeowners and investors alike.Whether you’re looking to live up and rent down, or add a strong cash-flowing property to your portfolio, this home checks all the boxes—legality, layout, and exceptional value! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 4.92 Ft x 4.92 Ft | |
| Office | 12.42 Ft x 9.42 Ft | |
| Kitchen | 13.67 Ft x 14.58 Ft | |
| Living room | 15.58 Ft x 19.00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.17 Ft x 4.83 Ft | |
| 4pc Bathroom | 11.33 Ft x 4.92 Ft | |
| Bedroom | 10.92 Ft x 9.33 Ft | |
| Bedroom | 10.92 Ft x 9.25 Ft | |
| Bonus Room | 18.92 Ft x 14.08 Ft | |
| Primary Bedroom | 13.50 Ft x 13.67 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.83 Ft x 4.92 Ft | |
| Living room | 11.00 Ft x 13.83 Ft | |
| Bedroom | 10.50 Ft x 8.25 Ft | |
| Bedroom | 10.58 Ft x 8.92 Ft | |
| Kitchen | 11.67 Ft x 5.92 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
-1.08%
Cap rate
4.65%
GRM
13.9
Break-even rent
$4,178
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 11, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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