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7386 202 Avenue SE
Beds
4
Baths
4 full + 1 half
Sqft
1,650
Year
2022
Type
Single Family
On market
0d
Exceptional investment opportunity in the vibrant community of Rangeview! This newly built modern half duplex with a legal basement suite offers outstanding income potential in one of Calgary’s fastest-growing communities. The thoughtfully designed upper level features an open-concept layout with spacious living and dining areas, creating the perfect setting for everyday living and entertaining. At the heart of the home is a stunning chef-inspired kitchen showcasing ceiling-height soft-close cabinetry, stone countertops, and a premium gas range. The main floor also includes a convenient mudroom and powder room. Upstairs, you'll find a spacious family room, a versatile bonus room, a dedicated laundry room, and three bedrooms, including an impressive primary retreat with a coffered ceiling, walk-in closet, and luxurious ensuite. Two additional bedrooms and a full bathroom complete the upper level. Adding tremendous value is the beautifully finished legal basement suite, complete with its own private separate entrance for enhanced privacy and convenience. Bright and inviting, the suite features 9-foot ceilings, large windows, a spacious bedroom with a walk-in closet, a full bathroom, and its own laundry, making it an ideal setup for tenants or extended family. Additional upgrades include blinds throughout and an oversized double detached garage, offering ample room for vehicles, storage, and recreational equipment. Ideally located in the thriving new community of Rangeview, nestled between the established amenities of Seton and Mahogany, this home is just steps from greenspace, a pond, dog park, and future amenities. Surrounded by exciting new development, this is a rare opportunity to own a modern, income-generating property in one of southeast Calgary’s most desirable communities. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 10.17 Ft x 10.50 Ft | |
| Kitchen | 9.67 Ft x 9.67 Ft | |
| Dining room | 4.50 Ft x 6.00 Ft | |
| Bedroom | 9.00 Ft x 12.33 Ft | |
| Laundry room | 3.00 Ft x 3.33 Ft | |
| 4pc Bathroom | 6.42 Ft x 9.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 8.00 Ft x 16.00 Ft | |
| Pantry | 4.50 Ft x 5.75 Ft | |
| Living room | 11.75 Ft x 17.00 Ft | |
| Dining room | 10.00 Ft x 11.83 Ft | |
| 2pc Bathroom | 5.00 Ft x 5.75 Ft | |
| Foyer | 5.42 Ft x 7.58 Ft | |
| Other | 3.50 Ft x 5.92 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.83 Ft x 13.42 Ft | |
| Other | 4.92 Ft x 8.00 Ft | |
| 4pc Bathroom | 4.92 Ft x 8.08 Ft | |
| Bedroom | 8.33 Ft x 14.00 Ft | |
| Bedroom | 8.50 Ft x 10.58 Ft | |
| 4pc Bathroom | 4.92 Ft x 8.33 Ft | |
| Bonus Room | 8.75 Ft x 12.08 Ft | |
| Laundry room | 3.17 Ft x 5.00 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
-1.17%
Cap rate
4.63%
GRM
13.9
Break-even rent
$3,905
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.
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.