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740 Hunterston Crescent NW
Located on a quiet crescent on the highly desirable NW side of Huntington Hills, this NuWest built bungalow sits on a massive 55 x 153 foot lot with an approved development permit already in place for a future legal laneway suite above the detached garage. Playgrounds, schools, shopping, downtown, and the airport are all conveniently close. Mature trees, wide lots, quiet streets and homes that were built with space in mind create a setting that is difficult to replicate. This is the kind of neighbourhood that simply can't be built overnight. The home itself offers a layout that still works exceptionally well today. A large living room anchors the main floor with plenty of space to spread out, while the formal dining area gives you room to host without feeling boxed in. The kitchen sits right where it should, at the centre of everything, with a large window looking out to the deck and backyard, a breakfast bar, generous counter space, and more cabinet storage than most buyers expect in homes of this era. Three bedrooms and two bathrooms, including a primary bedroom with its own ensuite, complete the main floor. The fully developed basement adds even more flexibility with a large recreation area, gas fireplace, wet bar, additional bedroom and a 3-piece bathroom. Whether you need extra space for family, guests, tenants or a home office setup, it is already here. Important updates over the years, including some newer windows, interior paint, hot water tank replaced in 2019 and exterior siding painted just 2 years ago. The backyard delivers the kind of space that is getting harder to find in Calgary stretching deep and wide and backing directly onto greenspace (no neighbours crowding in behind you); enjoy exceptional access to Calgary's pathway network, with Nose Hill Park and it's extensive trail system just to the west and the pathways to the east connecting you to the Nose Creek Pathway system, the Bow River Pathway system, downtown and countless other destinations th roughout the city. The large rear deck includes a gas line for the BBQ, while the mature landscaping and established trees create privacy and character. Quick possession is possible, making it easy to move in and start enjoying everything this property has to offer without delay. Properties with this lot size, this location and this kind of future potential rarely come to market in Huntington Hills. The groundwork has been done, creating an outstanding opportunity for buyers looking to generate future rental income and maximize the long-term value of their property. Even better, the upper level above the garage is already enclosed, offering immediate flexibility as a studio, a hobby space, workshop, home office, or additional storage. Build the suite right away or hold it as a strategic future project (subject to approval and permitting by the city) while enjoying the home and oversized lot today, the choice is yours, and the upside is significant. Book your private showing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 14.67 Ft x 32.75 Ft | |
| Bedroom | 14.92 Ft x 10.92 Ft | |
| 4pc Bathroom | 6.00 Ft x 6.58 Ft | |
| Den | 15.17 Ft x 11.83 Ft | |
| Furnace | 15.17 Ft x 10.50 Ft | |
| Other | 14.67 Ft x 4.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 18.00 Ft x 12.33 Ft | |
| Living room | 13.67 Ft x 19.25 Ft | |
| Dining room | 8.92 Ft x 11.33 Ft | |
| Primary Bedroom | 12.17 Ft x 11.17 Ft | |
| Bedroom | 9.08 Ft x 14.75 Ft | |
| Bedroom | 9.50 Ft x 9.67 Ft | |
| 3pc Bathroom | 9.08 Ft x 5.00 Ft | |
| 2pc Bathroom | 6.00 Ft x 4.00 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
-1.03%
Cap rate
4.66%
GRM
13.9
Break-even rent
$3,965
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.
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.
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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