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Investment signal

$399,900

7417 24 Street SE

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Beds

1

Baths

2

Sqft

Year

1953

Type

Single Family

Suite

Investment signal

Location nearby

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.

About this home

This charming, moderately updated bungalow is full of character and ready for its next owners! An excellent opportunity to step into homeownership at an accessible price point under 400k - no condo fees and no shared walls. Ideally located in Ogden on a quiet street away from busy roadways, and just blocks from the future LRT station, this home offers both comfort and convenience. The functional, compact layout blends original charm with thoughtful updates throughout. The updated kitchen features modern cabinetry, stainless steel range, exposed hood fan, and ample space for a casual dining or seating area. The main floor offers a bright, open-concept living and dining space (currently utilized as a home office), with the option to reconfigure back to a bedroom if desired. Hardwood flooring runs throughout the main level, and vinyl windows (installed in 2016) enhance efficiency and comfort. The lower level includes a spacious bedroom area, 3-piece bathroom, laundry, and additional storage. Step outside to enjoy the expansive west-facing backyard, complete with rear parking - ideal for vehicles, storage, or future garage development. With mature trees and plenty of space, it’s the perfect canvas to bring your landscaping vision to life. Additional updates include asphalt shingles (2016) and hot water tank replaced just two years ago. Considering future redevelopment? The 41’ x 120’ lot offers excellent potential. Hold as a revenue property while you plan, or build your dream home. Located in a convenient, well-established neighbourhood, this property is a true hidden gem. Don’t miss your chance to make it yours! (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Ogden
Common interest
Freehold
Living area
482 square feet
Lot size
461 square meters
Lot dimensions
461.00
Bedrooms
0 above grade, 1 below grade
Parking
3 total
Stories
1
On market
Apr 8, 2026
Status changed
Apr 30, 2026
Annual tax
$2,512 (2025)
Zoning
R-CG
Photos
36
MLS#
A2299844
Area
CALGARY_SE

Features and systems

Parking

Parking Pad

Basement

FinishedFullSeparate entrance

Appliances

WasherRefrigeratorStoveDryerHood Fan

Heating

Forced airNatural gas

Cooling

None

Exterior

Vinyl siding

Flooring

HardwoodCarpeted

Foundation

Poured Concrete

Lot

Back lanePVC windowLevel
Negative cash flow ~$484/mo at these assumptions

Cash on cash

-7.26%

Cap rate

3.41%

GRM

16.7

Break-even rent

$2,510

Financing

Down payment$79,980
Loan amount$319,920
Mortgage$1,621/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$183
Insurance$80
Maintenance$333
CapEx reserve$167
Vacancy loss$100

Estimates 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.

Location nearby

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.

Mortgage estimate

Estimated $1,621/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 30, 2026.

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