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Calgary · Single Family · under $425,000 · 1+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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7417 24 Street SE
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, amazing value in the land alone! 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)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 22.08 Ft x 11.67 Ft | |
| 3pc Bathroom | 15.42 Ft x 9.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 23.42 Ft x 9.25 Ft | |
| Kitchen | 16.75 Ft x 9.67 Ft | |
| 4pc Bathroom | 6.17 Ft x 9.67 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
-7.31%
Cap rate
3.40%
GRM
16.7
Break-even rent
$2,419
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.
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 21, 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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