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7468 202 Avenue SE
Beds
4
Baths
4 full + 1 half
Sqft
1,376
Year
2022
Type
Single Family
On market
46d
*** Price Improvement*** Discover opportunity in desirable Rangeview - Semi-detached 3 bedroom 2.5 bathroom Upper with LEGAL 1 bedroom 1 bathroom basement suite. Welcome home to 7468 202 Ave SE! This beautiful home offers a truly unique blend of elevated family living and income potential with modern designer finishings throughout, featuring a legal 1-bedroom basement suite with its own separate entrance on the lower level. The main level showcases a bright and open layout, with living and dining space flowing seamlessly into the gourmet kitchen. The spacious kitchen features stainless steel appliances, custom cabinetry, quartz countertops & casual counter seating – perfect for everyday living & entertaining! A 2-piece bath and generous front and back entryways complete the main level. Upstairs, you will find 3 great sized bedrooms, including the primary bedroom with a 4-piece ensuite bath and walk-in closet. Convenient upper-level laundry and storage with built-ins make laundry day easy! Downstairs, you will find the fully self-contained legal basement suite featuring a well-equipped kitchen with stainless steel appliances, a living/dining area, 1 bedroom, a full 4-piece bathroom, and a separate laundry. So many options for this LEGAL suite - generate additional income, provide a flexible option for multi-generational living, or additional live/work space. This property truly delivers an unbeatable combination of style, functionality, and income-generating capability, all within a prime Rangeview location. Easy access to playgrounds, shopping, & Stoney Trail to get to all the places you need to go! Don't miss your chance to own this remarkable home – book your viewing today! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Other | 11.50 Ft x 6.25 Ft | |
| Bedroom | 10.00 Ft x 9.33 Ft | |
| 4pc Bathroom | 7.75 Ft x 4.92 Ft | |
| Laundry room | 9.00 Ft x 3.00 Ft | |
| Living room/Dining room | 10.58 Ft x 14.00 Ft | |
| Kitchen | 11.17 Ft x 5.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 5.08 Ft x 6.92 Ft | |
| Other | 4.67 Ft x 4.67 Ft | |
| Living room | 13.67 Ft x 11.83 Ft | |
| Dining room | 13.17 Ft x 11.08 Ft | |
| Kitchen | 11.00 Ft x 11.17 Ft | |
| Other | 5.42 Ft x 6.75 Ft | |
| 2pc Bathroom | 5.42 Ft x 4.83 Ft | |
| Other | 9.33 Ft x 9.75 Ft | |
| Other | 17.83 Ft x 4.75 Ft | |
| Other | 5.42 Ft x 3.50 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.92 Ft x 8.17 Ft | |
| Bedroom | 9.92 Ft x 8.25 Ft | |
| 4pc Bathroom | 4.92 Ft x 7.50 Ft | |
| Laundry room | 5.50 Ft x 7.08 Ft | |
| Primary Bedroom | 11.58 Ft x 12.92 Ft | |
| 4pc Bathroom | 4.92 Ft x 7.83 Ft | |
| Other | 6.58 Ft x 4.92 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
-1.16%
Cap rate
4.63%
GRM
13.9
Break-even rent
$3,541
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 7, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.