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7528 and 7526 35 Avenue NW
Potential, Potential, POTENTIAL!!! Only the 2nd owner in over 40 years and this property has generated fantastic returns and remains today, a great revenue producing, money maker! This is a full SxS Bi-level brick faced duplex, featuring 3 bedrooms, one full and one half baths per side, located on a large 50x123 R-CG lot, on a very quiet street in the heart of Bowness! The main floor offers a bright and open floor plan featuring vaulted ceilings and main floor laundry. There are balconies right off the kitchens (on both sides). The lower level has 3 bedrooms and the 4-pce bath. Both sides have newer H/W tanks and F/A furnaces. The right side (or 7526) was recently renovated, newer carpet, lino and bath room updates. There is also a double car garage in need of a little TLC, each tenant shares half. Tenants rights apply!! The 7526 side tenants are on a month to month tenancy at $1,700/month plus utilities and the 7528 side is on a fixed term lease until August 2027 at $2,000/month plus utilities. Excellent location, a short walk to the new Superstore, across from Trinity Hills Box stores, two minutes away from the Calgary Farmer's Market in the Greenwich community, only 5 minutes away from two hospitals, a short commute to downtown and easy access west to the mountains! Note: INTERIOR measurements are for ONE SIDE only. Hurry on this great, affordable investment!!! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 M x .00 M | |
| Primary Bedroom | 3.30 M x 3.90 M | |
| Bedroom | 2.50 M x 2.70 M | |
| Bedroom | 2.00 M x 2.70 M |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | .00 M x .00 M | |
| Living room | 4.60 M x 5.10 M | |
| Kitchen | 3.40 M x 4.60 M | |
| Dining room | 2.80 M x 4.60 M |
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
-0.93%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,239
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 19, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
4.7 km away
5.8 km away
14.8 km away
Elementary
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
14.8 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.