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755 Whitemont Drive NE
Beds
5
Baths
3 full + 1 half
Sqft
1,230
Year
1977
Type
Single Family
On market
4d
LIVE UP & RENT DOWN! This charming bi-level offers an excellent opportunity for homeowners and investors, featuring an illegal basement suite and an affordable price point. From the moment you arrive, you'll appreciate the outstanding curb appeal and pride of ownership. Situated on a meticulously maintained corner lot siding onto a paved alley, you'll enjoy added privacy with no neighbour directly beside you on one side. The exterior showcases durable vinyl siding, updated vinyl windows, attractive brick and tile accents that create timeless character. Main level unit is accessed via back patio doors. 3 bedrooms + 1.5 bathrooms, including a convenient 2 pc ensuite in the primary bedroom. The updated kitchen features granite countertops, tiled backsplash. Functional layout includes both a breakfast nook and a formal dining area. Spacious living room with oversized windows fills the home with natural light, and laminate flooring runs throughout the main level. Laundry is conveniently located off kitchen. Lower-level suite (illegal) is accessed through the front entrance, providing excellent separation between units. This self-contained suite features an updated kitchen with room for a dining table, comfortable living room with extensive brick work, 4 pc bathroom, two generously sized bedrooms (windows do not meet current egress requirements). Separate laundry for the lower level further enhances functionality and rental appeal. Outside, the remarkable corner lot offers mature trees, abundant outdoor space, brick fire pit perfect for relaxing or entertaining. The oversized 22' x 24' detached garage provides ample room for vehicles, storage, and hobbies. A high-efficiency furnace and two hot water tanks help ensure the needs of both living spaces are comfortably met. Whether you're searching for an investment property, mortgage helper, or multi-generational living opportunity, this home offers exceptional flexibility and value. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 15.50 Ft x 13.67 Ft | |
| Dining room | 11.75 Ft x 10.67 Ft | |
| Kitchen | 15.58 Ft x 15.58 Ft | |
| 4pc Bathroom | 8.17 Ft x 4.92 Ft | |
| Primary Bedroom | 13.67 Ft x 12.42 Ft | |
| 2pc Bathroom | 7.42 Ft x 4.92 Ft | |
| Bedroom | 9.00 Ft x 9.00 Ft | |
| Bedroom | 7.92 Ft x 12.33 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 26.42 Ft x 13.83 Ft | |
| Kitchen | 9.42 Ft x 14.50 Ft | |
| Bedroom | 13.00 Ft x 8.67 Ft | |
| Bedroom | 13.00 Ft x 8.67 Ft | |
| 4pc Bathroom | 9.92 Ft x 8.25 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
-1.08%
Cap rate
4.65%
GRM
13.8
Break-even rent
$3,662
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.
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 8, 2026.
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.