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Legal suite

$510,000

80 Martinglen Way NE

Save this home

Beds

4

Baths

3 full + 1 half

Sqft

Year

1991

Type

Single Family

Suite

Legal suite

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

Welcome to this well-maintained half duplex in the desirable community of Martindale! This semi-detached home features a single front-attached garage and offers a functional layout perfect for families and investors alike.The main floor boasts a bright living room, spacious dining area, a well-appointed kitchen, convenient half bathroom, and in-suite laundry. Upstairs, you’ll find 3 generously sized bedrooms and a full bathroom, providing comfortable living space for the whole family.The property also includes a legal basement suite with a separate entrance, offering excellent mortgage helper potential. The suite features 1 bedroom, an ensuite bathroom, and its own private laundry for added convenience.Enjoy added privacy with no neighbors at the back. Ideally located close to schools, shopping, gas stations, public transit including the LRT, and a nearby gurdwara, this home offers both comfort and convenience in a prime location.A fantastic opportunity you don’t want to miss! (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Martindale
Common interest
Freehold
Living area
1,228 square feet
Lot size
270 square meters
Lot dimensions
270.00
Bedrooms
3 above grade, 1 below grade
Parking
2 total
Stories
2
On market
Apr 13, 2026
Status changed
Apr 23, 2026
Annual tax
$3,223.03 (2025)
Zoning
R-CG
Photos
37
MLS#
A2301073
Area
CALGARY_NE

Features and systems

Parking

Attached Garage

Basement

FinishedFullSeparate entranceWalk-upSuite

Appliances

WasherRange - GasRange - ElectricDishwasherDryerMicrowaveGarage door opener

Heating

Central heating

Cooling

None

Exterior

Stucco

Flooring

LaminateCarpetedCeramic Tile

Foundation

Poured Concrete

Lot

No Animal HomeNo Smoking Home
Negative cash flow ~$121/mo at these assumptions

Cash on cash

-1.42%

Cap rate

4.58%

GRM

13.9

Break-even rent

$3,177

Financing

Down payment$102,000
Loan amount$408,000
Mortgage$2,067/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$234
Insurance$80
Maintenance$425
CapEx reserve$213
Vacancy loss$153

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.

Mortgage estimate

Estimated $2,067/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 23, 2026.

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