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Calgary · Single Family · under $725,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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8028 5 Street SW
Your opportunity for a bungalow on a pie-shaped lot at a great price! The south end of 5th Street is a no-through street, providing a quiet backdrop for inner Calgary living. The extra-wide rear of the lot means there is space for a double garage plus a huge garden, RV parking, greenhouse, trampoline - let your imagination run wild! The oversized covered deck means you can comfortably enjoy the outdoors in rain or shine and the raspberry bushes are ready for your enjoyment this summer :) This bungalow features newer windows, roof, siding and kitchen updates including appliances, granite counters and backsplash. Hardwood floors freshly refinished! The kitchen can accommodate a small island or table and has a patio door right to the back deck. Large dining and living area includes a cozy gas fireplace. Three bedrooms up including one that has been converted to a laundry room - this gives the flexibility for same-level laundry or you could easily move it back to the basement hookups. You could also add a secondary suite in the lower level (subject to City of Calgary approvals) with the separate back entrance. The lower level has a huge rec room, 4th bedroom and full bathroom, plus plenty of storage. Kingsland is a centrally situated community with easy access in any direction due to the proximity of Macleod Tr, Elbow Dr, Glenmore Tr and Heritage Dr. There are schools of all levels (Chinook Park Elementary, Woodman Jr High and Wise Wood High) and plenty of amenities nearby. The Glenmore Reservoir is just 5 minutes away, providing an incredible escape to go walking or cycling and enjoy nature. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Bedroom | 9.83 Ft x 10.08 Ft | |
| Recreational, Games room | 28.08 Ft x 18.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | — | |
| Bedroom | 8.17 Ft x 10.17 Ft | |
| Dining room | 12.25 Ft x 5.58 Ft | |
| Kitchen | 11.17 Ft x 11.58 Ft | |
| Bedroom | 9.75 Ft x 10.25 Ft | |
| Living room | 12.25 Ft x 13.58 Ft | |
| Primary Bedroom | 11.75 Ft x 10.17 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
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Commute
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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
-1.10%
Cap rate
4.64%
GRM
13.9
Break-even rent
$4,026
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.
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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 9, 2026.
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Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.