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817 17 Avenue SE
Beds
3
Baths
2
Sqft
1,046
Year
1952
Type
Single Family
On market
25d
Tucked into one of Calgary’s most sought-after inner-city neighbourhoods, this charming bungalow offers an incredible opportunity to enjoy the character of an established community while being just a couple of blocks from the iconic Scotsman's Hill and within walking distance to cafés and restaurants. Whether you’re looking to move in and enjoy the home as-is, generate rental income, renovate, or build your dream property with spectacular future views, the possibilities here are endless. The major updates have already been taken care of, including the roof, electrical, mechanical systems and almost all windows, offering peace of mind while still leaving room for future customization or redevelopment potential. Thoughtfully positioned on the lot, the home is surrounded by mature landscaping and beautiful perennial gardens. The sunny south-facing backyard feels like a hidden retreat with multiple outdoor living spaces designed to be enjoyed throughout the day. A tiered private deck overlooks the lush yard, while a second deck and fire pit area at the rear of the property provides even more space for relaxing or entertaining and includes convenient storage for outdoor cushions. Inside, the home blends warmth, charm and functionality with bright living spaces and an abundance of natural light throughout. The spacious front living room features large windows and original hardwood flooring and leads to a bright white kitchen. The solarium dining area is especially picturesque, shaded by a beautiful mature tree and offering year-round garden views. The primary bedroom is tucked privately toward the back of the home and is surrounded by windows overlooking the yard. The beautifully renovated main bathroom features a large walk-in shower, stylish finishes and a spacious vanity area. The second bedroom offers flexibility for guests, family or a home office setup. Downstairs, the illegal one-bedroom suite with separate entrance features a lovely renovated 4-piece bathroom, lar ge windows throughout and excellent natural light, making it feel open and welcoming rather than below grade. Shared laundry and storage is conveniently located for both levels. Outside there is an oversized single garage plus a double parking pad all backing onto a quiet alley with no-through traffic. The location is exceptional - walk to boutique shops, cafés, wine bars, breweries and restaurants, enjoy quick access to river pathways and downtown, and take in the energy of the city while still enjoying the charm and community feel of historic Ramsay. Ramsay School is within walking distance, and one of Calgary’s best summer traditions awaits just steps away - watching the spectacular Grandstand Show fireworks from Scotsman’s Hill. A rare opportunity in an iconic location with tremendous lifestyle and future potential. Click on the 3D icon for a virtual walk-through! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 6.83 Ft x 5.25 Ft | |
| Bedroom | 9.83 Ft x 10.50 Ft | |
| Kitchen | 9.92 Ft x 5.58 Ft | |
| Recreational, Games room | 12.92 Ft x 20.67 Ft | |
| Storage | 12.83 Ft x 16.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 14.67 Ft x 6.58 Ft | |
| Bedroom | 12.00 Ft x 11.75 Ft | |
| Dining room | 5.67 Ft x 7.25 Ft | |
| Kitchen | 12.92 Ft x 13.42 Ft | |
| Living room | 14.58 Ft x 15.25 Ft | |
| Primary Bedroom | 14.00 Ft x 10.75 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
-1.01%
Cap rate
4.66%
GRM
13.9
Break-even rent
$4,632
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 9, 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.