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8432 Elbow Drive SW
Beds
3
Baths
2
Sqft
1,136
Year
1958
Type
Single Family
On market
14d
Opportunities abound with this move-in ready 3-bedroom, 2-bathroom home situated on an impressive 60’ x 120’ R-CG lot on the northern edge of Haysboro. With the roof, windows, and furnace already updated, along with a refreshed kitchen, this is an ideal property to live in or rent while you explore the future development potential of this prime location. The classic main floor layout features beautiful original hardwood flooring through the living and dining areas, The space has been thoughtfully opened up from its original design, creating better flow and connectivity. Upstairs, the original hardwood continues through all three bedrooms, while the bathroom has been tastefully updated. The lower level offers a full bathroom, an expansive rec room with an adjacent space perfect for an office or additional bedroom and the laundry/mechanical room with additional storage. The mature treed front yard provides privacy from both the street and neighbouring properties. The backyard is massive offering exceptional space for outdoor living, entertaining and future development. At the rear, you’ll find substantial off-street parking with space for up to four vehicles in addition to the detached single garage. Located in the established southwest community of Haysboro, this home offers the perfect balance of convenience, connectivity, and lifestyle. Known for its mature tree-lined streets and welcoming atmosphere, Haysboro is popular with families, professionals, and downsizers alike. Residents enjoy quick access to major routes, nearby Heritage C-Train station, parks, pathways, schools, shopping, and everyday amenities. Just minutes from Glenmore Reservoir, Heritage Park, Chinook Centre, this location combines suburban comfort with easy access to downtown Calgary. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Recreational, Games room | 17.83 Ft x 21.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Dining room | 8.58 Ft x 11.67 Ft | |
| Kitchen | 12.67 Ft x 11.25 Ft | |
| Living room | 17.42 Ft x 12.67 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | — | |
| Primary Bedroom | 11.00 Ft x 11.33 Ft | |
| Bedroom | 8.25 Ft x 11.17 Ft | |
| Bedroom | 8.58 Ft x 11.33 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
13.9
Break-even rent
$4,178
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.
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.