Investment signal

$539,900

8823 36 Avenue NW

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Beds

Baths

Sqft

—

Year

1955

Type

Single Family

Suite

Investment signal

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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

Bright 956 sqft bungalow located on a spacious 50x120 lot facing south. Situated in an excellent location, just half a block away from Bowness Park, the river, bike paths, and more. Featuring hardwood floors, carpets, and a cozy interior that could benefit from some tender loving care. Ideal for a handy person looking for a starter home or as a valuable holding property investment opportunity. Embrace the potential of this charming space in a desirable neighborhood. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: Bowness
Common interest: Freehold
Living area: 955 square feet
Lot size: 557 square meters
Lot dimensions: 557.00
Bedrooms: 2 above grade, 0 below grade
Parking: 2 total
Stories: 1
On market: Feb 26, 2026
Status changed: Apr 24, 2026
Annual tax: $2,876 (2025)
Zoning: R-CG
Photos: 1
MLS#: A2280915
Area: CALGARY_NW

Features and systems

Parking

Parking PadOther

Basement

UnfinishedFull

Appliances

None

Heating

Forced airNatural gas

Cooling

None

Exterior

Wood siding

Construction

Wood frame

Flooring

HardwoodCarpeted

Foundation

Poured Concrete

Lot

See remarksBack laneLevel

Security

Smoke Detectors

Negative cash flow ~$626/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.95%

Cap rate

3.47%

GRM

16.7

Break-even rent

$3,359

Financing

Down payment$107,980

Loan amount$431,920

Mortgage$2,188/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$247

Insurance$80

Maintenance$450

CapEx reserve$225

Vacancy loss$135

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 $2,188/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 24, 2026.