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203, 8850 48 Street NE
Incredible Opportunity in Savanna, NE Calgary! 4 Brand-New Townhomes by Duke Homes!Welcome to a rare real estate offering in the highly sought-after, family-friendly community of Savanna. Built by the reputable Duke Homes, this exclusive collection of four brand-new, premium townhomes offers a variety of versatile floor plans to choose from. Ranging between 1,400 to 1,500 sq. ft. of beautifully designed living space, each unit features 3 to 4 spacious bedrooms and 3.5 pristine bathrooms.Designed with modern living and maximum ROI in mind, every townhome boasts an attached single-car garage and a rare, separate main-level bachelor den complete with its own full bathroom and dedicated laundry—perfect for an multi-generational family or an incredible extra income stream! The main living areas flow seamlessly, leading to an outdoor patio already equipped with a BBQ gas line for effortless summer entertaining.Unbeatable Location & Convenience:Cultural & Community Hub: Located just moments away from the local Gurdwara and the vibrant Saddletowne Circle.Shopping & Amenities: Endless retail, dining, and grocery options are right at your doorstep.Transit & Commuter Friendly: Excellent proximity to major transit hubs, the C-Train, and quick, easy access to major highways and the Calgary International Airport.Family Focused: Surrounded by great schools, parks, and playgrounds.Enjoy a low-maintenance lifestyle with low condo fees that conveniently cover snow removal and garbage pickup. Whether you are looking for the perfect family home with a mortgage helper or an elite addition to your investment portfolio, these units offer unmatched value. Choose your floor plan today before they are gone! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Office | 7.83 Ft x 11.17 Ft | |
| 3pc Bathroom | 7.50 Ft x 5.00 Ft | |
| Furnace | 9.92 Ft x 3.33 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Great room | 15.33 Ft x 10.50 Ft | |
| Kitchen | 11.50 Ft x 11.67 Ft | |
| Dining room | 9.58 Ft x 9.58 Ft | |
| 1pc Bathroom | 5.00 Ft x 5.42 Ft |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 10.00 Ft x 12.58 Ft | |
| 3pc Bathroom | 5.00 Ft x 8.00 Ft | |
| Other | 5.00 Ft x 5.67 Ft | |
| Bedroom | 10.00 Ft x 10.92 Ft | |
| Bedroom | 8.17 Ft x 10.50 Ft | |
| 3pc Bathroom | 8.17 Ft x 5.00 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
-1.33%
Cap rate
4.60%
GRM
13.9
Break-even rent
$3,116
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
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 10, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
Savanna Grocery & Halal Meat
9052 46 St NE, Calgary, AB T3J 4E4, Canada
4.4★ · 93 reviews
410 m away
straight-line
YYC Halal Meats Fish & Grocery
3770 Westwinds Dr NE #322, Calgary, AB T3J 5H3, Canada
4.8★ · 321 reviews
3.0 km away
straight-line
3.5 km away
straight-line
1.7 km away
straight-line
6.0 km away
straight-line
7.2 km away
straight-line
310 m away
straight-line
Mahd’s restaurant masjid
Cityline Heath NE, Calgary, AB T3N 2H6, Canada
5.0★ · 1 reviews
1.3 km away
straight-line
2.3 km away
straight-line
Light of Christ School | CCSD
6270 Saddlehorn Drive NE, Calgary, AB T3J 0L8
1.4 km away
straight-line
Saddle Ridge School | CBE
368 Saddlecrest Boulevard NE, Calgary, AB T3J 5L6
1.8 km away
straight-line
Taradale School | CBE
170 Taravista Drive NE, Calgary, AB T3J 5B1
2.0 km away
straight-line
Saddletowne Station
Saddle Ridge, Calgary, AB T3J 4K7, Canada
4.2★ · 85 reviews
1.2 km away
straight-line
Rundle LRT Station (NB 36 ST NE @ 24 AV NE)
Calgary, AB T1Y 4M7, Canada
3.8★ · 59 reviews
6.6 km away
straight-line
Marlborough LRT Station (EB Marlborough DR)
Calgary, AB T2A 5M2, Canada
3.6★ · 21 reviews
8.2 km away
straight-line