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908 30 Avenue NW
** OPEN HOUSE Saturday, June 13th 1pm3-pm. ** Location is everything; this isn't just a well-kept home, it's an opportunity. Situated on a quiet, tree-lined street in the heart of Cambrian Heights, this charming bungalow offers something increasingly rare in Calgary's inner city: options. Whether you're looking to renovate and create your forever home, explore the potential for a secondary legal suite (subject to approval and permitting by the city/municipality) with the separate basement entrance, or start fresh and build your dream home, this property is ready for its next chapter.The existing bungalow offers a functional layout with comfortable living spaces and plenty of natural light, while the undeveloped basement provides a blank canvas for future expansion. With a separate entrance already in place, buyers can explore the possibilities of additional living space or income potential, subject to any required approvals and permitting.Outside, the generous lot provides ample room to reimagine the property, whether that's creating an incredible backyard retreat or designing a custom home that takes full advantage of this desirable location, just moments to Confederation Park.Life in Cambrian Heights is about more than just the home. With easy access to downtown, excellent schools, parks, pathways, golf courses, and local favourites, you'll enjoy the perfect balance of quiet residential living and city convenience. Whether you're a first-time buyer with a vision, an investor looking for your next project, or someone dreaming of building a custom home in an exceptional neighbourhood, this property offers the opportunity to create something truly special.Bring your ideas, your plans, and your vision—this could be the one you've been waiting for. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 22.17 Ft x 12.92 Ft | |
| Bonus Room | 38.67 Ft x 13.25 Ft | |
| Storage | 16.08 Ft x 9.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.42 Ft x 7.42 Ft | |
| Bedroom | 10.92 Ft x 10.08 Ft | |
| Bedroom | 8.08 Ft x 10.08 Ft | |
| Primary Bedroom | 12.25 Ft x 11.92 Ft | |
| Dining room | 9.08 Ft x 8.25 Ft | |
| Kitchen | 14.83 Ft x 13.33 Ft | |
| Living room | 13.25 Ft x 15.08 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
-0.90%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,542
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 11, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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