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956 Bracewood Rise SW
Beds
5
Baths
3
Sqft
1,168
Year
1978
Type
Single Family
On market
61d
HOME SWEET HOME! Welcome to your dreamy new home and smart investment opportunity in the heart of the family friendly and sought-after SW community of Braeside! From the moment you walk through the door, you can see how this EXQUISITELY RENOVATED BI LEVEL HOME WITH AN ILLEGAL 2 BEDROOM SUITE has been thoughtfully set up to maximize both comfort and income potential. Perfectly located on a CORNER LOT WITH ALLEY ACCESS from the side and rear on a generous 54 x 100 FT LOT, it offers flexibility for tenants, future development and strong long term investment potential. Upstairs, you are welcomed into a BRIGHT OPEN LIVING SPACE filled with natural light and sophisticated accents and decor, where a MODERN OPEN KITCHEN with STAINLESS STEEL APPLIANCES, QUARTZ COUNTERTOPS and a stylish QUARTZ ISLAND with a breakfast bar flows seamlessly into the main living area, anchored by an EXTRA LARGE ELECTRIC FIREPLACE that creates a warm and inviting feel. The upper level is complete with a primary bedroom with a spa-like 4 piece ensuite, 2 BEDROOMS and a FULL BATHROOM, making it ideal for a growing family. Downstairs features your fully developed, illegal BASEMENT SUITE designed to be a potential MORTGAGE HELPER featuring 2 ADDITIONAL BEDROOMS, a FULL BATHROOM, a LARGE OPEN KITCHEN with full appliances and its own comfortable living space with a COZY BRICK FIREPLACE. There is SEPARATE LAUNDRY for both levels and a SEPARATE SIDE ENTRANCE THROUGH THE GARAGE providing direct access to the basement, each space feels independent, functional and ideal for rental or multi generational living. You will appreciate the EXTENSIVE UPDATES including NEW WINDOWS AND SLIDING DOOR, VINYL PLANK FLOORING, FRESH PAINT, UPDATED TUBS, HARDWARE AND FAUCETS, and improved exterior air vents all done in 2024, along with a ROOF (approximately 2019) and a NEW GARAGE DOOR (2026). Outside, is your private oasis with a FULLY FENCED YARD offering a FRONT FIRE PIT AREA with a beautiful garden and a spacious and fen ced backyard, while the ATTACHED DOUBLE GARAGE adds everyday convenience. Unbeatable location just minutes from schools, parks, South Glenmore Park, Glenmore Resevoir with easy access to walking paths, Fish Creek Provincial Park, Southland Leisure Centre, playgrounds, shopping, public transportation and major roadways. this location supports both lifestyle and long term value. This is an incredible opportunity for all home buyers, investors and those who are interested in living up and renting downstairs. MUST VIEW! Don’t miss out on this GEM, book your private viewing today! Please note some rooms are Virtually Staged. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.58 Ft x 10.75 Ft | |
| Bedroom | 11.42 Ft x 14.42 Ft | |
| Bedroom | 14.67 Ft x 9.08 Ft | |
| Kitchen | 11.83 Ft x 10.92 Ft | |
| Laundry room | 7.75 Ft x 10.83 Ft | |
| Recreational, Games room | 11.83 Ft x 12.92 Ft | |
| Furnace | 3.83 Ft x 5.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 7.33 Ft x 6.67 Ft | |
| 4pc Bathroom | 7.33 Ft x 4.92 Ft | |
| Bedroom | 10.00 Ft x 9.08 Ft | |
| Bedroom | 8.92 Ft x 12.75 Ft | |
| Dining room | 9.25 Ft x 12.42 Ft | |
| Foyer | 6.58 Ft x 4.08 Ft | |
| Kitchen | 10.00 Ft x 14.17 Ft | |
| Living room | 12.75 Ft x 16.83 Ft | |
| Primary Bedroom | 12.08 Ft x 12.00 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
-1.05%
Cap rate
4.65%
GRM
13.9
Break-even rent
$4,329
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.
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 May 27, 2026.
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.