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Investment signal

$848,000

96 Homestead Grove NE

Save this home

Beds

7

Baths

5

Sqft

Year

2022

Type

Single Family

Suite

Suite potential

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

Step into this beautifully designed home in the sought-after Homestead community, where elegance meets modern functionality. Designed with both comfort and versatility in mind, this impressive residence offers 7 spacious bedrooms and a double attached garage -perfect for large or multigenerational families. The main floors welcomes you with two expansive living areas filled with natural light, creating a warm and inviting atmosphere throughout. A main-floor bedroom paired with a full bathroom provides an ideal space for guests or a private home office .The fully equipped spice kitchen adds convenience and flexibility for those who love to cook and entertain. Upstairs, you'll find four generously sized bedrooms ,including two primary suites, each with its own private ensuite ,along with an additional shared 4-piece bathroom to accommodate a busy house hold. A dedicated laundry room on this level ensures everyday ease and convenience. The fully developed basement features a legal 2-bedroom suite with its own private entrance -complete with a living area , kitchen ,full bathroom and separate laundry .Whether used for rental income or extended family living ,this space offers excellent added value .Finished with a smart home package ,four exterior security cameras, and an A/C rough-in for future air conditioning installation, this home seamlessly blends comfort ,convenience, and peace of mind .An exceptional opportunity in prestigious neighbourhood-schedule your private viewing today! (id:65958)

Subtype
Single Family
Structure
House
Community
Homestead
Common interest
Freehold
Living area
2,222 square feet
Lot size
318 square meters
Lot dimensions
318.00
Bedrooms
5 above grade, 2 below grade
Parking
4 total
Stories
2
Fireplace
1
On market
Apr 24, 2026
Status changed
Apr 27, 2026
Annual tax
$4,663 (2025)
Zoning
R-G
Photos
47
MLS#
A2304843
Area
CALGARY_NE

Features and systems

Parking

Attached Garage

Basement

FinishedFullSeparate entranceSuite

Appliances

RefrigeratorDishwasherStoveMicrowaveWasher & Dryer

Heating

Forced air

Cooling

NoneSee Remarks

Exterior

StoneVinyl siding

Flooring

CarpetedCeramic TileVinyl Plank

Foundation

Poured Concrete

Lot

Back laneNo Animal HomeNo Smoking Home
Negative cash flow ~$929/mo at these assumptions

Cash on cash

-6.57%

Cap rate

3.55%

GRM

16.6

Break-even rent

$5,227

Financing

Down payment$169,600
Loan amount$678,400
Mortgage$3,437/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$389
Insurance$80
Maintenance$707
CapEx reserve$353
Vacancy loss$213

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 $3,437/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 27, 2026.

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