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Reduced $16,112 (2%) from $665,000
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96 Red Embers Crescent NE
Beds
6
Baths
4
Sqft
1,786
Year
2016
Type
Single Family
On market
12d
2 BEDROOM LEGAL BASEMENT SUITE — A fantastic opportunity to help offset your monthly mortgage payments by renting the basement and living upstairs! Offering approximately 2,700 Sq. Ft. of developed living space, this beautifully designed home features a total of 6 bedrooms and 4 full bathrooms, including a convenient main floor bedroom and full washroom. As you step inside, you are greeted by a spacious and functional open-concept layout designed for modern family living. The bright living room offers ample space to relax and entertain, while the kitchen is enhanced by a west-facing window that fills the home with natural light throughout the day. Upstairs, you will find 3 generously sized bedrooms, including a spacious primary retreat featuring a walk-in closet and an additional flex area perfect for a home office, study nook, or reading space. The upper-level laundry adds extra convenience for everyday living. Triple-pane windows throughout the home help improve energy efficiency and reduce utility costs year-round. The City-registered 2-bedroom legal basement suite has been thoughtfully designed by the current owners and includes a separate laundry area, a full-sized kitchen with stainless steel appliances, and a comfortable living space — ideal for extended family or rental income potential. Buyers may also explore available City of Calgary incentive programs and rebates for a future backyard/garage suites, making this property even more attractive for homeowners and investors alike. Conveniently located within walking distance of nearby plazas, shopping, restaurants, and everyday amenities, this home also offers quick and easy access to both Stoney Trail and Deerfoot Trail, making daily commuting simple and convenient. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 7.83 Ft | |
| Bedroom | 12.00 Ft x 10.83 Ft | |
| Bedroom | 10.92 Ft x 10.42 Ft | |
| Kitchen | 9.00 Ft x 14.33 Ft | |
| Living room | 11.08 Ft x 17.83 Ft | |
| Furnace | 12.00 Ft x 6.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 8.00 Ft | |
| Bedroom | 9.42 Ft x 11.58 Ft | |
| Dining room | 9.08 Ft x 12.67 Ft | |
| Foyer | 9.17 Ft x 10.50 Ft | |
| Kitchen | 9.83 Ft x 12.67 Ft | |
| Living room | 11.00 Ft x 14.83 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 9.08 Ft | |
| 4pc Bathroom | 5.00 Ft x 9.08 Ft | |
| Bedroom | 11.92 Ft x 9.33 Ft | |
| Bedroom | 13.33 Ft x 9.17 Ft | |
| Laundry room | 5.42 Ft x 8.83 Ft | |
| Primary Bedroom | 14.75 Ft x 13.83 Ft | |
| Other | 8.83 Ft x 5.67 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
$4,020
Financing
Operating expenses (monthly)
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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 Jun 9, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.