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9812 2 Street SE
Beds
5
Baths
3 full + 1 half
Sqft
1,083
Year
1962
Type
Single Family
On market
33d
Opportunity knocks in Acadia. Whether you’re looking to live up and rent down, add to your investment portfolio, or renovate and build equity, this LEGALLY SUITED bungalow offers flexibility and upside in one of Calgary’s most established communities. The main floor features 1083 SqFt of classic and functional living space with a semi-open concept layout, refinished original hardwood floors and a large picture window that fills the home with natural light throughout the day. The kitchen has been updated and connects to a well-sized dining area while the front living room offers plenty of space for everyday living. Down the hall are three good-sized bedrooms. The primary is perfectly equipped with a 2-piece ensuite and dual closets. The registered, legal suite (2 bed/1 bath) is a standout feature, ideal as a mortgage helper, in-law suite or student refuge. Additional highlights include: Updated PEX plumbing throughout, oversized garage + parking pad for two additional vehicles, hot water rank replaced November 2020, roof shingles replaced in 2016 (approx), furnace replaced in September 2015 and new concrete front steps just installed. This home offers solid fundamentals with room to personalize and add value over time. Acadia consistently ranks as one of Calgary’s top neighbourhoods and it’s easy to see why. Residents enjoy wide, tree lined streets, large lots and a true sense of community along with easy access to Southland Drive, Deerfoot and MacLeod Trails. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.58 Ft x 12.42 Ft | |
| Bedroom | 11.25 Ft x 10.50 Ft | |
| Living room | 12.83 Ft x 13.67 Ft | |
| Kitchen | 8.17 Ft x 10.33 Ft | |
| 4pc Bathroom | 4.92 Ft x 6.50 Ft | |
| Storage | 20.75 Ft x 13.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 16.75 Ft x 14.25 Ft | |
| Dining room | 8.33 Ft x 9.08 Ft | |
| Kitchen | 12.83 Ft x 12.50 Ft | |
| 4pc Bathroom | 4.92 Ft x 7.58 Ft | |
| Primary Bedroom | 12.08 Ft x 12.58 Ft | |
| Bedroom | 11.25 Ft x 8.67 Ft | |
| Bedroom | 8.08 Ft x 12.25 Ft | |
| 2pc Bathroom | 4.92 Ft x 4.42 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
-1.12%
Cap rate
4.64%
GRM
13.9
Break-even rent
$3,717
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 15, 2026.
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