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Calgary · Single Family · under $650,000 · 4+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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99 Dovercliffe Way SE
HOME SWEET HOME! Welcome to this recently, beautifully updated detached home offering EXCEPTIONAL VALUE and INVESTMENT POTENTIAL in the sought-after community of Dover. Featuring TWO FULLY CONTAINED AND LIVEABLE SUITES WITH SEPARATE ENTRANCES, this property is perfect for investors, multi-generational living, or homeowners looking for a mortgage helper! The bright and spacious upper level offers an open-concept floor plan complete with 3 generous bedrooms, a full bathroom, a convenient laundry closet, and a stylish kitchen that seamlessly flows into the living and dining areas. The FULLY DEVELOPED ILLEGAL BASEMENT SUITE features 2 bedrooms, a full bathroom, an open-concept kitchen, living and dining space, plus a large laundry, utility, and storage room. Extensively renovated throughout, this impressive home is loaded with upgrades including new kitchens, quartz countertops, luxury vinyl plank flooring, updated bathrooms, new windows and doors, stainless steel appliances, modern lighting, custom blinds, and much more. Offering over 2,061 SQ.FT. of developed living space, this property also includes a rough-in for a potential third bathroom, adding even more future value. Outside, enjoy the large fully fenced and landscaped backyard along with a parking pad that can accommodate 2 vehicles or an RV. Conveniently located close to parks, playgrounds, schools, shopping, public transit, downtown Calgary, the airport, and all major amenities, this is an incredible opportunity for both investors and first-time buyers alike. The basement tenant is willing to stay and currently assists with yard maintenance as part of the lease. The current owner is also willing to secure an upstairs tenant for added investment convenience. Don’t miss out on this rare and fantastic opportunity, book your private viewing today! Listing features virtual staging. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 5.17 Ft x 14.17 Ft | |
| Dining room | 5.17 Ft x 14.17 Ft | |
| Living room | 21.00 Ft x 13.58 Ft | |
| Primary Bedroom | 11.33 Ft x 11.50 Ft | |
| Bedroom | 11.25 Ft x 9.25 Ft | |
| 4pc Bathroom | 4.92 Ft x 7.75 Ft | |
| Laundry room | 14.25 Ft x 21.00 Ft | |
| Storage | 5.25 Ft x 6.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 3.25 Ft x 4.83 Ft | |
| Kitchen | 15.92 Ft x 11.67 Ft | |
| Dining room | 15.92 Ft x 11.67 Ft | |
| Living room | 15.92 Ft x 15.58 Ft | |
| Laundry room | 3.42 Ft x 3.25 Ft | |
| Primary Bedroom | 12.17 Ft x 12.00 Ft | |
| Bedroom | 8.00 Ft x 12.00 Ft | |
| Bedroom | 12.00 Ft x 9.92 Ft | |
| 4pc Bathroom | 8.50 Ft x 7.17 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)
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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.
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 May 20, 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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