Property Details

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1244 Cornerstone Way NE
Calgary (A2278049)

$589,900
5
3+1
1,567 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Quick possession available. Turnkey investment opportunity featuring a 5-bedroom, 3.5-bath half-duplex with a legal 2-bedroom basement suite currently rented for $1,700/month. Built in 2020 and located in the high-demand northeast community of Cornerstone, this property offers immediate rental income and strong long-term investment potential. The main dwelling features a bright, open-concept layout with modern finishes including quartz countertops, stainless steel appliances, a gas range, and durable flooring throughout—ideal for minimizing ongoing maintenance. Upstairs includes three well-sized bedrooms, a primary bedroom with walk-in closet and ensuite, upper-floor laundry, and a flexible bonus area suitable for added tenant appeal. The legal basement suite is fully self-contained, offering a separate kitchen, living space, two bedrooms, a 4-piece bathroom, private laundry, high ceilings, sound-reducing insulation, and an independent high-efficiency furnace, allowing for separate utility control and enhanced tenant comfort. Equipped with smoke and carbon monoxide detectors and a high-efficiency exhaust system. Additional features include a rear parking pad with lane access, level lot, and proximity to transit, schools, shopping, parks, and major routes such as Stoney Trail and Country Hills Boulevard—supporting strong rental demand and low vacancy. Suitable for investors seeking immediate cash flow, or owner-occupants looking to offset mortgage costs. A solid income-producing property in a growing community—book your showing today.

Property details

Basic Info

MLS® #
A2278049
Property Type:
Residential
Subtype:
Semi Detached (Half Duplex)
Subdivision:
Cornerstone
Price
$589,900
Sale/Lease:
For Sale
Size:
1,567 sq.ft.
Bedrooms:
5
Bathrooms:
3 full / 1 half
Year Built:
2020 (6 years old)

Building Info

Structure Type:
Duplex
Building Style:
2 Storey, Attached-Side by Side
Garage:
No
Parking:
Parking Pad
Fence:
Partial
Basement:
Full
Features:
Granite Counters, High Ceilings, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Separate Entrance, Walk-In Closet(s)
Inclusions:
N/A
Appliances:
Dishwasher, Gas Range, Refrigerator, Washer/Dryer, Window Coverings
Laundry:
In Basement, In Unit, Upper Level
Exterior Features:
Playground
Patio/Porch Features:
None

Neighborhood Info

Nearby Amenities:
Park, Playground, Pond, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Condo/Association Info

Condo Amenities:
Other
Condo Fee 2:
$53

Lot / Land Info

Lot Size:
0.06 acres
Lot Features:
Back Lane, Back Yard, Front Yard, Interior Lot, Landscaped
Zoning:
R-G

Materials & Systems

Roof:
Asphalt
Exterior:
Concrete,Vinyl Siding,Wood Frame
Floors:
Carpet, Vinyl
Foundation:
Poured Concrete
Heating:
Central
Cooling:
None
Amenities:
Park, Playground, Pond, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Listing Info

Possession:
30 Days / Neg,Negotiable
Days on Market:
1
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Grassroots Realty Group Ltd.
1-833-477-6687

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