pillar/IMG-A2177815_1.jpg
38 days on Market

4516 87AVENUE NE, Calgary, Alberta T3J 2H9

Detached
4 + 3
6
~3122.00 sqft
$1,199,900
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Detached
4 + 3
6
~3122.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$384/sqft

Est. Mortgage$5,153/mo

Tax Amount (2024)$3,395/yr

Days On Market38 days


Description

Discover Your Dream Mansion with Exceptional Income Potential – Featuring 2 LEGAL BASEMENT SUITES! Welcome to luxury living in the prestigious neighborhood of Saddle Ridge, just moments away from Gobind Sarvar Private School. This stunning 4,200+ sq. ft. home boasts 8 bedrooms and 6 full bathrooms, offering the perfect balance of lavish living and income-generating potential—ideal for both large families and savvy investors alike. As you step inside, you’ll be greeted by a grand foyer with an open-to-below design that creates an impressive first impression. High-end finishes abound, including engineered hardwood floors, elegant tiles, and sleek glass railings—showcasing modern opulence throughout. The main floor is thoughtfully designed, featuring a spacious living room, cozy family room, and a dining area that flows seamlessly into a gourmet chef’s kitchen. Equipped with top-of-the-line KitchenAid appliances, quartz countertops, and a separate spice kitchen with pantry, this space is perfect for both everyday meals and entertaining guests. Ideal for multi-generational living, the main floor also includes a well-appointed bedroom and full bathroom. Upstairs, you’ll find 4 generously sized bedrooms and 3 luxurious bathrooms, including two expansive master suites. The grand master suite is a true retreat, with a stunning feature wall and a spa-like 5-piece ensuite. The second master suite offers a private balcony with breathtaking panoramic views of the city. The real highlight of this home is the two separate, legal basement suites (Basement Suite & Attached Secondary Suite)— each offering privacy and comfort with its own kitchen, living area, bedrooms, and full bathroom. One suite is a spacious 2-bedroom, while the other is a cozy 1-bedroom. These suites provide excellent rental income potential, whether you choose to rent them out or keep one for personal use. This brand-new home is ideally located with quick access to Metis Trail NE, just a 7-minute drive from the airport, making commuting a breeze. Experience the ultimate in luxury and investment potential in this exceptional home. Don’t miss out on the chance to own this one-of-a-kind property!


Property Details

Style2 Storey
View-
Age of property2024
SqFt~3122.00 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2177815
Community NameSaddle Ridge
Data SourcePILLAR 9
Listing byURBAN-REALTY.ca

Features

Heating: Fireplace(s),Floor Furnace,Natural Gas
Basement: Finished,Full

Main Floor

3pc Bathroom

4`11" x 10`2"

Dining Room

12`0" x 8`6"

Family Room

13`7" x 17`0"

Other

18`11" x 25`6"


Features

Patio: Balcony(s),Deck

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property listed by URBAN-REALTY.ca, Brokerage
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Population and Demographics

Overview

Total population 20145
Average household income $115,331

Age (%)

0 to 19
30%
35 to 49
25%
20 to 34
24%
50 to 64
13%
65 and plus
8%

Household composition (%)

Single family
78%
Single person
10%
Multi person
7%
Multi family
5%

Mother tongue (%)

Punjabi (Panjabi)
41%
English
25%
Urdu
9%
Tagalog (Pilipino, Filipino)
6%
Others
3%
Hindi
3%
Gujarati
2%
Spanish
1%

House tenancy (%)

Owners
76%
Renters
24%

Schools and amenities

Estimated Budget