1244 Cornerstone Way Ne, Calgary

$589,900

5 Beds
4 Baths
1,567 Sqft
.06 Acres
0 Garages

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.

Essential Information
MLS® #A2278049
Price$589,900
Bedrooms5
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage1,567
Acres0.06
Year Built2020
TypeResidential
Sub-TypeSemi Detached
Style2 Storey, Side by Side
StatusActive
Community Information
Address1244 Cornerstone Way Ne
SubdivisionCornerstone.
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT3N 1Y2
Amenities
AmenitiesOther
Parking Spaces2
ParkingParking Pad
Interior
HeatingCentral
CoolingNone
Has BasementYes
BasementFull
Interior Features

Granite Counters, High Ceilings, No Animal Home, No Smoking Home, Open Floorplan, Pantry, Separate Entrance, Walk-In Closet(s)

Appliances

Dishwasher, Gas Range, Refrigerator, Washer/Dryer, Window Coverings

Exterior
Exterior FeaturesPlayground
RoofAsphalt
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, Front Yard, Interior Lot, Landscaped

Construction

Concrete, Vinyl Siding, Wood Frame

Additional Information
ZoningR-G
HOA Fees53
HOA Fees Freq.ANN
Listing Details
OfficeCIR Realty
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