Townhouse
$250,000
117 Storybook Terrace NW
Ranchlands, Calgary8 days on market
listed by 2% Realty
MLS® A2352584
127 Storybook Terrace NW
$229,900
127 Storybook Terrace NW
Ranchlands, Calgary · MLS® A2344766
211
478 sq ft · Townhouse · Single Family · built 1980 · 43 days on market
listed by Steve Zacher, RE/MAX Real Estate (Mountain View)
realtor's description
Located in a well-established 18+ community, this bi-level unit offers a practical layout and an affordable lifestyle with easy access to city amenities.The main level features a functional kitchen with a spacious dining area, a bright living room with a wood-burning fireplace, and access to a private deck overlooking a park-like setting. The lower level offers two spacious bedrooms, a full bathroom, and a laundry room, separating the living and sleeping areas. The primary bedroom features plenty of natural light.Conveniently located within walking distance of Crowfoot Crossing, the LRT, the library, shopping, and other amenities, with easy access to major routes for commuting and weekend getaways. A great opportunity for those looking for comfortable, low-maintenance living in a convenient location.
property details
- type
- Townhouse, Single Family
- bedrooms
- 2
- bathrooms
- 1
- living area
- 478 sq ft
- parking
- 1
- year built
- 1980
- property tax
- $1,679 / yr
- strata fee
- $478 / mo ($1.00 / sq ft)
- strata rules
- Pets Allowed, Pets Allowed With Restrictions
- days on market
- 43
- MLS®
- A2344766
features
- No Smoking Home
- Parking
- Pets Allowed
- Pets Allowed With Restrictions
- Washer
- Refrigerator
monthly cost
$1,620/mo
Mortgage $1,002 · Tax $140 · Strata $478
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $1,840/mo
- after all costs
- −$102/mo
- cap rate
- 4.7%
- yearly net rent ÷ price
Costs: mortgage $1,002 · tax $140 · strata $478 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Calgary: CMHC's average there ($1,908) lowered by what new tenants pay against everyone in the Calgary area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
location
schools
Nearest public (CBE) and Catholic schools, by distance
- Elementary · CBE W. O. Mitchell School1.3 km
- Middle · CBE Arbour Lake Middle School1.4 km
- Secondary · CBE Robert Thirsk High School661 m
- Elementary · Catholic St. Rita School1.1 km
- Middle · Catholic St. Ambrose School1.2 km
- Secondary · Catholic St. Francis High School7.9 km
The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.
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