215 Pineset Place NE

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$354,900

215 Pineset Place NE

Pineridge, Calgary · MLS® A2347082

322

1,194 sq ft · 342 m² lot · Townhouse · Single Family · built 1976 · 32 days on market

listed by Dan Sidhu, MaxValue Realty Ltd.

realtor's description

EXCELLENT STARTER OR FIRST TIME HOME BUYER, ALMOST 1200 SQUARE FEET 2 STORY TOWN HOME , CORNER UNIT " NO CONDO FEE " ,THREE BEDROOMS UPSTAIR, FULL BATHROOM, MAIN FLOOR HALF WAHSROOM , LARGE LIVING ROOM ,BEAUTIFUL KITCHEN ,DINING ROOM AND PATIO DOOR TO THE DECK.BASEMENT IS FINISHED WITH LARGE REC ROOM , LAUNDRY AND STORAGE ROOM. RECENT UPGRADES INCLUDED NEW PAINT,NEW LAMINATE FLOORING,BRAND NEW KITCHEN CUPBOARDS ,SOME NEW LIGHT FIXTURES , 2 CAR FRONT DRIVWAY FOR THE PARKING AND CUL-DE-SAC LOCATION. WALK TO ALL LEVELS OF SCHOOLS , VILLAGE SQUARE LEASURE CENTRE,SHOPPING CENTRE ,PUBLIC TRANSPORTATION AND VERY EASY ACCESS TO TRANS CANADA HWY.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,194 sq ft
lot: 342 m²
parking: 2
year built: 1976
property tax: $2,636 / yr
days on market: 32
MLS®: A2347082

features

No Animal Home
No Smoking Home
Parking
Refrigerator
Dishwasher
Stove

city assessment

$396,500

2026 assessment · market value as of July 1, 2025

Up 11.4% from $356,000 in 2025
$248,000 in 2016 (60% over ten years)
Asking price is 10% below the assessment
Built 1976
Lot 342 m² (3,682 sq ft)

roll year	assessed
2026	$396,500
2025	$356,000
2024	$270,500
2023	$253,000
2022	$228,000
2021	$201,500
2020	$203,000
2019	$205,000

From City of Calgary open data (property assessments), matched to 215 PINESET PL NE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $2,637 a year

The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $2,636 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.

monthly cost

$1,766/mo

Mortgage $1,546 · Tax $220

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,546/ monthly

loan $283,920

25-year amortization

down payment20% · $70,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $179,960
land title fees: $740; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $71,720; down + land title fees
total paid: $463,880

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent: $2,090/mo
after all costs: −$18/mo
cap rate: 5.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,546 · tax $220 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Calgary: CMHC's average there ($2,118) 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