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71, 116 Silver Crest Drive NW
homes for sale · Calgary · Silver Springs
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$279,900

71, 116 Silver Crest Drive NW

Silver Springs, Calgary · MLS® A2347856

321

1,345 sq ft · Townhouse · Single Family · built 1976 · 16 days on market

listed by Josh Nelson, Royal LePage Benchmark

realtor's description

Bring your vision! This 3-bedroom townhouse in established Silver Springs is ready for a custom renovation, a great fit for buyers who want to create a space that's truly their own, or investors looking for a solid project in a high-demand location. Offering 1,344 sq ft of living space, the home features a massive southeast-facing patio that catches the morning sun, plus covered carport parking.Location is the standout here. The Silver Springs Recreation Centre and pool are right across the street, with swimming, fitness classes and community events just steps from your door. Nature lovers will enjoy the nearby ravine pathways and the community's unique Botanical Gardens. You're also close to Crowfoot Crossing, restaurants, public transit, numerous schools, the University of Calgary, Canada Olympic Park, Foothills Medical Centre, Alberta Children's Hospital and quick access to major roadways.The complex is well managed and reputable, with affordable condo fees, and pets are welcome with board approval. Opportunities like this in Silver Springs don't come along often. Book your private showing today!

similar homes nearby

property details

type
Townhouse, Single Family
bedrooms
3
bathrooms
2
living area
1,345 sq ft
parking
1
year built
1976
property tax
$2,244 / yr
strata fee
$328 / mo ($0.24 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
16
MLS®
A2347856

features

  • Other
  • No Smoking Home
  • Parking
  • Pets Allowed With Restrictions
  • Washer
  • Refrigerator

monthly cost

$1,735/mo
Mortgage $1,219 · Tax $187 · Strata $328

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

estimated payment
$1,219/ monthly
loan $223,920
25-year amortization
total interest
$141,929
land title fees
$605
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$56,585
down + land title fees
total paid
$365,849

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
$13/mo
cap rate
5.3%
yearly net rent ÷ price

Costs: mortgage $1,219 · tax $187 · strata $328 · 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

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Silver Springs School321 m
  • Middle · CBE Thomas B. Riley School1.8 km
  • Secondary · CBE Bowness High School1.2 km
  • Elementary · Catholic St. Sylvester School693 m
  • Middle · Catholic Our Lady of the Assumption School2.2 km
  • Secondary · Catholic St. Francis High School6.6 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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Josh Nelson
Royal LePage Benchmark
call Josh · 403-862-2877
Powered by: REALTOR.ca
▶ virtual tour

location

Silver Springs, CalgaryGoogle Maps ↗

Rapid transit: Dalhousie CTrain station, 2.2 km (about 35 min walk); Crowfoot CTrain station, 2.4 km (about 37 min walk).

city assessment

$337,500

2026 assessment · market value as of July 1, 2025

  • Up 2.4% from $329,500 in 2025
  • $279,500 in 2016 (21% over ten years)
  • Asking price is 17% below the assessment
  • Built 1976
  • Lot 16,511 m² (177,723 sq ft)
roll yearassessed
2026$337,500
2025$329,500
2024$265,000
2023$241,500
2022$229,000
2021$222,500
2020$235,500
2019$243,000

From City of Calgary open data (property assessments), matched to 71 116 SILVER CREST DR NW. 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 $2,244 a year

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

The listing shows $2,244 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.

location

Silver Springs, CalgaryGoogle Maps ↗

Rapid transit: Dalhousie CTrain station, 2.2 km (about 35 min walk); Crowfoot CTrain station, 2.4 km (about 37 min walk).

Drive times
  • Silver Springs3 min
  • Alberta Children's Hospital10 min
  • Bowness High10 min
  • University of Calgary10 min
  • Downtown Calgary18 min
  • YYC airport24 min
67

Walkability 67/100 · Walkable: many errands on foot

Within a 10 minute walk: 1 grocery store, 2 places to eat or drink, 1 cafe, 11 parks and playgrounds, 2 schools, 1 pharmacy, 21 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

41, 116 Silver Crest Drive NW, Calgary
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Townhouse
$315,000
4methe deep dive
41, 116 Silver Crest Drive NW
Silver Springs, Calgary9 days on market
listed by Town Residential
3311,303 sq ft
MLS® A2352747