Active

CORNERSTONE

289 Cornerstone Passage Ne, Calgary, AB

$689,999

Residential · MLS® A2295521
6Bedrooms
4Bathrooms
1,801.89Sq Ft
2Garage
2017Year Built
02 / Overview

PROPERTY OVERVIEW

NEW PAINT | OVERSIZED GARAGE (2025) | ILLEGAL BASEMENT SUITE | SEPARATE EXTERIOR ENTRANCE | FEATURE WALLS. Welcome to this beautifully maintained Jayman-built 6-bedroom, 4-bathroom detached home located in the vibrant community of Cornerstone. This property offers a fully finished illegal basement suite with a separate exterior entrance—ideal for extended family living or potential rental income. A newly built oversized detached garage (2025) provides ample space to comfortably protect your vehicles from snow and rain. The home has also seen...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,801.89 sq ft
Lot Size940 sq ft
ZoningR-G
HeatingHigh Efficiency • Floor Furnace • Forced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached
ExteriorRain Gutters
BasementFull
Year Built2017
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$40After mortgage & expenses
Cap Rate4.5%Based on market rents
Cash on Cash Return0.3%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CORNERSTONE

Moderate Investment
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Investment Score69/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Timmy Sharma · Coldwell Banker YAD Realty