4516 87 Avenue Ne, Calgary

$1,199,900

7 Beds
6 Baths
3,122 Sqft
.1 Acres
2 Garages

Discover Your Dream Mansion with Exceptional Income Potential – Featuring 2 LEGAL BASEMENT SUITES! Welcome to luxury living in the prestigious neighborhood of Saddle Ridge, just moments away from Gobind Sarvar Private School. This stunning 4,200+ sq. ft. home boasts 8 bedrooms and 6 full bathrooms, offering the perfect balance of lavish living and income-generating potential—ideal for both large families and savvy investors alike. As you step inside, you’ll be greeted by a grand foyer with an open-to-below design that creates an impressive first impression. High-end finishes abound, including engineered hardwood floors, elegant tiles, and sleek glass railings—showcasing modern opulence throughout. The main floor is thoughtfully designed, featuring a spacious living room, cozy family room, and a dining area that flows seamlessly into a gourmet chef’s kitchen. Equipped with top-of-the-line KitchenAid appliances, quartz countertops, and a separate spice kitchen with pantry, this space is perfect for both everyday meals and entertaining guests. Ideal for multi-generational living, the main floor also includes a well-appointed bedroom and full bathroom. Upstairs, you’ll find 4 generously sized bedrooms and 3 luxurious bathrooms, including two expansive master suites. The grand master room is a true retreat, with a stunning feature wall and a spa-like 5-piece ensuite. The second master room offers a private balcony with breathtaking panoramic views of the city. The real highlight of this home is the two separate, legal basement suites (Legal Basement Suite-homeowners & Legal Attached Secondary Suite)— each offering privacy and comfort with its own kitchen, living area, bedrooms, and full bathroom. The legal secondary suite is a spacious 2-bedroom, while the other is a cozy 1-bedroom. This suite provide excellent rental income potential, whether you choose to rent them out or keep one for personal use. This brand-new home is ideally located with quick access to Metis Trail NE, just a 7-minute drive from the airport, making commuting a breeze. Experience the ultimate in luxury and investment potential in this exceptional home. Don’t miss out on the chance to own this one-of-a-kind property!

Essential Information
MLS® #A2198143
Price$1,199,900
Bedrooms7
Bathrooms6.00
Full Baths6
Square Footage3,122
Acres0.10
Year Built2024
TypeResidential
Sub-TypeDetached
Style2 Storey
StatusActive
Community Information
Address4516 87 Avenue Ne
SubdivisionSaddle Ridge
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT3J 2H9
Amenities
Parking Spaces4
ParkingDouble Garage Attached
# of Garages2
Interior
HeatingStandard
CoolingNone
Has BasementYes
FireplaceYes
# of Fireplaces1
FireplacesElectric
Interior Features

Chandelier, Closet Organizers, High Ceilings, Kitchen Island, Open Floorplan, Quartz Counters, Vinyl Windows

Appliances

Built-In Oven, Dishwasher, Dryer, Electric Cooktop, Gas Stove, Microwave, Range Hood, Refrigerator, Washer/Dryer

Basement

Exterior Entry, Finished, Full, Suite

Exterior
Exterior FeaturesBBQ gas line, Private Yard
RoofAsphalt Shingle
ConstructionBrick, Concrete, Wood Frame
FoundationPoured Concrete
Lot Description

Back Yard, Interior Lot, Rectangular Lot

Additional Information
ZoningR-G
Listing Details
OfficeURBAN-REALTY.ca
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