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Home Communities Homestead 241 HOMESTEAD Terrace NE
$669,900 Expired
241 HOMESTEAD Terrace NE · Calgary · T3J 5R7
5 bd 2.0 ba 1,437 sqft $466/sqft Built 2024
MLS® A2301956 · Listed Apr 14, 2026
Listed by Executive Real Estate Services — Gulraiz Tariq
By the numbers

How this listing measures up

$/sqft $466
vs Homestead median -17% community avg $808K
Sqft per bedroom 287
Year built 2024
Annual taxes $4,950 2024
Garage 2 spaces
$/sqft distribution

Where this listing sits in Homestead

Of 17 active residential listings in Homestead, this property at $466/sqft sits in the $450–500 range.
$300–$350/sqft · 8 listings $350–$400/sqft · 8 listings $400–$450/sqft · 0 listings $450–$500/sqft · 1 listing $300 $350 $400 $450 $500 This · $466
Other active listings This listing's price range This listing

About this property

Newly Built in 2024 | 2-Bedroom Illegal Basement Suite with Separate Entrance | Approx. 1,437 SqFt | Open Floor Plan | Welcome to this beautifully designed home in the growing community of Homestead NE Calgary, offering the perfect blend of functionality and income potential. The main floor features a bright and open layout with large windows that fill the space with natural light, along with a modern kitchen equipped with ample cabinetry and a seamless flow into the living and dining areas—ideal for everyday living and entertaining. Upstairs, you’ll find 3 spacious bedrooms and 2 full bathrooms, providing comfortable living for families. The home also includes a separate entrance to a fully developed 2-bedroom illegal basement suite, complete with its own kitchen, living area, full bathroom, and laundry—perfect for extended family or generating rental income. Situated on a desirable lot, the property offers an ideal backyard space for outdoor enjoyment and future potential. Conveniently located within close proximity to Tim Hortons, Gurdwara Sahib, convenience stores, restaurants, parks, and more, with easy access to major roadways. This is a great opportunity for first-time buyers, growing families, or investors looking for long-term value in a rapidly developing community. Don’t miss out!

Property details

Bedrooms5
Bathrooms2.0
Style2 Storey
HeatingCentral
CoolingNone
FlooringCarpet
LevelsTwo
BasementFull
Basement developmentFinished
Interior featuresSeparate Entrance,Walk-In Closet(s)
AppliancesDishwasher,Electric Range,Refrigerator
InclusionsN/A
LaundryMultiple Locations
Lot size3822.00 sqft
Frontage33.2 ft
Lot featuresNo Neighbours Behind
Exterior featuresPrivate Entrance
FencingNone
PatioPatio
Year built2024
Construction materialsWood Frame
RoofAsphalt
FoundationPoured Concrete
Parking featuresDouble Garage Attached
Garage spaces2
Parking total4
Annual taxes$4,950
Tax year2024
PossessionImmediate
ZoningR-G
TitleFee Simple
RestrictionsNone Known
NeighbourhoodHomestead
Community featuresShopping Nearby
List AORCalgary

Location

Sold comparables in Homestead

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About Homestead

AI-generated summary

Homestead is a newer northeast Calgary community with a fresh, family-oriented atmosphere and a strong sense of suburban growth. Wide streets, modern builds, and open green spaces give it a clean, welcoming feel.

One of Calgary's newer northeast communities, with ongoing development and infrastructure build-out
Located near the Stoney Trail ring road, offering strong city-wide connectivity
Close proximity to the diverse amenities and services of the established Saddle Ridge area
Housing
Dominated by newly built single-family detached homes, laned houses, and semi-detached properties, with townhomes also available for more affordable entry points.
Transit
Transit options are still developing alongside the community's growth, with residents largely car-dependent; Stoney Trail and Metis Trail provide convenient access to the broader city.
Amenities
Everyday essentials are accessible via nearby Cornerstone and Saddle Ridge commercial nodes, with schools, parks, and pathways planned or under development within the community itself.
Who lives here
Primarily young families and newcomers to Canada attracted by new construction, relatively affordable pricing, and a close-knit, multicultural community atmosphere.
Full Homestead community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: Executive Real Estate Services — Gulraiz Tariq.