Bank-owned

$455,000

222 Saddlelake Terrace NE

Saddle Ridge, Northeast Calgary, AB T3J 0V3

4 bedrooms · 3.5 bathrooms · 1,362 sq ft

Buying a bank-owned home

Can I put conditions on my offer?
Yes. Banks usually accept financing, inspection and condo document conditions.
Will they counter or negotiate?
Yes. The bank is on title, so it can counter-offer like a regular seller.
How long until I know?
Usually a few days, rarely more than a week.

How bank-owned sales work →

About this duplex

Fantastic Opportunity to OWN a home near schools and shopping in Saddleridge. This 4 bedroom, 3.5 Bath home with single attached garage, and garage pad in back is waiting for its new owners. It is FULLY FINISHED . This home has a very functional kitchen, with granite counters and modern cabinetry. There is also a pantry, and utility closet. Nice big windows let in plenty of light. The living room is a great size and place to entertain and have family time. There is also a 2 piece bath on the main level for convenience. Upstairs are 3 good size bedrooms with Primary hosting a walk in closet and 3 pce en suite. Laundry is also on this level and a 4 pce bath for the family. Going downstairs you'll notice a private side entrance. The finished basement comes with a with 4th bedroom along with a 4 pce bath and living space. It may have been a suite at one time, but is also a great space for the teenagers to hang out. Saddleridge has schools, shopping, easy access to Stoney Trail and bus routes. Come and view this property today and live here tomorrow.

Details

Status
Active
MLS® number
A2355356
Type of sale
Bank-owned
Property type
Semi Detached (Half Duplex)
Community
Saddle Ridge
Year built
2015
Style
2 Storey,Attached-Side by Side
Bedrooms
4
Bathrooms
3 full, 1 half
Living area
1,362 sq ft (above grade)
Lot size
2,809 sq ft
Zoning
R-2M
Price per sq ft
$334
Basement
Full, Finished
Parking
Parking Pad, Single Garage Attached
Ensuite
Yes
Possession
15 Days / Neg, Immediate
Listed
October 28, 2026

Features

Heating & cooling
High Efficiency, Forced Air, Natural Gas, None
Flooring
Carpet, Tile, Vinyl Plank
Interior
Closet Organizers, Kitchen Island, Pantry, Walk-In Closet(s)
Exterior
None, Stone, Vinyl Siding, Wood Frame

Location

Use Up close to check for busy roads, train tracks and commercial neighbours.

Estimated monthly cost

Mortgage (20% down, 4.49%, 25 years)$2,013
Property tax (2026: $3,807 ÷ 12)$317
Total before utilities and insurance$2,330

An estimate only. Your rate, down payment and mortgage insurance will change it.

What duplexes sold for in Saddle Ridge

In the last 12 months, 14 duplexes sold in Saddle Ridge (all sales, not just foreclosures) at a median price of $575,000 ($342 per sq ft), after a median of 48 days on the market. This one is listed at $334 per sq ft, 2% below that median.

Price per square foot doesn't account for condition, upgrades, lot, view or parking, and foreclosures are sold as is. Ask Jerry for a full comparison before you offer.

Listing courtesy of CIR Realty. MLS® A2355356.

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All Northeast Calgary foreclosures → All foreclosure duplexes →