Calgary Realtor

$575,000 · For Sale
424 Penbrooke Crescent SE, Calgary, Alberta
3+2Bedrooms
3Bathrooms
957sq ft
405m² Lot
89Days on Market

About This Property

Phenomenal investment opportunity or perfect mortgage helper! Welcome to this fully updated, turn-key bi-level home offering incredible versatility and massive income potential. The bright and airy main floor features a spacious living area equipped with a cozy electric fireplace and a beautiful mantle that serves as a stunning focal point for the space. The living area flows seamlessly into a fully renovated kitchen, complete with premium stainless steel appliances, a gas stove, gleaming granite countertops, a sleek breakfast bar, and a convenient door leading directly out to the deck. This upper level also boasts 3 generously sized bedrooms, a modern 4-piece bathroom, and its own dedicated, private laundry. Downstairs, the fully finished lower level features a smart layout designed to maximize revenue, including two independent illegal suites. Each suite offers 1 comfortable bedroom and a full bathroom, with access to a shared basement laundry area. Fully updated from top to bottom with modern finishes, this property allows you to live upstairs while your tenants pay the mortgage, or rent out the entire building for maximum cash flow. Don't miss out on this rare, high-yielding property—schedule your private viewing today!

Key Features

  • Built in 1972
  • House
  • Freehold
  • Basement: Finished, Full, Suite
  • Parking Pad Parking
  • 1 Fireplace

Property Details

Community Penbrooke Meadows
Property Type Single Family
Building Type House
Year Built 1972
Ownership/Title Freehold
MLS® Number A2323383

Size & Land

Finished Area 957 sq ft
Land Size 405 m² Lot

Building Features

Basement Finished, Full, Suite
Heating Central heating
Cooling None
Foundation Poured Concrete
Fireplace 1 Fireplace

Parking

Parking Type Parking Pad
Parking Spaces 2

Financial & Other

Property Taxes $3,215/yr

Location

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Map location is approximate.

Estimated Monthly Payment

$2,442/mo

Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.

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Listing courtesy of LPT Realty · Calgary Real Estate Board
View on REALTOR.ca
ED
Evans Dobey
REALTOR | CIR Realty
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