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Dean Martin

dean@calgarypropertysearch.com +1(403) 837-0909

$595,000

Est. payment - /mo

5 Beds

2 Baths

1,009 SqFt

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1009.0

Square Footage 1,009 sqft

Price per Sqft $589

Subdivision Penbrooke Meadows

MLS Listing ID A2335551

Style Bungalow

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1971

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Detached

Property Description

Fantastic Income Property! Generate approximately $3,500 per month in rental income as an investor,or take advantage of an excellent opportunity for first-time buyers. The lower legal suite is currently vacant,allowing you to move in while collecting $1,700/month from the main floor plus $600/month from the heated garage rental to help offset your mortgage. The main floor features a spacious living room,dining area,large kitchen,three good-sized bedrooms,and a 4-piece bathroom. The bright lower legal suite offers its own kitchen,large living room,two good-sized bedrooms,and a 4-piece bathroom. Shared laundry is conveniently located in lower level. Outside you'll find a mechanics dream insulated heated 28 x 28 garage/shop with 9' door,a large backyard with plenty of room to enjoy,a deck,and additional parking. Numerous updates include a furnace (approximately 12 years old),hot water tank (approximately 4 years old),basement windows (approximately 2 years old),and the main living room window. Located on a quiet street close to green spaces,shopping,schools,public transit,and all amenities,this is a versatile property offering strong cash flow,mortgage assistance,or an ideal investment opportunity. Click on link to view 3D walk through.

Location

Province AB

County 0046

Community Park, Playground, Schools Nearby, Shopping Nearby

Area Cal Zone E

Zoning R-CG

Direction SE

Location Details Suite Attached/Within Primary Dwelling

Rooms

Basement Other, Full, Finished

Guest Accommodations Basement

Interior

Interior Features See Remarks

Heating Forced Air, Natural Gas

Cooling None

Flooring Ceramic Tile

Inclusions Fridge, stove, dishwasher in lower level, shed

Fireplace Yes

Appliance Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings

Laundry Lower Level

Exterior

Exterior Feature Other

Parking Features Double Garage Detached, Heated Garage, Insulated, Oversized

Garage Spaces 2.0

Fence Fenced

Community Features Park, Playground, Schools Nearby, Shopping Nearby

Roof Type Asphalt Shingle

Porch Deck

Total Parking Spaces 4

Garage Yes

Building

Lot Description Back Lane, Landscaped

Dwelling Type House

Faces W

Story One

Foundation Poured Concrete

Architectural Style Bungalow

Dwelling Type Suite Attached/Within Primary Dwelling

Level or Stories One

New Construction No

Others

Restrictions None Known

Virtual Tour 2 https://youriguide.com/112_penmeadows_close_se_calgary_ab/

Virtual Tour https://youriguide.com/112_penmeadows_close_se_calgary_ab/

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Listed by RE/MAX Real Estate (Mountain View)

112 Penmeadows Close SE Calgary, AB T2A 3S2