632 55 ST SE Active

Calgary,AB T2A 3R6

$ 540000

7 Beds

3 Baths

1187 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,187 sqft

Price per Sqft $454

Subdivision Penbrooke Meadows

MLS Listing ID A2177927

Style Bungalow

Bedrooms 7

Full Baths 3

Originating Board Calgary

Year Built 1972

Annual Tax Amount $2,941

Tax Year 2024

Lot Size 5,199 Sqft

Acres 0.12

Property Description

Perfect opportunity for investors, large families, or multi-generational living!

Whether you’re a first-time homebuyer or an investor eager to grow your portfolio, this spacious gem has it all! The main floor features an open-concept design, creating a bright, welcoming space that’s perfect for family living and entertaining. With 3 bedrooms and 2 full bathrooms, you’ll enjoy an abundance of natural light and room to relax. The fully finished basement includes a 3-bedroom illegal suite with a separate entrance, previously rented for $1,800 per month, offering an excellent opportunity. Additionally, the converted garage—set up as a cozy private room with its own entrance and easily used as a 4th bedroom—was rented for $800 per month, adding even more value to this property.With the added bonus of a convenient back lane providing extra parking and the exciting potential to build a brand-new detached garage, offering even more value and flexibility for homeowners or investors. The R-CG zoning further opens the door to future development, whether you want to build more or just enjoy extra rental income—the possibilities are endless! Flooring has been renovated upstairs and in the basement to nice new laminate and tile flooring. Several schools within a few blocks. Penbrooke Plaza down the street has a variety of essentials, and there are larger shopping centers a short drive in any direction. Set between 17th Avenue and Memorial Drive, and with Stoney Trail and Deerfoot nearby, this community is well-connected to the rest of Calgary. Don't miss out on this fantastic starter home or investment opportunity—schedule your showing today!

Location

Province AB

County Calgary

Area Cal Zone E

Zoning R-CG

Direction W

Rooms

Other Rooms 1

Basement Finished,Full,Suite

Interior

Interior Features See Remarks

Heating Forced Air,Natural Gas

Cooling Wall/Window Unit(s)

Flooring Laminate,Other,Tile

Fireplaces Number 1

Fireplaces Type Electric,Family Room

Inclusions none

Appliance Dishwasher,Electric Stove,Refrigerator,Washer/Dryer

Laundry In Basement,Main Level

Exterior

Garage Off Street,Parking Pad

Garage Description Off Street,Parking Pad

Fence Fenced

Community Features None

Roof Type Asphalt Shingle

Porch None

Lot Frontage 52.0

Exposure W

Total Parking Spaces 2

Building

Lot Description Back Lane,Backs on to Park/Green Space

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Other,Vinyl Siding

Others

Restrictions None Known

Tax ID 94987069

Ownership Leasehold

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