$819,900
4 beds 2 baths
1048 Sq.Ft.
4617 Stanley Road SW, Elboya, Calgary, Alberta, T2S2R2
MLS® Number: A2194301

Single Family House Bungalow for Sale in Stanley Road SW Elboya Calgary

Property Information

Prime investment opportunity in Elboya! This raised bungalow with a legal walk-out suite offers dual rental income in one of Calgary’s most sought-after locations. The main floor features 2 spacious bedrooms, a 4 piece bathroom, a bright living room, dining area and a well-appointed kitchen. While the legal suite downstairs offers an additional 2 bedrooms, 4 piece bathroom, and full kitchen—each unit with its own private entrance. Common areas include a large utility room equipped with 2 furnaces, 2 hot water tanks and shared laundry. Tenants split utilities, reducing ownership costs, and both leases are set to renew in June. The tenants have expressed interest in extending their stay with a modest rent increase, ensuring immediate and stable cash flow for the new owner. Recent upgrades include new egress windows in basement bedrooms, updated LVP flooring, hardwired smoke and CO detectors, a sprinkler system in common areas, new alarm bells, furnace cleaning, and yard enhancements. The property sits on a 50’ x 120’ R-CG lot with a large, private yard, mature trees, back alley access, and a parking pad that along with the front driveway can fit up to 6 vehicles. Located minutes from downtown, the C-Train, Chinook Mall, parks, stores and amenities. If you are looking for a home to live in and offset your ownership cost by renting out the legal suite - this is the right one for you. This property also presents a compelling opportunity for investors seeking a stable income stream in one of Calgary's most desirable neighborhoods with robust rental demand. (id:50315)

Property Summary
Property Type

Single Family

Building Type

Bungalow

Storey

1

Community Name

Subdivision Name

Elboya

Title

 

Land Size
1048Sq.Ft.
Built in
1955
Annual Property Taxes
$3450
Parking Type
Parking Pad, Other
Published
7 days
Building
Bedrooms
Total
4
Below Grade
 
Bathrooms
Total
2
Partial
0
Interior Features
Appliances Included

Washer, Refrigerator, Stove, Dryer, Window Coverings

Flooring

Linoleum, Vinyl, Wood

Basement Features

Finished, Full

Basement Type

Finished, Full

Building Features
Features

Back lane, No Smoking Home

Foundation Type

Poured Concrete

Architectural Style

Bungalow

Construction Material

Wood frame

Floor Space
1048.00Sq.Ft.
Total Finished Area
1048.00Sq.Ft.
Structures
Stucco, Wood siding
Heating & Cooling
Cooling
None
Fireplace
Heating Type
Forced air
Exterior Features
Exterior Finish
Stucco, Wood siding
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Parking Pad, Other
Total Parking Spaces
6
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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