$540,000
7 beds 3 baths
1187.58 Sq.Ft.
632 55 Street SE, Penbrooke Meadows, Calgary, Alberta, T2A3R6
MLS® Number: A2177927

Single Family House Bungalow for Sale in Street SE Penbrooke Meadows Calgary

Property Information

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! (id:50315)

Property Summary
Property Type

Single Family

Building Type

Bungalow

Storey

1

Community Name

Subdivision Name

Penbrooke Meadows

Title

 

Land Size
1187.58Sq.Ft.
Built in
1972
Annual Property Taxes
$2941
Parking Type
Parking Pad, Other
Published
14 days
Building
Bedrooms
Total
7
Below Grade
 
Bathrooms
Total
3
Partial
0
Interior Features
Appliances Included

Refrigerator, Dishwasher, Stove, Washer & Dryer

Flooring

Tile, Laminate, Other

Basement Features

Finished, Full, Suite

Basement Type

Finished, Full, Suite

Building Features
Features

See remarks, Back lane

Foundation Type

Poured Concrete

Architectural Style

Bungalow

Construction Material

Floor Space
1187.58Sq.Ft.
Total Finished Area
1187.58Sq.Ft.
Structures
Vinyl siding
Heating & Cooling
Cooling
Window air conditioner, Wall unit
Fireplace
Heating Type
Forced air, Natural gas
Exterior Features
Exterior Finish
Vinyl siding
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Parking Pad, Other
Total Parking Spaces
2
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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