info@settlersrealty.ca
CONTACT
$900,000
8 beds 4 baths
1892 Sq.Ft.
5507 & 5505 8 Avenue SE, Penbrooke Meadows, Calgary, Alberta, T2A0B2
MLS® Number: A2279476

Multi-family House Bungalow for Sale in & Avenue SE Penbrooke Meadows Calgary

Property Information

Side-by-side duplex on a single title featuring FOUR fully self-contained units, each with its own private entrance, separate appliances, and in-suite laundry—a RARE and efficient multi-family opportunity in SE Calgary. Many of the units have been thoughtfully updated with newer cabinetry, quartz countertops, and modern finishes, creating a clean, contemporary feel for tenants.A new FOUR CAR detached garage adds significant value and is currently rented to two separate business tenants, providing additional income potential. Fence posts have already been installed, offering a head start for a future owner to complete the fencing and further enhance privacy and curb appeal. All existing tenants would like to stay, making this a truly turn-key investment with immediate flow.The location is a major highlight: just 1.1 km to Lucky Supermarket, steps from multiple well-reviewed restaurants, and only a two-minute walk to the nearest playground. The property is also within walking distance to FOUR schools, making it highly attractive to families and long-term tenants. Residents enjoy easy access to parks, established pathway systems, excellent transit, and nearby shopping, with quick connectivity to major routes throughout the city. A strong income property in a proven rental location with excellent walkability and long-term upside. What are you waiting for? (id:50315)

Property Summary
Property Type

Multi-family

Building Type

Bungalow

Storey

1

Community Name

Subdivision Name

Penbrooke Meadows

Title

 

Land Size
1892Sq.Ft.
Built in
1971
Annual Property Taxes
$5111
Parking Type
Detached Garage, Garage, Garage, Other, Heated Garage
Published
12 days
Building
Bedrooms
Total
8
Below Grade
 
Bathrooms
Total
4
Partial
0
Interior Features
Appliances Included

Refrigerator, Dishwasher, Stove, Microwave Range Hood Combo, Washer/Dryer Stack-Up

Flooring

Tile, Laminate, Carpeted, Vinyl

Basement Features

Finished, Full, Separate entrance, Suite

Basement Type

Finished, Full, Separate entrance, Suite

Building Features
Features

Other, Back lane, Closet Organizers

Foundation Type

Poured Concrete

Architectural Style

Bungalow

Construction Material

Wood frame

Floor Space
1892.00Sq.Ft.
Total Finished Area
1892.00Sq.Ft.
Structures
Heating & Cooling
Cooling
None
Fireplace
Heating Type
Forced air, Natural gas
Exterior Features
Exterior Finish
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Detached Garage, Garage, Garage, Other, Heated Garage
Total Parking Spaces
4
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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