112 Penmeadows Close SE
Calgary, Alberta
MLS® A2335551
$595,000
- Status
- Active
- Property type
- House
- MLS® number
- A2335551
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1971
1 / 40Listing 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.
Property summary
- MLS® number
- A2335551
- Property type
- Single Family
- Building type
- House
- Square footage
- 1,009 sq ft
- Title
- Freehold
- Land size
- 464 square meters
- Built in
- 1971
- Annual property taxes
- $3,627.00
- Parking
- 4 spaces · Detached Garage, Garage, Oversize, Heated Garage
- Days on market
- 29 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Finished, Full, Suite
- Flooring
- Ceramic Tile
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
- Lot features
- See remarks, Back lane
- Architectural style
- Bungalow
What would this home cost you?
Based on the $595,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Real Estate (Mountain View), CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.