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Renanza Realty
For sale

52 Fay Road SE

Calgary, Alberta

MLS® A2331529

$699,000

Status
Active
Property type
House
MLS® number
A2331529
Bedrooms
6
Bathrooms
2
Year built
1959

Listing description

Excellent investment opportunity in the established community of Fairview! With a reliable tenant already in place on a two-year lease, this extensively updated bungalow offers immediate rental income while providing the security of owning a well-located property with outstanding long-term potential. Offering 6 bedrooms with a private office/flex room and 2 fully renovated bathrooms, this home provides exceptional flexibility for today's investor and future homeowner alike.

The updated kitchen features quartz countertops, stainless steel appliances, and ample cabinetry, while luxury vinyl plank flooring and updated tile run throughout the home. The fully developed basement significantly expands the living space, and many of the major improvements have already been completed, including the majority of the windows, updated bathrooms, newer washer and dryer, and a fully redone fence. Outside, you'll appreciate the large fenced backyard with a spacious patio, perfect for enjoying Calgary's summer months.

The property also features an attached garage, back lane access, and a generous front parking pad with room for an RV, trailer, or multiple vehicles—offering the kind of flexibility that's increasingly difficult to find in central Calgary. Fairview continues to stand out as one of Calgary's best-value inner-city communities. Just minutes from the Fairview LRT Station, Macleod Trail, Glenmore Trail, Deerfoot Trail, and Blackfoot Trail, commuting anywhere in the city is simple.

Everyday conveniences are all within easy reach, including Heritage Meadows, CF Chinook Centre, Costco, grocery stores, restaurants, and popular retailers such as London Drugs, Winners, and HomeSense. Nearby schools, parks, and recreation further enhance the appeal for both tenants and future homeowners. Whether you're looking to add a turnkey rental property to your portfolio, secure a home for future occupancy, or invest in the long-term value of centrally located land, this property offers a rar e combination of immediate income, extensive updates, and an exceptional location.

As Calgary continues to grow, opportunities to own sizeable lots in established inner-city neighborhoods at an accessible price point are becoming increasingly limited, making this an investment worth considering today and for years to come.

Property summary

MLS® number
A2331529
Property type
Single Family
Building type
House
Square footage
1,240 sq ft
Title
Freehold
Land size
5005 square feet
Built in
1959
Annual property taxes
$4,206.00
Parking
2 spaces · Attached Garage, Street, Oversize
Days on market
40 days

Features & details

Heating
Forced air, Natural gas
Cooling
None
Basement
Finished, Full
Flooring
Ceramic Tile, Vinyl
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Exterior features
Vinyl siding
Lot features
Back lane, No Animal Home, No Smoking Home
Architectural style
Bungalow

What would this home cost you?

Based on the $699,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,252 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX House of Real Estate, 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.