Homes for sale - 5507 & 5505 8 Avenue SE, Calgary, AB T2A0B2

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Roshan Basnet

realtorbasnet@gmail.com +1(647) 818-7373

$ 900,000

Est. payment | -/mo

8 Beds

4 Baths

1,892 SqFt

Save

$ 900,000

Est. payment | -/mo

Save

8 Beds

4 Baths

1,892 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,892 sqft

Price per Sqft $475

Subdivision Penbrooke Meadows

MLS® Listing ID A2279476

Style Bungalow

Bedrooms 8

Year Built 1971

Lot Size 7,265 Sqft

Acres 0.16679613

Property Sub-Type Freehold

Property Description

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:24570)

Location

Province AB

Rooms

Kitchen 3.0

Extra Room 1 Basement 4.92 Ft x 7.00 Ft 4pc Bathroom

Extra Room 2 Basement 9.17 Ft x 14.67 Ft Bedroom

Extra Room 3 Basement 9.17 Ft x 11.50 Ft Bedroom

Extra Room 4 Basement 9.33 Ft x 12.17 Ft Dining room

Extra Room 5 Basement 8.83 Ft x 13.17 Ft Kitchen

Extra Room 6 Basement 12.25 Ft x 8.50 Ft Recreational, Games room

Interior

Heating Forced air,

Cooling None

Flooring Carpeted, Laminate, Tile, Vinyl

Exterior

Parking Features Yes

Fence Partially fenced

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

Listed by CIR Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 818-7373

realtorbasnet@gmail.com

4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada

5507 & 5505 8 Avenue SE Calgary, AB T2A0B2