Property Details
52 Fay Road SE
Calgary (A2323234)
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 rare 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 details
- MLS® #
- A2323234
- Property Type:
- Residential
- Subtype:
- Detached
- Subdivision:
- Fairview
- Price
- $699,000
- Sale/Lease:
- For Sale
- Size:
- 1,240 sq.ft.
- Bedrooms:
- 6
- Bathrooms:
- 2
- Year Built:
- 1959 (67 years old)
- Structure Type:
- House
- Building Style:
- Bungalow
- Garage:
- Yes
- Parking:
- Additional Parking, Alley Access, Garage Faces Rear, Off Street, Oversized, Single Garage Attached
- Fence:
- Fenced
- Basement:
- Full
- Features:
- No Animal Home, No Smoking Home
- Fireplaces:
- 1
- Inclusions:
- none
- Appliances:
- Dishwasher, Dryer, Electric Range, Microwave, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
- Laundry:
- In Basement
- Exterior Features:
- Private Entrance, Private Yard
- Patio/Porch Features:
- Deck
- Nearby Amenities:
- Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Lot Size:
- 0 acres
- Lot Features:
- Back Lane, Lawn, Low Maintenance Landscape, Private, Standard Shaped Lot
- Zoning:
- R-CG
- Roof:
- Asphalt Shingle
- Exterior:
- Vinyl Siding,Wood Frame
- Floors:
- Ceramic Tile, Vinyl
- Foundation:
- Poured Concrete
- Heating:
- Forced Air, Natural Gas
- Cooling:
- Central Air
- Amenities:
- Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Possession:
- 30 Days / Neg
- Days on Market:
- 2
Basic Info
Building Info
Neighborhood Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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