Property Details

112 Penmeadows Close SE
Calgary (A2335551)

$595,000
5
2
1,009 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

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 details

Basic Info

MLS® #
A2335551
Property Type:
Residential
Subtype:
Detached
Subdivision:
Penbrooke Meadows
Price
$595,000
Sale/Lease:
For Sale
Size:
1,009 sq.ft.
Bedrooms:
5
Bathrooms:
2
Year Built:
1971 (55 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Double Garage Detached, Heated Garage, Insulated, Oversized
Fence:
Fenced
Basement:
Full
Features:
See Remarks
Inclusions:
Fridge, stove, dishwasher in lower level, shed
Appliances:
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
Laundry:
Lower Level
Exterior Features:
Other
Patio/Porch Features:
Deck

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Lot / Land Info

Lot Size:
0 acres
Lot Features:
Back Lane, Landscaped
Zoning:
R-CG

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Wood Frame
Floors:
Ceramic Tile
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Listing Info

Possession:
30 Days / Neg
Media & Video

Experience this property!

Virtual Tour
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

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