For Sale: 112 Penmeadows Close SE, Calgary, AB - REW
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$595,000
5 bd 2 ba 1009 sf House

112 Penmeadows Close SECalgary, AB, T2A 3S2

Penbrooke Meadows
  • 5 Bed
  • 2 Bath
  • 1009 Sqft
  • House

About this home

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 upper suite 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 for both suites. 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.
Listed by: Richard Fleming, RE/MAX Real Estate (Mountain View)

Home facts and features

Price details
List Price
Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
2
Property Type
House
Lot Size
4792 ft²
Frontage
50.13 ft
Year Built
Built in 1971 (55 yrs old)
Style
Bungalow
Heating Type
Forced Air,Natural Gas
Basement Details
Full
Features
Back Lane, Landscaped, Lower Level, Other, Park, Schools Nearby, See Remarks
Amenities
Playground, Shopping Nearby
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
Community
Agent details
Primary Agent
Primary Broker
RE/MAX Real Estate (Mountain View)
Secondary Agent
Secondary Broker
RE/MAX Real Estate (Mountain View)
Listing details
Days on REW
1 Day
MLS® Number
A2335551
Source
Pillar 9
Board
Calgary Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St. Peter Elementary School
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  • In Catchment
G.W. Skene School
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St. John Bosco Private School
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Jack James High School
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Penbrooke Meadows School
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James Short Memorial School
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  • In Catchment
Keeler School
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Ernest Morrow School
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St. Martha School
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Roland Michener School
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  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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