For Sale: 4617 Stanley Road SW, Calgary, AB - REW
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$699,900
4 bd • 2 ba • 1036 sf • House
4617 Stanley Road SW
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$699,900
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4617 Stanley Road SWCalgary, AB, T2S 2R1

Elboya
  • 4 Bed
  • 2 Bath
  • 1036 Sqft
  • House

About this home

Prime investment opportunity in the heart of Elboya on a 50 ft x 120 ft R-CG lot. This raised bungalow with a legal walk-out suite offers dual rental income in one of Calgary’s most desirable inner-city communities, with excellent long-term holding and redevelopment potential. The main floor features two spacious bedrooms, a four-piece bathroom, a bright living room, dining area, and a well-appointed kitchen. The legal lower suite offers two additional bedrooms, a four-piece bathroom, and a full kitchen, with separate private entrances for each unit. Shared spaces include a large utility room with two furnaces, two hot water tanks, and common laundry. Utilities are split between tenants, helping reduce ownership costs. Both leases renew in June, and the tenants have expressed interest in extending their stay, providing immediate and stable cash flow for the next owner. Recent upgrades include new egress windows in the basement bedrooms, updated LVP flooring, hardwired smoke and carbon monoxide detectors, a sprinkler system in common areas, new alarm bells, furnace servicing, and yard improvements. The oversized lot offers a large private yard with mature trees, back alley access, and a parking pad. Combined with the front driveway, there is parking for up to six vehicles. Ideally located minutes from downtown, the C-Train, Chinook Centre, parks, schools, and everyday amenities. Whether you are looking to live upstairs and offset ownership costs by renting the legal suite, or secure a strong investment in a high-demand neighbourhood, this property delivers flexibility, income, and long-term value.
Listed by: Don Wong, 2% Realty

Home facts and features

Price details
List Price
$699,900
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Home facts
Bedrooms
4
Full Bathrooms
2
Property Type
House
Lot Size
6099 ft²
Frontage
49.41 ft
Year Built
Built in 1955 (71 yrs old)
Style
Bungalow
Heating Type
Forced Air
Basement Details
Full
Features
Back Lane, Back Yard, In Basement, Kitchen Island, Laminate Counters, Private Entrance, Private Yard, Schools Nearby, Sidewalks, Street Lights
Amenities
Playground, Shopping Nearby
Appliances
Range Hood, Refrigerator, Stove(s), Washer/Dryer
Community
Agent details
Primary Agent
Primary Broker
2% Realty
Listing details
Days on REW
65 Days
Property Views
145
MLS® Number
A2298778
Source
Pillar 9
Board
Calgary Real Estate Board
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25 Years
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3.99%

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Property Insights

Elboya School
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St. Anthony School
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Elbow Park School
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St. Augustine Elementary Junior High School
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Calgary Jewish Academy
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Canadian Montessori School
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West Island College
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The Third Academy
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Third Academy Calgary South
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Fairview School
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Call Agent
Donald Wong
Phone:
(403) 903-2888
Office:
403-606-3500
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.