4 Bedroom
2 Bathroom
1036 sqft
Bungalow
None
Forced Air
$699,900
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. (id:59954)
Property Details
|
MLS® Number |
A2298778 |
|
Property Type |
Single Family |
|
Community Name |
Elboya |
|
AmenitiesNearBy |
Playground, Schools, Shopping |
|
Features |
Back Lane |
|
ParkingSpaceTotal |
4 |
|
Plan |
357gu |
|
Structure |
None |
Building
|
BathroomTotal |
2 |
|
BedroomsAboveGround |
2 |
|
BedroomsBelowGround |
2 |
|
BedroomsTotal |
4 |
|
Appliances |
Refrigerator, Stove, Hood Fan, Washer & Dryer |
|
ArchitecturalStyle |
Bungalow |
|
BasementDevelopment |
Finished |
|
BasementFeatures |
Separate Entrance, Suite |
|
BasementType |
Full (finished) |
|
ConstructedDate |
1955 |
|
ConstructionMaterial |
Wood Frame |
|
ConstructionStyleAttachment |
Detached |
|
CoolingType |
None |
|
FlooringType |
Hardwood, Laminate |
|
FoundationType |
Poured Concrete |
|
HeatingType |
Forced Air |
|
StoriesTotal |
1 |
|
SizeInterior |
1036 Sqft |
|
TotalFinishedArea |
1036 Sqft |
|
Type |
House |
Parking
Land
|
Acreage |
No |
|
FenceType |
Fence |
|
LandAmenities |
Playground, Schools, Shopping |
|
SizeDepth |
36.54 M |
|
SizeFrontage |
15.06 M |
|
SizeIrregular |
557.00 |
|
SizeTotal |
557 M2|4,051 - 7,250 Sqft |
|
SizeTotalText |
557 M2|4,051 - 7,250 Sqft |
|
ZoningDescription |
R-cg |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
|
Basement |
Living Room | | |
17.25 Ft x 13.67 Ft |
|
Basement |
Dining Room | | |
9.17 Ft x 8.08 Ft |
|
Basement |
Kitchen | | |
10.50 Ft x 9.58 Ft |
|
Basement |
Bedroom | | |
15.17 Ft x 6.42 Ft |
|
Basement |
Bedroom | | |
10.42 Ft x 9.67 Ft |
|
Basement |
4pc Bathroom | | |
8.33 Ft x 4.83 Ft |
|
Main Level |
Living Room | | |
17.25 Ft x 13.67 Ft |
|
Main Level |
Kitchen | | |
10.50 Ft x 9.58 Ft |
|
Main Level |
Dining Room | | |
9.17 Ft x 8.08 Ft |
|
Main Level |
Bedroom | | |
14.75 Ft x 11.08 Ft |
|
Main Level |
Bedroom | | |
11.00 Ft x 10.58 Ft |
|
Main Level |
4pc Bathroom | | |
7.33 Ft x 6.75 Ft |
https://www.realtor.ca/real-estate/29554184/4617-stanley-road-sw-calgary-elboya
