About 632 55 Street Se
Perfect opportunity for investors, large families, or multi-generational living! Whether you’re a first-time homebuyer or an investor eager to grow your portfolio, this spacious gem has it all! The main floor features an open-concept design, creating a bright, welcoming space that’s perfect for family living and entertaining. With 3 bedrooms and 2 full bathrooms, you’ll enjoy an abundance of natural light and room to relax. The fully finished basement includes a 3-bedroom illegal suite with a separate entrance, previously rented for $1,800 per month, offering an excellent opportunity. Additionally, the converted garage—set up as a cozy private room with its own entrance and easily used as a 4th bedroom—was rented for $800 per month, adding even more value to this property.With the added bonus of a convenient back lane providing extra parking and the exciting potential to build a brand-new detached garage, offering even more value and flexibility for homeowners or investors. The R-CG zoning further opens the door to future development, whether you want to build more or just enjoy extra rental income—the possibilities are endless! Flooring has been renovated upstairs and in the basement to nice new laminate and tile flooring. Several schools within a few blocks. Penbrooke Plaza down the street has a variety of essentials, and there are larger shopping centers a short drive in any direction. Set between 17th Avenue and Memorial Drive, and with Stoney Trail and Deerfoot nearby, this community is well-connected to the rest of Calgary. Don't miss out on this fantastic starter home or investment opportunity—schedule your showing today!
Features of 632 55 Street Se
MLS® # | A2177927 |
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Price | $540,000 |
Bedrooms | 7 |
Bathrooms | 3.00 |
Full Baths | 3 |
Square Footage | 1,188 |
Acres | 0.12 |
Year Built | 1972 |
Type | Residential |
Sub-Type | Detached |
Style | Bungalow |
Status | Active |
Community Information
Address | 632 55 Street Se |
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Subdivision | Penbrooke Meadows |
City | Calgary |
County | Calgary |
Province | Alberta |
Postal Code | T2A 3R6 |
Amenities
Parking Spaces | 2 |
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Parking | Off Street, Parking Pad |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | See Remarks |
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Appliances | Dishwasher, Electric Stove, Refrigerator, Washer/Dryer |
Heating | Forced Air, Natural Gas |
Cooling | Wall/Window Unit(s) |
Fireplace | Yes |
# of Fireplaces | 1 |
Fireplaces | Electric, Family Room |
Has Basement | Yes |
Basement | Finished, Full, Suite |
Exterior
Exterior Features | Garden |
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Lot Description | Back Lane, Backs on to Park/Green Space |
Roof | Asphalt Shingle |
Construction | Vinyl Siding, Other |
Foundation | Poured Concrete |
Additional Information
Date Listed | November 7th, 2024 |
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Days on Market | 21 |
Zoning | R-CG |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Real Broker |
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