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Key Facts

Type Single Family Residence
Levels Residential
Size 1589 sqft
Garage No
Taxes 
Days Active 4
Lot Size 
Approx. Age 1997
Avg. Price Per Sqft $364
MLS® Number A2235682

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

INVESTMENT OPPORTUNITY – CASH-FLOWING LEGAL SUITE + STRONG TENANTS LOCKED IN UNTIL 2026! Welcome to a turnkey investment property in the heart of Erin Woods SE, Calgary – offering over 1500 sqft of functional living space above grade with a legally suited walkout basement and stable rental income of $3, 400/month until Spring 2026. Ideal for investors seeking immediate returns, this 4-level split home features 5 spacious bedrooms, 4 full bathrooms, and two separate laundry areas, all with quality finishes and thoughtful updates. Whether you're a seasoned investor or entering the market, this property delivers both performance and peace of mind. TENANT DETAILS & RENTAL INCOME: Main Floor Unit: Rented at $1, 900/month + 60% of utilities until March 31, 2026 Legal Basement Suite: Rented at $1, 500/month + 40% of utilities until April 30, 2026 Combined Income: $3, 400/month + utilities Average Utility Range: $250–$350/month (summer) and $350–$450/month (winter), split between units PROPERTY FEATURES: Fully legalized walkout basement suite (2022) with private entrance, 2 bedrooms, 2 bathrooms, modern kitchen w/ central island, gas fireplace, and a private south-facing deck Main level offers vaulted ceilings, maple cabinets, large windows, skylights, and a cozy living room w/ withiver rock gas fire. Place Upper floor includes a spacious primary suite with a walk-in closet and an ensuite, plus 2 additional bedrooms and another full bath. Separate laundry areas for main and basement suites Recent upgrades include: ? New appliances (2023–2024) ? New furnace and hot water tank (2022) ? Legalization of basement suite (2022) PRIME LOCATION: Quiet street in central Erin Woods SE Quick access to Stoney Trail, Deerfoot Trail, and downtown Calgary Minutes to schools, shopping, parks, and Calgary’s industrial hub Rear parking pad for 2 vehicles + ample street parking in front Whether you're looking to grow your real estate portfolio or house hack with rental support, this property checks all the boxes: legal suite, long-term tenants, low vacancy risk, and strong cash flow. Don’t miss this rare opportunity to secure a high-performing investment property in Calgary’s rental market.Show Description
MLS® NumberA2235682
Laundry LevelCommon Area, In Basement, In Unit, Lower Level, Main Level, See Remarks
Central VacNo
FireplaceNo
Acreage0.08
ExteriorPrivate Entrance, Private Yard
GarageNo
Approx. Age1997
BasementSeparate/Exterior Entry, Finished, Full, Suite, Walk-Out To Grade
DrivewayAlley Access, Off Street, Parking Pad, Unpaved
Garage Spaces
HeatForced Air, Natural Gas
A/CNone
Heating Fuel

Extras

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