5 Beds
3 Baths
1,255 SqFt
5 Beds
3 Baths
1,255 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,255 sqft
Price per Sqft $517
Subdivision Mckenzie Lake
MLS® Listing ID A2352428
Style Bi-Level
Bedrooms 5
Full Baths 3
HOA Fees $275/ann
HOA Y/N 1
Year Built 1987
Annual Tax Amount $4,206
Tax Year 2026
Lot Size 4,499 Sqft
Acres 0.1
Property Sub-Type Detached
Source Calgary
Property Description
Welcome to the vibrant, family-friendly community of McKenzie Lake! This spacious, fully developed 5-bedroom bi-level home offers incredible versatility, recent upgrades, and excellent income potential, all situated in a quiet cul-de-sac within walking distance of schools and the lake.
Currently generating $3,800 per month in rental income ($45,600 annually), with the upper level renting for $2,300/month and the lower level for $1,500/month. Both tenants are wonderful, would love to stay, and offer an attractive opportunity for investors seeking an income-producing property.
"Alternatively, move into the upper level and continue renting the basement to help offset your monthly mortgage payments!"
Step inside to discover a bright, spacious floor plan featuring vaulted ceilings, a welcoming living room with a cozy wood-burning fireplace, and a generous dining area. The beautifully updated kitchen showcases granite countertops, newer appliances, and a spacious breakfast nook overlooking the private backyard.
The main level features three generously sized bedrooms, including a primary suite with a private 3-piece ensuite, along with an updated 4-piece main bathroom.
The fully developed lower level offers two additional spacious bedrooms, a large recreation/living area, laundry facilities, ample storage, and a rough-in for a future bathroom, providing plenty of room and flexibility.
Numerous recent improvements include updated flooring, fresh paint, renovated kitchen and bathrooms, granite countertops, newer appliances, updated lighting, and closet doors.
Outside, enjoy a fully fenced and landscaped yard with mature trees for privacy, a raised deck perfect for entertaining, and an oversized heated single garage.
Located in the highly desirable lake community of McKenzie Lake, you'll appreciate nearby schools, parks, pathways, shopping, and easy access to major roadways.
THREE GREAT REASONS TO BUY:
INVEST: Keep both tenants and enjoy $3,800/month in existing rental income.
LIVE & EARN: Make the upper level your home while collecting $1,500/month from the basement.
PLAN FOR THE FUTURE: Secure a spacious 5-bedroom home in an established, sought-after Calgary community.
Great location. Great tenants. Great income potential.
Whether you're an investor looking to grow your portfolio or a homeowner wanting help with your mortgage, this McKenzie Lake property delivers outstanding possibilities.
Don't miss this opportunity — book your private showing today!
Location
Province AB
County Calgary
Area Cal Zone Se
Zoning R-C1
Direction SW
Rooms
Other Rooms 1
Basement Full
Interior
Interior Features See Remarks
Heating Forced Air
Cooling None
Flooring Carpet, Ceramic Tile, Laminate
Fireplaces Number 1
Fireplaces Type Wood Burning
Inclusions None
Appliance Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Laundry In Basement
Exterior
Parking Features Single Garage Detached
Garage Spaces 1.0
Fence Fenced
Community Features Golf, Lake, Park, Playground, Schools Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Amenities Available None
Roof Type Asphalt Shingle
Porch Deck
Lot Frontage 45.08
Total Parking Spaces 1
Garage 1
Building
Lot Description Back Lane, Back Yard, Cul-De-Sac
Foundation Poured Concrete
Architectural Style Bi-Level
Level or Stories Bi-Level
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions None Known
Tax ID 112621729
Ownership Private
Virtual Tour https://listings.foothillsrealestatemedia.ca/sites/rdagbklp/unbranded
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