Fully rented revenue property with recent updates and strong rental demand. The main floor offers 3 bedrooms, while the lower level features a 2-bedroom basement suite with a separate entrance. Recent basement improvements include new egress windows, vinyl plank flooring, new baseboards, and fresh paint, creating a bright and functional living space.
The property is fully leased on a month-to-month basis with current rents of $1,700 for the main floor, $1,300 for the basement, and $400 for the oversized double heated detached garage, providing strong and diversified income.
Additional features include a fenced yard, separate basement access, and a heated garage generating supplemental revenue. Situated on a quiet residential street with convenient access to transit, schools, shopping, and major roadways. A well-maintained, turn-key investment with reliable cash flow already in place.
Contact Corinne Watson About MLS® A2275628
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Corinne Watson , 403-921-7653 at CIR Realty North West, #168, 8060 Silver Springs Blvd. N.W., Calgary, Alberta, T3B 5K1
property information
Property Type: Detached Home
MLS®#: A2275628
Style: Bungalow
Year Built: 1978
Lot Shape: Back Lane,Back Yard,Rectangular Lot
Total Floor Area: 1,019 sq.ft
Community Information
Address: 268 Madeira Place
Neighbourhood: Marlborough Park
City: Calgary
Postal Code: T2A5T1
interior
Included: n/a
Bedrooms: 5 (Bedrooms Above: 3)
Bathrooms: Full: 2
Rooms Above Grade: 7
Fireplace Details: For Sale
Basement: Full, Full
Floor Finish: Carpet, Ceramic Tile, Hardwood
exterior
Exterior Features: Back Lane, Back Yard, Rectangular Lot
Exterior Finish: Wood Frame, Wood Siding
Construction: Wood Frame,Wood Siding
Roof: Asphalt Shingle
Front Exposure: W
Frontage: 13.41M 44`0" metres
services & amenities
Parking: Double Garage Detached, Heated Garage, Off Street (2 Total Parking Spaces)
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