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$575,000

424 Penbrooke Crescent SE

Penbrooke Meadows, Calgary, Alberta

5 bed·3 bath·Detached·MLS® A2323383·23d ago

About this home

Phenomenal investment opportunity or perfect mortgage helper! Welcome to this fully updated, turn-key bi-level home offering incredible versatility and massive income potential. The bright and airy main floor features a spacious living area equipped with a cozy electric fireplace and a beautiful mantle that serves as a stunning focal point for the space. The living area flows seamlessly into a fully renovated kitchen, complete with premium stainless steel appliances, a gas stove, gleaming granite countertops, a sleek breakfast bar, and a convenient door leading directly out to the deck. This upper level also boasts 3 generously sized bedrooms, a modern 4-piece bathroom, and its own dedicated, private laundry. Downstairs, the fully finished lower level features a smart layout designed to maximize revenue, including two independent illegal suites. Each suite offers 1 comfortable bedroom and a full bathroom, with access to a shared basement laundry area. Fully updated from top to bottom with modern finishes, this property allows you to live upstairs while your tenants pay the mortgage, or rent out the entire building for maximum cash flow. Don't miss out on this rare, high-yielding property—schedule your private viewing today! (id:66681)

Property details

Bedrooms
5
Bathrooms
3
Half baths
0
Year built
1972
Property type
Residential
Building type
Bi-level
Appliances
Refrigerator, Gas stove(s), Dishwasher, Stove, Washer/Dryer Stack-Up
Parking
Parking Pad (2)
Zoning
R-CG
MLS®
A2323383
Days on market
65

Location

Listing information last updated 23d ago. Provided by the listing brokeragevia CREA’s DDF®, deemed reliable but not guaranteed accurate.

Mortgage estimate

Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.

Down payment

$115,000 (20%)

Base loan amount$460,000

$2,805 / month

First payment: $2,081 interest, $724 principal