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$599,000

512 Malvern Drive NE

Marlborough Park, Calgary, Alberta

5 bed·3 bath·Detached·MLS® A2343216·Listed 1mo ago

About this home

Complete peace of mind and exceptional revenue potential come together in this newly renovated Marlborough Park investment opportunity. The main floor features a spacious, freshly updated 3-bedroom, 1.5-bathroom layout boasting durable laminate flooring and a bright, functional kitchen complete with granite countertops and stainless steel appliances. Downstairs, the fully legal 2-bedroom, 1-bathroom basement suite shines with modern updates, featuring an independent entrance, newer cabinetry, stylish quartz countertops, and a brand-new 2026 refrigerator. Massive mechanical updates protect your bottom line, including a newly installed 2025 furnace and a 2026 hot water tank. Both units share a common laundry area for ultimate convenience. The exterior provides exceptional parking flexibility, anchored by a rare triple-car garage and an additional parking pad. Whether you are looking to add a turnkey asset to your portfolio, occupy one level while generating rental income, or secure a property with built-in revenue potential, this versatile home checks all the boxes. Book your showing today. (id:66681)

Property details

Bedrooms
5
Bathrooms
3
Half baths
1
Year built
1976
Property type
Residential
Building type
Bungalow
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Parking
Detached Garage, Detached Garage (3)
Zoning
R-CG
MLS®
A2343216
Days on market
57

Location

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Listing information last updated 10d ago. Provided by the listing brokerage via 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

$119,800 (20%)

Base loan amount$479,200

$2,922 / month

First payment: $2,168 interest, $755 principal