632 55 Street Se, Calgary, Alberta

$540,000

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7

Beds

3

Baths

1,188

Square feet

0.12

Acres

About 632 55 Street Se

Perfect opportunity for investors, large families, or multi-generational living! Whether you’re a first-time homebuyer or an investor eager to grow your portfolio, this spacious gem has it all! The main floor features an open-concept design, creating a bright, welcoming space that’s perfect for family living and entertaining. With 3 bedrooms and 2 full bathrooms, you’ll enjoy an abundance of natural light and room to relax. The fully finished basement includes a 3-bedroom illegal suite with a separate entrance, previously rented for $1,800 per month, offering an excellent opportunity. Additionally, the converted garage—set up as a cozy private room with its own entrance and easily used as a 4th bedroom—was rented for $800 per month, adding even more value to this property.With the added bonus of a convenient back lane providing extra parking and the exciting potential to build a brand-new detached garage, offering even more value and flexibility for homeowners or investors. The R-CG zoning further opens the door to future development, whether you want to build more or just enjoy extra rental income—the possibilities are endless! Flooring has been renovated upstairs and in the basement to nice new laminate and tile flooring. Several schools within a few blocks. Penbrooke Plaza down the street has a variety of essentials, and there are larger shopping centers a short drive in any direction. Set between 17th Avenue and Memorial Drive, and with Stoney Trail and Deerfoot nearby, this community is well-connected to the rest of Calgary. Don't miss out on this fantastic starter home or investment opportunity—schedule your showing today!

Features of 632 55 Street Se

MLS® # A2177927
Price $540,000
Bedrooms 7
Bathrooms 3.00
Full Baths 3
Square Footage 1,188
Acres 0.12
Year Built 1972
Type Residential
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 632 55 Street Se
Subdivision Penbrooke Meadows
City Calgary
County Calgary
Province Alberta
Postal Code T2A 3R6

Amenities

Parking Spaces 2
Parking Off Street, Parking Pad
Is Waterfront No
Has Pool No

Interior

Interior Features See Remarks
Appliances Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
Heating Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace Yes
# of Fireplaces 1
Fireplaces Electric, Family Room
Has Basement Yes
Basement Finished, Full, Suite

Exterior

Exterior Features Garden
Lot Description Back Lane, Backs on to Park/Green Space
Roof Asphalt Shingle
Construction Other, Vinyl Siding
Foundation Poured Concrete

Additional Information

Date Listed November 7th, 2024
Days on Market 29
Zoning R-CG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Broker

Listing Map