112 Penmeadows Close SE — photo 1
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Detached

$595,000

112 Penmeadows Close SE, Penbrooke Meadows, Calgary, Alberta

5
Beds
2
Baths
1,009 sqft
Floor area
Aug 7, 2026
Listed
Property Description

Fantastic Income Property! Generate approximately $3,500 per month in rental income as an investor, or take advantage of an excellent opportunity for first-time buyers. The lower legal suite is currently vacant, allowing you to move in while collecting $1,700/month from the upper suite plus $600/month from the heated garage rental to help offset your mortgage. The main floor features a spacious living room, dining area, large kitchen, three good-sized bedrooms, and a 4-piece bathroom. The bright lower legal suite offers its own kitchen, large living room, two good-sized bedrooms, and a 4-piece bathroom. Shared laundry is conveniently located for both suites. Outside you'll find a mechanics dream insulated heated 28 x 28 garage/shop with 9' door, a large backyard with plenty of room to enjoy, a deck, and additional parking. Numerous updates include a furnace (approximately 12 years old), hot water tank (approximately 4 years old), basement windows (approximately 2 years old), and the main living room window. Located on a quiet street close to green spaces, shopping, schools, public transit, and all amenities, this is a versatile property offering strong cash flow, mortgage assistance, or an ideal investment opportunity. Click on link to view 3D walk through.

Features & Amenities
See Remarks
Other
Additional Information
MLS®
A2335551
Type
Detached
Status
Active
Year built
1971
Neighbourhood
Penbrooke Meadows
Lot size
Days on market
0 days
Brokerage
RE/MAX Real Estate (Mountain View)
Location

112 Penmeadows Close SE, Calgary, Alberta T2A 3S2

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