12 Penedo Place SE - MLS® # A2228666

Property Details

List Price:
$500,000
Living Area:
1,082 sqft.
Bedrooms:
5
Bathrooms:
2
Lot Size Area:
5252 sq.ft.
Taxes:
N/A
Type:
Detached
Style:
Bungalow
Basement:
Finished, Full, Suite
Year Built:
1972

Description

Fantastic opportunity in the established community of Penbrooke Meadows! This solid bungalow with legal basement suite sits on a quiet, tree-lined cul-de-sac and offers great potential for homeowners or investors alike. Enjoy the benefits of a live-up, rent-down setup, or rent both units for strong revenue potential. The main floor features a functional layout with three bedrooms, a full bathroom, and bright living spaces. The legal basement suite includes two bedrooms, kitchen, living area, separate laundry, and bathroom – currently tenanted, offering immediate rental income. Recent updates include new shingles (2025) on both the house and detached garage. Some exterior work remains, including fence replacement and minor roofing completion, making this a great opportunity to add your own equity. Plenty of additional storage with exterior sheds which can stay with the property or be removed as you wish. Penbrooke Meadows is a well-established southeast Calgary community known for its strong sense of community, convenient access to public transit, and proximity to shopping, schools, playgrounds, and major roadways like Memorial Drive and Stoney Trail. Don't miss your chance and book your showing today!

Features

Storage

Listing Provided By

Property Solutions Real Estate Group Inc.

Neighborhood Info

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

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  • REAL ESTATE PROFESSIONALS
  • 202, 5403 Crowchild Trail N.W.
  • CALGARY, AB
  • T3B 4Z1