Calgary, AB T2A5T1,268 Madeira PL NE
Calgary, AB T2A5T1,268 Madeira PL NE
Calgary, AB T2A5T1,268 Madeira PL NE
Calgary, AB T2A5T1,268 Madeira PL NE
Calgary, AB T2A5T1,268 Madeira PL NE
Calgary, AB T2A5T1,268 Madeira PL NE
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$ 565,000
Est. payment | /mo

5 Beds

2 Baths

1,019 SqFt


Save
$ 565,000
Est. payment | /mo
Save

5 Beds

2 Baths

1,019 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,019 sqft

Price per Sqft $554

Subdivision Marlborough Park

MLS® Listing ID A2275628

Style Bungalow

Bedrooms 5

Full Baths 2

Year Built 1978

Annual Tax Amount $3,155

Tax Year 2025

Lot Size 4,617 Sqft

Acres 0.11

Property Sub-Type Detached

Source Calgary

Property Description

Fully rented revenue property with recent updates and strong rental demand. The main floor offers 3 bedrooms, while the lower level features a 2-bedroom basement suite with a separate entrance. Recent basement improvements include new egress windows, vinyl plank flooring, new baseboards, and fresh paint, creating a bright and functional living space.

The property is fully leased on a month-to-month basis with current rents of $1,700 for the main floor, $1,300 for the basement, and $400 for the oversized double heated detached garage, providing strong and diversified income.

Additional features include a fenced yard, separate basement access, and a heated garage generating supplemental revenue. Situated on a quiet residential street with convenient access to transit, schools, shopping, and major roadways. A well-maintained, turn-key investment with reliable cash flow already in place.

Location

Province AB

County Calgary

Area Cal Zone Ne

Zoning R-CG

Direction W

Rooms

Basement Full

Interior

Interior Features Quartz Counters

Heating Forced Air

Cooling None

Flooring Carpet, Ceramic Tile, Hardwood

Appliance Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer

Laundry Multiple Locations

Exterior

Parking Features Double Garage Detached, Heated Garage, Off Street

Garage Spaces 2.0

Fence Fenced

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch None

Lot Frontage 44.0

Total Parking Spaces 2

Building

Lot Description Back Lane, Back Yard, Rectangular Lot

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Wood Frame,Wood Siding

Others

Restrictions None Known

Tax ID 101363244

Ownership Private

Listed by The Real Estate District

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268 Madeira PL NE

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