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Home Communities Penbrooke Meadows 183 Penbrooke Close SE
$465,000 Active
183 Penbrooke Close SE · Calgary · T2A 3N9
5 bd 2.0 ba 999 sqft $466/sqft Built 1974
MLS® A2285842 · Listed Mar 2, 2026
Listed by Real Broker — Jazib Ahmed
By the numbers

How this listing measures up

$/sqft $466
vs Penbrooke Meadows median +13% community avg $411K
Sqft per bedroom 200
Year built 1974
Annual taxes $2,363 2025
Penbrooke Meadows avg DOM 34d
$/sqft distribution

Where this listing sits in Penbrooke Meadows

Of 34 active residential listings in Penbrooke Meadows, this property at $466/sqft sits in the $450–500 range.
$150–$200/sqft · 1 listing $200–$250/sqft · 3 listings $250–$300/sqft · 7 listings $300–$350/sqft · 2 listings $350–$400/sqft · 1 listing $400–$450/sqft · 2 listings $450–$500/sqft · 8 listings $500–$550/sqft · 3 listings $550–$600/sqft · 4 listings $600–$650/sqft · 3 listings $150 $250 $350 $450 $550 $650 This · $466
Other active listings This listing's price range This listing

About this property

Investor Alert - Turnkey Opportunity! This is your chance to own a cash-flowing half duplex in the established community of Penbrooke Meadows. This well maintained property offers strong rental potential with a functional layout, spacious living areas, 5 generous sized bedrooms, and 2 full baths. This property is ideal for investors looking to add to their portfolio or buyers seeking a revenue property and is also the perfect fit for first time home buyers. The property features a bright main floor, ample natural light, a private yard, and convenient parking. Located close to schools, shopping, public transit, and major roadways, making it highly attractive to long-term tenants. Whether you are looking for a buy-and-hold investment or a live-up/rent-down strategy, this property offers excellent value and long-term growth potential.

Property details

Bedrooms5
Bathrooms2.0
StyleAttached-Side by Side,Bungalow
HeatingSee Remarks
CoolingOther
FlooringLaminate
LevelsOne
BasementFull
Basement developmentFinished
Interior featuresSee Remarks
AppliancesDishwasher,Gas Range,Microwave,Microwave Hood Fan,Refrigerator,See Remarks,Washer/Dryer
InclusionsN/A
LaundryLower Level,Multiple Locations,Upper Level
Lot size3466.00 sqft
Frontage32.51 ft
Lot featuresBack Lane,Back Yard,Corner Lot,Cul-De-Sac,See Remarks
Exterior featuresOther
FencingFenced
PatioSee Remarks
Year built1974
Construction materialsConcrete,Stucco
RoofAsphalt Shingle
FoundationSee Remarks
Parking featuresOff Street,Parking Pad
Parking total2
Annual taxes$2,363
Tax year2025
Possession15 Days / Neg,Immediate
ZoningR-CG
TitleFee Simple
RestrictionsNone Known,See Remarks
NeighbourhoodPenbrooke Meadows
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Sidewalks
List AORCalgary

Location

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About Penbrooke Meadows

AI-generated summary

Penbrooke Meadows is a quiet, established east Calgary community with a strong sense of affordability and everyday practicality, offering a no-frills residential feel favoured by budget-conscious buyers.

Average list price of $411,866 reflects one of Calgary's more affordable detached and semi-detached markets
34 active listings suggests a moderate level of inventory with reasonable seller competition
Average 34 days on market indicates steady but not frenzied demand in the community
Housing
The neighbourhood features predominantly post-war bungalows and bi-levels, with some infill development and attached homes adding variety to the modest streetscapes.
Transit
The community is served by Calgary Transit bus routes with reasonable access to Memorial Drive and Peigan Trail for commuters heading downtown or to the ring road.
Amenities
Residents are close to Forest Lawn's commercial strip along 17th Avenue SE, offering grocery stores, ethnic restaurants, and everyday retail without venturing far.
Who lives here
Penbrooke Meadows tends to attract first-time buyers, investors, and value-driven families drawn by its relatively low entry price point compared to much of Calgary.
Full Penbrooke Meadows community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: Real Broker — Jazib Ahmed.