By the numbers
How this listing measures up
$/sqft
$277
vs Penbrooke Meadows median
-21%
community avg $411K
Sqft per bedroom
293
Year built
1977
Annual taxes
$1,839
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 $277/sqft
sits in the $250–300 range.
Other active listings
This listing's price range
This listing
About this property
Welcome to Unit 41 at 5520 1 Avenue SE — a rare CORNER UNIT in VILLAGE III offering space, light, and lifestyle. Sunlight pours in from multiple directions, creating a bright and inviting feel throughout. With a rare 4-bedroom layout, this home gives you flexibility for family, guests, work, or extra storage.
The kitchen features quartz countertops and new appliances, blending style with everyday function. Step outside to your private yard backing onto peaceful green space with no rear neighbours — perfect for quiet mornings, relaxing evenings, or a little outdoor escape.
Ideally located near Memorial Drive and 52 Street SE, you’re just minutes from restaurants, shopping, schools, parks, and transit. A bright, spacious corner unit with a private yard like this is a rare find. Book your showing today before it’s gone.
Property details
| Bedrooms | 4 |
| Bathrooms | 2.0 |
| Style | 2 Storey |
| Heating | Forced Air |
| Cooling | None |
| Flooring | Ceramic Tile,Concrete,Vinyl Plank |
| Levels | Two |
| Basement | Partial |
| Basement development | Partially Finished |
| Interior features | Natural Woodwork,Vinyl Windows |
| Appliances | Built-In Oven,Dishwasher,Dryer,Refrigerator,Washer |
| Inclusions | N/A |
| Laundry | In Basement |
| Lot features | Back Yard,Backs on to Park/Green Space,Few Trees,Low Maintenance Landscape |
| Exterior features | Playground,Private Entrance,Private Yard |
| Fencing | Fenced |
| Patio | None |
| Year built | 1977 |
| Construction materials | Vinyl Siding |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Parking features | Stall |
| Parking total | 2 |
| Annual taxes | $1,839 |
| Tax year | 2025 |
| Possession | 15 Days / Neg |
| Zoning | M-C1 d75 |
| Title | Fee Simple |
| Restrictions | Condo/Strata Approval |
| Neighbourhood | Penbrooke Meadows |
| Community features | Playground,Schools Nearby,Shopping Nearby,Sidewalks |
| List AOR | Calgary |
Location
Sold comparables in Penbrooke Meadows
38 recent sales in Penbrooke Meadows
VOW members see sold prices, sold dates, and full comparable details. Free registration; takes 30 seconds.
Sign up to see sold dataAbout Penbrooke Meadows
AI-generated summaryPenbrooke 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.
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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