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Home Communities Penbrooke Meadows 43-5520 1 Avenue SE
$319,800 Sold
43-5520 1 Avenue SE · Calgary · T2A 5Z7
3 bd 2.0 ba 1,123 sqft $285/sqft Built 1977
MLS® A2294007 · Listed Mar 20, 2026
Listed by LPT Realty — Abe Elhage, Tarek Hageahmad
By the numbers

How this listing measures up

$/sqft $285
vs Penbrooke Meadows median -22% community avg $411K
Sqft per bedroom 374
Year built 1977
Annual taxes $1,575 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 $285/sqft sits in the $250–300 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 · $285
Other active listings This listing's price range This listing

About this property

BEAUTIFULLY UPDATED | BACKS ONTO A GREEN SPACE with a PRIVATE FENCED WEST BACKYARD | 3 BEDROOMS UP with a FULLY DEVELOPED BASEMENT | 2 PARKING STALLS SIDE BY SIDE | MOVE-IN READY. Thoughtful updates and a quiet green space backdrop define this well-maintained townhome tailored for comfortable everyday living. Set with a private west-facing backyard backing onto mature trees, the outdoor area feels peaceful and connected to nature while remaining easy to manage. A bright main level showcases upgraded LVP flooring paired with a neutral colour palette that carries a cohesive look throughout. White cabinetry, an upgraded backsplash and stainless steel appliances shape a refreshed kitchen designed for both efficiency and durability. An adjacent dining area is elevated by a designer light fixture, bringing a refined touch to both daily meals and gatherings. Sit back and relax in the spacious living room with patio sliders opening directly to the yard, creating a natural transition for indoor-outdoor living. A well-positioned powder room completes this level with everyday practicality. Upstairs, the primary bedroom features dual closets that streamline storage and simplify daily routines. Two additional bedrooms adapt easily for family, guests or workspace needs, while a full 4-piece bathroom serves the level. Recently replaced carpet in 2023 introduces a fresh, move-in ready feel underfoot. A fully finished basement expands living space with a large rec room and wet bar, making movie nights and casual entertaining easy, while additional storage keeps seasonal items neatly tucked away. Outdoor living continues with a patio designed for gathering and unwinding, all within a fully fenced yard that offers a secure setting for kids and pets. Two assigned parking stalls positioned side by side add everyday convenience right out front. A low-maintenance lifestyle comes naturally in this townhome complex, freeing up time to enjoy surrounding amenities. Proximity to shopping, restaurants, transit and the LRT line keeps daily errands and commuting straightforward, while nearby parks and schools enhance day-to-day living. Major routes are easily accessed for efficient travel across the city, and the airport is approximately 10 minutes away, adding to the overall convenience of this well-connected location.

Property details

Bedrooms3
Bathrooms2.0
Style2 Storey
HeatingForced Air,Natural Gas
CoolingNone
FlooringCarpet,Vinyl Plank
LevelsTwo
BasementFull
Basement developmentFinished
Interior featuresCeiling Fan(s),Low Flow Plumbing Fixtures,Soaking Tub,Storage
AppliancesDryer,Electric Stove,Refrigerator,Washer
InclusionsSilver storage racks in utility room, white fridge in utility room, pantry cabinet in kitchen
LaundryIn Basement
Lot featuresBack Yard,Landscaped,Lawn
Exterior featuresPrivate Yard
FencingFenced
PatioDeck
Year built1977
Construction materialsStucco,Vinyl Siding,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresAssigned,Off Street
Parking total2
Annual taxes$1,575
Tax year2025
Possession30 Days / Neg
ZoningM-C1 d75
TitleFee Simple
RestrictionsUtility Right Of Way
NeighbourhoodPenbrooke Meadows
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Walking/Bike Paths
List AORCalgary

Location

Sold comparables in Penbrooke Meadows

37 recent sales in Penbrooke Meadows

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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: LPT Realty — Abe Elhage, Tarek Hageahmad.