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Home Communities Penbrooke Meadows 37-5520 1 Avenue SE
$329,800 Terminated
37-5520 1 Avenue SE · Calgary · T2A 5Z7
3 bd 2.0 ba 1,073 sqft $307/sqft Built 1977
MLS® A2298891 · Listed Apr 3, 2026
Listed by RE/MAX House of Real Estate — Naseem Ahmad
By the numbers

How this listing measures up

$/sqft $307
vs Penbrooke Meadows median -20% community avg $411K
Sqft per bedroom 358
Year built 1977
Annual taxes $1,474 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 $307/sqft sits in the $300–350 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 · $307
Other active listings This listing's price range This listing

About this property

Location, Location, Location! This fantastic townhouse is ideally situated close to all amenities, including Marlborough Mall, the C-Train, schools, and parks, with quick access to Stoney Trail and Memorial Drive—making commuting north, south, and west a breeze .This home features two assigned parking stalls conveniently located right in front and backs onto a park, offering added privacy and outdoor enjoyment. Step inside to a spacious foyer leading to a bright country-style kitchen, complete with a stove, fridge, and plenty of space for a dining table. The main level boasts a large living room, a partially updated 2-piece bathroom, and stylish flooring. Upstairs, you’ll find a generously sized primary bedroom with large windows and double closets, along with a 4-piece bathroom. Two additional spacious bedrooms offer ample closet space, plus a convenient hallway linen closet. Enjoy outdoor living on the east-facing deck, which opens directly onto the park. Additional updates include a new furnace. A fantastic opportunity at this price—don’t miss out! Enjoy outdoor living on the west-facing deck, which opens directly onto the park—perfect for relaxing or entertaining. Additional updates include a new furnace. A fantastic opportunity at an attractive price—don’t miss out!

Property details

Bedrooms3
Bathrooms2.0
Style2 Storey
HeatingForced Air
CoolingNone
FlooringCarpet,Vinyl Plank
LevelsTwo
BasementFull
Basement developmentUnfinished
Interior featuresNo Animal Home,See Remarks,Vinyl Windows
AppliancesDryer,Electric Stove,Range Hood,Refrigerator,Washer,Window Coverings
InclusionsNONE
LaundryIn Basement
Lot featuresBack Yard,Backs on to Park/Green Space,No Neighbours Behind
Exterior featuresPrivate Yard
FencingFenced
PatioPatio
Year built1977
Construction materialsStucco,Vinyl Siding,Wood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresOff Street,Stall
Parking total2
Annual taxes$1,474
Tax year2025
Possession30 Days / Neg
ZoningM-C1 d75
TitleFee Simple
RestrictionsBoard Approval
NeighbourhoodPenbrooke Meadows
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights
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: RE/MAX House of Real Estate — Naseem Ahmad.