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Home Communities Penbrooke Meadows 56-5520 1 Avenue SE
$249,900 Active
56-5520 1 Avenue SE · Calgary · T2A 5Z7
3 bd 2.0 ba 1,060 sqft $236/sqft Built 1977
MLS® A2302865 · Listed Apr 20, 2026
Listed by Royal LePage Solutions — Chad Morgan
By the numbers

How this listing measures up

$/sqft $236
vs Penbrooke Meadows median -39% community avg $411K
Sqft per bedroom 353
Year built 1977
Annual taxes $1,554 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 $236/sqft sits in the $200–250 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 · $236
Other active listings This listing's price range This listing

About this property

This affordable 3-bedroom townhome is in a quiet, well-managed complex near Marlborough Mall, the C-Train, schools, parks, and has quick access to Stoney Trail and Memorial Drive. It features two assigned parking spots and backs onto a park for added privacy. The main floor includes a living room with patio doors to the deck and private yard, a kitchen with space for a dinette table, and a 2pc bath. Upstairs is a large master bedroom with double closets, a 4-piece bathroom, and two more bedrooms. The finished basement adds a large rec room, with laundry and plenty of storage. Enjoy outdoor living on the East-facing deck that opens to the park. Priced competitively, this home is ready for move-in.

Property details

Bedrooms3
Bathrooms2.0
Style2 Storey
HeatingForced Air,Natural Gas
CoolingNone
FlooringCarpet,Laminate,Linoleum
LevelsTwo
BasementFull
Basement developmentFinished
Interior featuresSee Remarks
AppliancesElectric Stove,Refrigerator,Washer/Dryer,Window Coverings
InclusionsDeepfreeze
LaundryIn Basement
Lot featuresBack Yard
Exterior featuresPrivate Yard
FencingFenced
PatioNone
Year built1977
Construction materialsWood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresAssigned,Stall
Parking total2
Annual taxes$1,554
Tax year2025
Possession15 Days / Neg
ZoningM-C1 d75
TitleFee Simple
RestrictionsPet Restrictions or Board approval Required
NeighbourhoodPenbrooke Meadows
Community featuresSchools Nearby,Shopping Nearby
List AORCalgary

Location

Sold comparables 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: Royal LePage Solutions — Chad Morgan.