By the numbers
How this listing measures up
$/sqft
$593
vs Penbrooke Meadows median
+17%
community avg $411K
Sqft per bedroom
135
Year built
1972
Annual taxes
$2,126
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 $593/sqft
sits in the $550–600 range.
Other active listings
This listing's price range
This listing
About this property
Discover an exceptional investment opportunity in a highly desirable and convenient location! This well-maintained property offers strong positive cash flow and incredible versatility for both investors and homeowners alike.
The bright and spacious main floor features three generous bedrooms plus a flexible den—perfect as a fourth bedroom or home office. Enjoy a functional kitchen with ample cabinetry and a full four-piece bathroom complete with a relaxing jetted tub.
The fully developed basement includes a self-contained three-bedroom illegal suite with its own kitchen and four-piece bathroom, ideal for extended family or generating consistent rental income.
Recent upgrades, including a new hot water tank, new washer, new furnace motor and updated closet doors, add to the home’s overall value and appeal.
Step outside to a private backyard with no rear neighbours, offering added peace and privacy. Additional highlights include RV parking, abundant street parking, and a storage shed already generating steady monthly income.
Perfectly located close to schools, parks, shopping, and public transit, this property is a smart choice for investors seeking solid returns or first-time buyers looking to offset mortgage costs.
A rare opportunity combining cash flow, flexibility, and location—this is one you don’t want to miss!
Property details
| Bedrooms | 6 |
| Bathrooms | 2.0 |
| Style | Attached-Side by Side,Bi-Level |
| Heating | Forced Air,Natural Gas |
| Cooling | None |
| Flooring | Vinyl Plank |
| Levels | Bi-Level |
| Basement | Full |
| Basement development | Finished |
| Interior features | Jetted Tub |
| Appliances | Range Hood,Refrigerator,Stove(s),Washer/Dryer |
| Inclusions | Storage shed |
| Laundry | Common Area |
| Lot size | 3498.00 sqft |
| Frontage | 31.5 ft |
| Lot features | Back Lane,Back Yard,Front Yard |
| Exterior features | Private Yard |
| Fencing | Fenced |
| Patio | None |
| Year built | 1972 |
| Construction materials | Stucco,Wood Frame |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Parking features | Alley Access,Off Street,On Street |
| Parking total | 2 |
| Annual taxes | $2,126 |
| Tax year | 2025 |
| Possession | 90 Days / Neg |
| Zoning | R-CG |
| Title | Fee Simple |
| Restrictions | Restrictive Covenant |
| Neighbourhood | Penbrooke Meadows |
| Community features | Park,Playground,Schools Nearby,Shopping Nearby |
| List AOR | Calgary |
Location
Sold comparables in Penbrooke Meadows
38 recent sales in Penbrooke Meadows
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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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