Calgary Real Estate Geek
Home Communities Penbrooke Meadows 54 Pennsburg Way SE
$355,000 Active
54 Pennsburg Way SE · Calgary · t2A 2J5
4 bd 2.0 ba 792 sqft $448/sqft Built 1972
MLS® A2311214 · Listed May 13, 2026
Listed by RE/MAX Real Estate (Mountain View) — Rishi Sund, Shashi Sund
By the numbers

How this listing measures up

Value score Hot deal
🔒 Sign in to view value score
$/sqft $448
vs Penbrooke Meadows median -14% community avg $411K
Sqft per bedroom 198
Year built 1972
Annual taxes $2,490 2025
Garage 2 spaces
$/sqft distribution

Where this listing sits in Penbrooke Meadows

Of 34 active residential listings in Penbrooke Meadows, this property at $448/sqft sits in the $400–450 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 · $448
Other active listings This listing's price range This listing

About this property

INVESTOR DREAM! 54 Pennsburg Way is the dream opportunity for an investor or handy buyer. Discover an exceptional investment opportunity in a highly desirable and convenient location! Featuring nearly 800 square feet above grade with a fully finished illegal basement suite, this property offers amazing value. The main floor offers 2 bedrooms and 1 bathroom with vinyl flooring throughout and a functional kitchen featuring laminate countertops and plenty of cabinet space. Downstairs, the illegal basement suite mirrors the layout with another 2 bedrooms, 1 bathroom, its own kitchen, and a separate living area, making it perfect for tenants seeking privacy or extended family living under one roof. Out back, the massive detached double garage is a rare find at this price point and adds even more value, whether used for storage, a workshop, or secure parking. With a layout already built for dual tenancy and tons of room to add value through cosmetic updates, this one checks every box an investor looks for. Properties with this much potential and this kind of setup don't sit long. Bring your vision and let's make it happen!

Property details

Bedrooms4
Bathrooms2.0
StyleAttached-Up/Down,Bi-Level
HeatingForced Air
CoolingNone
FlooringLaminate
LevelsBi-Level
BasementFull
Basement developmentFinished
Interior featuresLaminate Counters,No Animal Home,No Smoking Home
AppliancesDishwasher,Dryer,Microwave,Refrigerator,Stove(s),Washer,Window Coverings
InclusionsN/A
LaundryIn Basement
Lot size3498.00 sqft
Frontage31.24 ft
Lot featuresBack Lane,Front Yard,Gentle Sloping,Lawn,Rectangular Lot
Exterior featuresNone
FencingFenced
PatioPergola,Side Porch
Year built1972
Construction materialsWood Frame
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresDouble Garage Detached
Garage spaces2
Parking total2
Annual taxes$2,490
Tax year2025
PossessionNegotiable
ZoningR-CG
TitleFee Simple
RestrictionsNone Known
NeighbourhoodPenbrooke Meadows
Community featuresPark,Playground,Schools Nearby,Shopping Nearby,Sidewalks
List AORCalgary

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 data

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.

Browse Calgary homes by feature

Heritage & Character Homes New Construction Homes Character Homes Homes Near C-Train Legal Suite Homes Backing Onto Park EV Charging Homes Hot Tub Homes River Homes Walkout Basements Luxury Homes Triple Car Garage Just Listed

Similar listings in Penbrooke Meadows

Listed by: RE/MAX Real Estate (Mountain View) — Rishi Sund, Shashi Sund.