Calgary Real Estate Geek
Home Communities Penbrooke Meadows 424 Penbrooke Crescent SE
$599,900 Active
424 Penbrooke Crescent SE · Calgary · T2A 3T7
5 bd 3.0 ba 957 sqft $627/sqft Built 1972
MLS® A2323383 · Listed Jun 26, 2026
Listed by LPT Realty — Jamie D'Mello-Okoli
By the numbers

How this listing measures up

$/sqft $627
vs Penbrooke Meadows median +46% community avg $411K
Sqft per bedroom 191
Year built 1972
Annual taxes $3,215 2026
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 $627/sqft sits in the $600–650 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 · $627
Other active listings This listing's price range This listing

About this property

Phenomenal investment opportunity or perfect mortgage helper! Welcome to this fully updated, turn-key bi-level home offering incredible versatility and massive income potential. The bright and airy main floor features a spacious living area equipped with a cozy electric fireplace and a beautiful mantle that serves as a stunning focal point for the space. The living area flows seamlessly into a fully renovated kitchen, complete with premium stainless steel appliances, a gas stove, gleaming granite countertops, a sleek breakfast bar, and a convenient door leading directly out to the deck. This upper level also boasts 3 generously sized bedrooms, a modern 4-piece bathroom, and its own dedicated, private laundry. Downstairs, the fully finished lower level features a smart layout designed to maximize revenue, including two independent illegal suites. Each suite offers 1 comfortable bedroom and a full bathroom, with access to a shared basement laundry area. Fully updated from top to bottom with modern finishes, this property allows you to live upstairs while your tenants pay the mortgage, or rent out the entire building for maximum cash flow. Don't miss out on this rare, high-yielding property—schedule your private viewing today!

Property details

Bedrooms5
Bathrooms3.0
StyleBi-Level
HeatingCentral
CoolingNone
FlooringVinyl Plank
LevelsBi-Level
BasementFull
Basement developmentFinished
Interior featuresBreakfast Bar,Granite Counters,Open Floorplan
AppliancesDishwasher,Electric Stove,Gas Stove,Refrigerator,Washer/Dryer Stacked
InclusionsWindow coverings
LaundryIn Unit
Lot size4359.00 sqft
Frontage56 ft
Lot featuresBack Lane
Exterior featuresNone
FencingFenced
PatioDeck
Year built1972
Construction materialsStucco
RoofAsphalt Shingle
FoundationPoured Concrete
Parking featuresParking Pad
Parking total2
Annual taxes$3,215
Tax year2026
Possession15 Days / Neg
ZoningR-CG
TitleFee Simple
RestrictionsNone Known
NeighbourhoodPenbrooke Meadows
Community featuresOther
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: LPT Realty — Jamie D'Mello-Okoli.