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.
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
| Bedrooms | 5 |
| Bathrooms | 3.0 |
| Style | Bi-Level |
| Heating | Central |
| Cooling | None |
| Flooring | Vinyl Plank |
| Levels | Bi-Level |
| Basement | Full |
| Basement development | Finished |
| Interior features | Breakfast Bar,Granite Counters,Open Floorplan |
| Appliances | Dishwasher,Electric Stove,Gas Stove,Refrigerator,Washer/Dryer Stacked |
| Inclusions | Window coverings |
| Laundry | In Unit |
| Lot size | 4359.00 sqft |
| Frontage | 56 ft |
| Lot features | Back Lane |
| Exterior features | None |
| Fencing | Fenced |
| Patio | Deck |
| Year built | 1972 |
| Construction materials | Stucco |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Parking features | Parking Pad |
| Parking total | 2 |
| Annual taxes | $3,215 |
| Tax year | 2026 |
| Possession | 15 Days / Neg |
| Zoning | R-CG |
| Title | Fee Simple |
| Restrictions | None Known |
| Neighbourhood | Penbrooke Meadows |
| Community features | Other |
| List AOR | Calgary |
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 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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