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5507 & 5505 8 Avenue Se Calgary, Alberta T2A 0B2

8 Bedroom 4 Bathroom 1892 sqft
Bungalow None Forced Air

$900,000

Side-by-side duplex on a single title featuring FOUR fully self-contained units, each with its own private entrance, separate appliances, and in-suite laundry—a RARE and efficient multi-family opportunity in SE Calgary. Many of the units have been thoughtfully updated with newer cabinetry, quartz countertops, and modern finishes, creating a clean, contemporary feel for tenants.A new FOUR CAR detached garage adds significant value and is currently rented to two separate business tenants, providing additional income potential. Fence posts have already been installed, offering a head start for a future owner to complete the fencing and further enhance privacy and curb appeal. All existing tenants would like to stay, making this a truly turn-key investment with immediate flow.The location is a major highlight: just 1.1 km to Lucky Supermarket, steps from multiple well-reviewed restaurants, and only a two-minute walk to the nearest playground. The property is also within walking distance to FOUR schools, making it highly attractive to families and long-term tenants. Residents enjoy easy access to parks, established pathway systems, excellent transit, and nearby shopping, with quick connectivity to major routes throughout the city. A strong income property in a proven rental location with excellent walkability and long-term upside. What are you waiting for? (id:22455)

Property Details

MLS® Number A2279476
Property Type Multi-family
Community Name Penbrooke Meadows
Amenities Near By Park, Playground, Schools, Shopping
Features Other, Back Lane, Closet Organizers
Parking Space Total 4
Plan 7315jk

Building

Bathroom Total 4
Bedrooms Above Ground 4
Bedrooms Below Ground 4
Bedrooms Total 8
Appliances Refrigerator, Dishwasher, Stove, Microwave Range Hood Combo, Washer/dryer Stack-up
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate Entrance, Suite
Basement Type Full (finished)
Constructed Date 1971
Construction Material Wood Frame
Construction Style Attachment Attached
Cooling Type None
Flooring Type Carpeted, Laminate, Tile, Vinyl
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1892 Sqft
Total Finished Area 1892 Sqft

Parking

Garage
Heated Garage
Other
Garage
Detached Garage

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Park, Playground, Schools, Shopping
Size Depth 33.54 M
Size Frontage 20.12 M
Size Irregular 675.00
Size Total 675 M2|7,251 - 10,889 Sqft
Size Total Text 675 M2|7,251 - 10,889 Sqft
Zoning Description R-cg

Rooms

Level Type Dimensions
Basement 4pc Bathroom 4.92 Ft x 7.00 Ft
Basement Bedroom 9.17 Ft x 14.67 Ft
Basement Bedroom 9.17 Ft x 11.50 Ft
Basement Dining Room 9.33 Ft x 12.17 Ft
Basement Kitchen 8.83 Ft x 13.17 Ft
Basement Recreational, Games Room 12.25 Ft x 8.50 Ft
Basement Furnace 9.17 Ft x 6.17 Ft
Basement 4pc Bathroom 4.92 Ft x 6.83 Ft
Basement Bedroom 9.17 Ft x 11.50 Ft
Basement Bedroom 8.92 Ft x 14.75 Ft
Basement Kitchen 12.58 Ft x 11.17 Ft
Basement Recreational, Games Room 12.58 Ft x 14.08 Ft
Basement Storage .00 Ft x .00 Ft
Basement Furnace 9.08 Ft x 20.25 Ft
Main Level 4pc Bathroom 6.42 Ft x 7.08 Ft
Main Level Bedroom 9.92 Ft x 12.00 Ft
Main Level Dining Room 9.92 Ft x 8.42 Ft
Main Level Kitchen 9.08 Ft x 9.08 Ft
Main Level Living Room 13.25 Ft x 15.50 Ft
Main Level Primary Bedroom 9.00 Ft x 15.33 Ft
Main Level 4pc Bathroom 6.33 Ft x 7.00 Ft
Main Level Bedroom 9.92 Ft x 12.08 Ft
Main Level Dining Room 9.92 Ft x 10.08 Ft
Main Level Kitchen 9.00 Ft x 8.92 Ft
Main Level Laundry Room 5.67 Ft x 7.42 Ft
Main Level Living Room 13.25 Ft x 15.67 Ft
Main Level Primary Bedroom 9.00 Ft x 15.33 Ft

https://www.realtor.ca/real-estate/29261703/5507-5505-8-avenue-se-calgary-penbrooke-meadows

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