Homes for sale - 4617 Stanley RD Southwest, Calgary, AB T2S 2R2

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Sam Pond

sam@sampond.ca +1(403) 889-0913

$819,900

Est. payment - /mo

4 Beds

2 Baths

1,048 SqFt

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UPDATED:

02/18/2025 04:00 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,048 sqft

Price per Sqft $782

Subdivision Elboya

MLS® Listing ID A2194301

Style Bungalow

Bedrooms 4

Full Baths 2

Year Built 1955

Lot Size 5,995 Sqft

Acres 0.14

Property Sub-Type Detached

Property Description

Prime investment opportunity in Elboya! This raised bungalow with a legal walk-out suite offers dual rental income in one of Calgary's most sought-after locations. The main floor features 2 spacious bedrooms, a 4 piece bathroom, a bright living room, dining area and a well-appointed kitchen. While the legal suite downstairs offers an additional 2 bedrooms, 4 piece bathroom, and full kitchen—each unit with its own private entrance. Common areas include a large utility room equipped with 2 furnaces, 2 hot water tanks and shared laundry. Tenants split utilities, reducing ownership costs, and both leases are set to renew in June. The tenants have expressed interest in extending their stay with a modest rent increase, ensuring immediate and stable cash flow for the new owner. Recent upgrades include new egress windows in basement bedrooms, updated LVP flooring, hardwired smoke and CO detectors, a sprinkler system in common areas, new alarm bells, furnace cleaning, and yard enhancements. The property sits on a 50' x 120' R-CG lot with a large, private yard, mature trees, back alley access, and a parking pad that along with the front driveway can fit up to 6 vehicles. Located minutes from downtown, the C-Train, Chinook Mall, parks, stores and amenities. If you are looking for a home to live in and offset your ownership cost by renting out the legal suite - this is the right one for you. This property also presents a compelling opportunity for investors seeking a stable income stream in one of Calgary's most desirable neighborhoods with robust rental demand.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning R-CG

Direction E

Rooms

Basement Finished, Full

Interior

Interior Features No Smoking Home, Separate Entrance

Heating Forced Air

Cooling None

Flooring Linoleum, Vinyl, Wood

Inclusions Refrigerator (s)

Appliance Dryer, Refrigerator, Stove(s), Washer, Window Coverings

Laundry In Basement

Exterior

Exterior Feature Private Yard

Parking Features Off Street, Parking Pad

Fence Fenced

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch Porch

Lot Frontage 49.41

Total Parking Spaces 6

Building

Lot Description Back Lane, Back Yard, Few Trees, Sloped

Dwelling Type House

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Stucco,Wood Frame,Wood Siding

Others

Restrictions None Known

Tax ID 95208618

Virtual Tour https://unbranded.youriguide.com/4617_stanley_rd_sw_calgary_ab/

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Listed by eXp Realty

"Interested in this home? Or similar properties to this one? Reach out, let's talk about the next step."

+1(403) 889-0913

sam@sampond.ca

Calgary, AB, CAN

4617 Stanley RD Southwest Calgary, AB T2S 2R2