780-832-5880

268 Madeira Place NE
Calgary (A2275628)

$565,000
5
2
1,019 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Fully rented revenue property with recent updates and strong rental demand. Recent basement improvements include new egress windows, vinyl plank flooring, new baseboards, and fresh paint, creating a bright and functional lower level. The property is fully leased on a month-to-month basis with current rents of $1,700 for the main floor, $1,300 for the basement, and $400 for the detached garage. Features include a separate basement entrance, fenced yard, and an oversized double detached garage generating additional income. Located on a quiet residential street with convenient access to transit, schools, shopping, and major roadways. A well-maintained, turn-key investment with reliable income already in place.

Property details

Basic Info

MLS® #
A2275628
Property Type:
Residential
Subtype:
Detached
Subdivision:
Marlborough Park
Price
$565,000
Sale/Lease:
For Sale
Size:
1,019 sq.ft.
Bedrooms:
5
Bathrooms:
2
Year Built:
1978 (47 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Double Garage Detached, Off Street
Fence:
Fenced
Basement:
Full
Features:
Quartz Counters
Inclusions:
n/a
Appliances:
Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer
Laundry:
In Basement
Exterior Features:
Private Yard
Patio/Porch Features:
None

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Lot / Land Info

Lot Size:
0.11 acres
Lot Features:
Back Lane, Back Yard, Rectangular Lot
Zoning:
R-CG

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Wood Frame,Wood Siding
Floors:
Carpet, Ceramic Tile, Hardwood
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Listing Info

Possession:
Negotiable
Your Realtor
  • Cord Spero

    RE/MAX Grande Prairie
    780-832-5880

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