This investor's dream walkout bungalow (reverse plan) presents a rare and valuable opportunity. With a total of six bedrooms—three on the main/upper level and three in the fully developed illegal basement suite—this property offers an incredibly flexible living space that can easily be adapted to a variety of needs. The walkout basement, featuring two exterior entrances and ample space, provides the potential for additional rental income or multi-generational living arrangements. Properties with six bedrooms are a rarity in the rental property market, especially with three in the basement, and this well-planned layout significantly enhances the investment potential, particularly in the centrally located community of Albert Park. The south-facing walkout basement is flooded with an abundance of natural light, creating a bright and welcoming atmosphere throughout the day. The main floor boasts a spacious living room with a cozy wood-burning fireplace, perfect for creating a warm, inviting environment for family gatherings. The main electrical panel has been replaced, providing peace of mind and modern reliability. Whether you're seeking a rental property, a home with a mortgage helper, or simply a large family home, potentially for multi-generational use, this bungalow offers an unparalleled value proposition in a prime location. With easy access to public transit, downtown, the Calgary Zoo, major roadways, and nearby amenities, this property is an ideal choice.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
1,126.8 sq. ft.105 m2
Main Level Finished Area:
1,126.8 sq. ft.105 m2
Below Grade Finished Area:
988 sq. ft.91.8 m2
Lot Area:
4,488 sq. ft.417 m2
Lot Frontage:
37'6"11.4 m
Front Exposure:
South
Levels:
One
Total Rooms Above Grade:
6
Year built:
1976
(Age: 49)
Bedrooms:
6
(Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
3
Bathrooms:
3.0
(Full:2, Half:1)
Plan:
4946T
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full, Suite, Walk-Out To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Metal Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Laminate, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
0
Parking:
Off Street
Parking Places:
1.0
Parking Total/Covered:
1 /
-
Laundry Features:
See Remarks
Albert Park/Radisson Heights
See Remarks
Electric Stove x2, Hood Fan x2, Refrigerator x2, Dishwasher, Greenhouse, Shed, Washer & Dryer (Lower Suite), and a Washer/Dryer (Single Unit) for the Upper Suite
None Known
Floor
Type
Size
Other
Main Floor
Balcony
16'1"4.90 m × 5'6"1.68 m
Main Floor
Bedroom
11'9"3.58 m × 10'3.05 m
Main Floor
Bedroom
11'9"3.58 m × 10'3"3.12 m
Main Floor
Dining Room
10'4"3.15 m × 9'6"2.90 m
Main Floor
Kitchen
14'5"4.39 m × 7'4"2.24 m
Main Floor
Living Room
14'1"4.29 m × 12'9"3.89 m
Main Floor
Bedroom - Primary
11'6"3.51 m × 10'4"3.15 m
Basement
Bedroom
10'11"3.33 m × 8'10"2.69 m
Basement
Bedroom
9'8"2.95 m × 8'11"2.72 m
Basement
Kitchen
13'7"4.14 m × 9'6"2.90 m
Basement
Laundry
9'6"2.90 m × 4'3"1.30 m
Basement
Bedroom
13'5"4.09 m × 7'10"2.39 m
Basement
Game Room
13'5"4.09 m × 12'10"3.91 m
Basement
Furnace/Utility Room
9'8"2.95 m × 9'7"2.92 m
Floor
Ensuite
Pieces
Other
Main Floor
Yes
2
3'11" x 7'5"
Main Floor
No
4
6'1" x 7'5"
Basement
No
4
4'11" x 9'5"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Laminate Counters, See Remarks, Separate Entrance, Storage
Exterior Features:
Balcony, Garden, Other
Patio And Porch Features:
Deck, Other, Patio, Rear Porch, See Remarks
Lot Features:
Back Lane, Back Yard, Front Yard, Lawn, Landscaped, Street Lighting, Other, Rectangular Lot, See Remarks, Sloped
Data was last updated February 2, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$449,999
Min list price:
$279,900
Max list price:
$829,900
Avg days on market:
25
Min days on market:
1
Max days on market:
117
Avg price per sq.ft.:
$441.24
These statistics are generated based on the current listing's property type
and located in
Albert Park/Radisson Heights. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.