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INVESTMENT OPPORTUNITY – CASH-FLOWING LEGAL SUITE + STRONG TENANTS LOCKED IN UNTIL 2026!Welcome to a turnkey investment property in the heart of Erin Woods SE, Calgary – offering over 1500 sqft of functional living space above grade with a legally suited walkout basement and stable rental income of $3,400/month until Spring 2026.Ideal for investors seeking immediate returns, this 4-level split home features 5 spacious bedrooms, 4 full bathrooms, and two separate laundry areas, all with quality finishes and thoughtful updates. Whether you're a seasoned investor or entering the market, this property delivers both performance and peace of mind.TENANT DETAILS & RENTAL INCOME:Main Floor Unit: Rented at $1,900/month + 60% of utilities until March 31, 2026Legal Basement Suite: Rented at $1,500/month + 40% of utilities until April 30, 2026Combined Income: $3,400/month + utilitiesAverage Utility Range: $250–$350/month (summer) and $350–$450/month (winter), split between unitsPROPERTY FEATURES:Fully legalized walkout basement suite (2022) with private entrance, 2 bedrooms, 2 bathrooms, modern kitchen w/ central island, gas fireplace, and a private south-facing deckMain level offers vaulted ceilings, maple cabinets, large windows, skylights, and a cozy living room w/ withiver rock gas fire. placeUpper floor includes a spacious primary suite with a walk-in closet and an ensuite, plus 2 additional bedrooms and another full bath.Separate laundry areas for main and basement suitesRecent upgrades include:? New appliances (2023–2024)? New furnace and hot water tank (2022)? Legalization of basement suite (2022)PRIME LOCATION:Quiet street in central Erin Woods SEQuick access to Stoney Trail, Deerfoot Trail, and downtown CalgaryMinutes to schools, shopping, parks, and Calgary’s industrial hubRear parking pad for 2 vehicles + ample street parking in frontWhether you're looking to grow your real estate portfolio or house hack with rental support, this property c hecks all the boxes: legal suite, long-term tenants, low vacancy risk, and strong cash flow. Don’t miss this rare opportunity to secure a high-performing investment property in Calgary’s rental market. (id:55690)
| Bathroom Total | 4 | Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 | Bedrooms Total | 5 |
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings | Architectural Style | 4 Level |
| Basement Development | Finished | Basement Features | Separate Entrance, Walk Out, Suite |
| Basement Type | Full (finished) | Constructed Date | 1997 |
| Construction Material | Wood Frame | Construction Style Attachment | Detached |
| Cooling Type | None | Exterior Finish | Vinyl Siding |
| Fireplace Present | Yes | Fireplace Total | 2 |
| Flooring Type | Ceramic Tile, Laminate, Vinyl Plank | Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas | Heating Type | Forced Air |
| Size Interior | 1590 Sqft | Total Finished Area | 1589.68 Sqft |
| Type | House |
| Other | |
| Parking Pad |
| Acreage | No | Fence Type | Fence |
| Land Amenities | Park, Playground, Schools, Shopping | Size Depth | 33.49 M |
| Size Frontage | 9.14 M | Size Irregular | 306.00 |
| Size Total | 306 M2|0-4,050 Sqft | Size Total Text | 306 M2|0-4,050 Sqft |
| Zoning Description | R-cg |
| Level | Type | Dimensions |
|---|---|---|
| Second Level | 4pc Bathroom | 7.58 Ft x 5.08 Ft |
| Second Level | 4pc Bathroom | 5.25 Ft x 7.67 Ft |
| Second Level | Bedroom | 9.58 Ft x 11.25 Ft |
| Second Level | Bedroom | 9.50 Ft x 11.33 Ft |
| Second Level | Primary Bedroom | 11.25 Ft x 11.67 Ft |
| Lower Level | 3pc Bathroom | 7.58 Ft x 5.00 Ft |
| Lower Level | Dining Room | 7.33 Ft x 5.92 Ft |
| Lower Level | Family Room | 13.75 Ft x 13.83 Ft |
| Lower Level | Kitchen | 7.33 Ft x 11.00 Ft |
| Lower Level | 4pc Bathroom | 7.17 Ft x 5.00 Ft |
| Lower Level | Bedroom | 9.00 Ft x 8.75 Ft |
| Lower Level | Bedroom | 11.00 Ft x 15.00 Ft |
| Lower Level | Furnace | 7.17 Ft x 5.17 Ft |
| Main Level | Dining Room | 9.58 Ft x 8.92 Ft |
| Main Level | Kitchen | 11.58 Ft x 11.42 Ft |
| Main Level | Living Room | 16.83 Ft x 16.17 Ft |
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