4617 Stanley RD SW Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2S 2R2
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
Originating Board Calgary
Year Built 1955
Annual Tax Amount $3,450
Tax Year 2024
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
Parking Features Off Street,Parking Pad
Garage Description 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
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Stucco,Wood Frame,Wood Siding
Others
Restrictions None Known
Tax ID 95208618
Ownership Private
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