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Penbrooke Meadows · Calgary

112 Penmeadows Close SE, Calgary

$595,000

Penbrooke Meadows, Calgary, Alberta T2A 3S2 · MLS® A2335551

5
Bedrooms
2
Bathrooms
1,009
Sq ft above grade

+829 below

$590
Per sq ft

About This Property

Fantastic Income Property! Generate approximately $3,500 per month in rental income as an investor, or take advantage of an excellent opportunity for first-time buyers. The lower legal suite is currently vacant, allowing you to move in while collecting $1,700/month from the main floor plus $600/month from the heated garage rental to help offset your mortgage. The main floor features a spacious living room, dining area, large kitchen, three good-sized bedrooms, and a 4-piece bathroom. The bright lower legal suite offers its own kitchen, large living room, two good-sized bedrooms, and a 4-piece bathroom. Shared laundry is conveniently located in lower level. Outside you'll find a mechanics dream insulated heated 28 x 28 garage/shop with 9' door, a large backyard with plenty of room to enjoy, a deck, and additional parking. Numerous updates include a furnace (approximately 12 years old), hot water tank (approximately 4 years old), basement windows (approximately 2 years old), and the main living room window. Located on a quiet street close to green spaces, shopping, schools, public transit, and all amenities, this is a versatile property offering strong cash flow, mortgage assistance, or an ideal investment opportunity. Click on link to view 3D walk through.

Secondary suite: 1 legal suite

Location: Suite Attached/Within Primary Dwelling

Basement

Property Details

Interior

Bedrooms
5
Bathrooms
2 full
Rooms above grade
5
Above grade
1,009 sq ft
Main level
1,009 sq ft
Finished below grade
829 sq ft
Total finished
1,838 sq ft
Basement
Full · Finished
Laundry
Lower Level

Flooring

  • Ceramic Tile

Building

Property type
Detached
Structure
House
Style
Bungalow
Levels
One
Year built
1971
Front exposure
W
Unit exposure
W

Construction

  • Wood Frame

Roof

  • Asphalt Shingle

Foundation

  • Poured Concrete

Heating, cooling & services

Heating
Forced Air, Natural Gas
Cooling
None

Parking

Garage
Double Garage Detached, Heated Garage, Insulated, Oversized · 2 spaces
Garage size
28`0" x 28`0"
Total parking
4 spaces

Lot & outdoors

Lot size
4,994 sq ft
Acreage
0.11 acres
Frontage
50.13 ft
Fencing
Fenced

Lot features

  • Back Lane
  • Landscaped

Outdoor living

  • Deck

In the community

  • Park
  • Playground
  • Schools Nearby
  • Shopping Nearby

Costs & ownership

Annual property tax
$3,627 (2026)
Title
Fee Simple
Ownership
Private
Zoning
R-CG
Restrictions
None Known

Listing & availability

MLS® number
A2335551
Listed
Aug 7, 2026
Days on market
38
Possession
30 Days / Neg
Possession notes
30 days if assume tenants 90 days from first of month if you want tenants to leave
Listing office
RE/MAX Real Estate (Mountain View)

Included in the sale

Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer, Window Coverings

Other inclusions: Fridge, stove, dishwasher in lower level, shed

Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.

Selling

Thinking of listing your home?

Need to sell to buy this one, or just want a real number? Stephen prepares a free evaluation that accounts for lot, finishes, and current activity in your community.

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