DetachedActive

Marlborough Park · Calgary

232 Madeira Place NE, Calgary

$419,000

Marlborough Park, Calgary, Alberta T2A 5T1 · MLS® A2348763

5
Bedrooms: 2
Bathrooms: 1,052
Sq ft above grade: $398
Per sq ft

About This Property

Check out this BUNGALOW of 'POSSIBILITIES' with a TRIPLE CAR GARAGE in a QUIET CUL-DE-SAC on a PIE LOT close to schools & other key amenities of Marlborough Park. This home offers NEW UPPER WINDOWS & LIVING ROOM BLINDS, NEWER SIDING & FURNACE, NEWER FRIDGE & STOVE (2021), 3 BEDROOMS UP & 2 BEDROOMS DOWN (basement windows not to current egress), upper & lower FAMILY ROOMS with 2 FULL BATHROOMS(upper bath in mid-reno) while offering a WEST facing backyard with a pergola to provide some afternoon shade. INVESTORS and FLIPPERS: This is the high-margin project you’ve been waiting for. Located in a highly desirable neighborhood with strong comps, this property offers incredible built-in equity from day one. Structurally sound but cosmetically frozen in time, it provides a straightforward path to maximum ROI. Bring your paint, modern fixtures, and design vision to easily unlock this home’s true market value. Priced aggressively for a quick cash-flowing turnaround.

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Property Details

Interior

Bedrooms: 5
Bathrooms: 2 full
Rooms above grade: 5
Above grade: 1,052 sq ft
Main level: 1,052 sq ft
Finished below grade: 930 sq ft
Total finished: 1,982 sq ft
Basement: Full · Finished
Laundry: In Basement

Interior features

Vinyl Windows

Flooring

Carpet
Laminate

Building

Property type: Detached
Structure: House
Style: Bungalow
Levels: One
Year built: 1977
Front exposure: E

Construction

Vinyl Siding

Roof

Asphalt Shingle

Foundation

Poured Concrete

Heating, cooling & services

Heating: Forced Air
Cooling: None

Parking

Garage: Triple Garage Detached · 3 spaces
Garage size: 15`4" x 35`5"
Total parking: 3 spaces

Lot & outdoors

Lot size: 4,036 sq ft
Acreage: 0.09 acres
Frontage: 35.17 ft
Fencing: Fenced

Lot features

Back Lane
Back Yard
Cul-De-Sac
Front Yard
Lawn
Pie Shaped Lot

Outdoor living

Awning(s)
Rear Porch
Side Porch

Exterior features

Private Yard

In the community

Park
Playground
Schools Nearby
Shopping Nearby
Sidewalks
Street Lights

Costs & ownership

Annual property tax: $3,268 (2026)
Title: Fee Simple
Ownership: Private
Zoning: RC-1
Restrictions: Encroachment

Listing & availability

MLS® number: A2348763
Listed: Oct 9, 2026
Days on market: 0
Possession: Immediate
Listing office: RE/MAX First

Included in the sale

Appliances: Electric Stove, Garage Control(s), Range Hood, Refrigerator, Washer/Dryer, Window Coverings

Other inclusions: 2 garage openers with only 1 remote total, attached shelving as viewed at showing in the home & garage, shed, blue rain barrel,

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

Selling to buy?

Need to sell your current home to buy this one? Stephen will prepare a free evaluation of your current home.

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Estimated Monthly Cost

$2,125.71/mo

Mortgage: $1,853.38
Property tax: $272.33

20% down · 4.49% · 25-yr amortization · estimate only. Excludes insurance, utilities and closing costs.

Contact me for bookings or more information

Questions about this listing, or ready to view it? Stephen will follow up shortly.

Prefer to talk? (403) 827-4943

Listed by RE/MAX First

Data provided under license by Pillar 9™.

Listing data updated Oct 9, 2026, 3:10 a.m. MT.

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.

Request a free evaluation