DetachedActiveOpen house scheduled

Penbrooke Meadows · Calgary

235 Penswood Way SE, Calgary

$684,900

Penbrooke Meadows, Calgary, Alberta T2A 4T1 · MLS® A2353889

6
Bedrooms: 4.5
Bathrooms: 1,287
Sq ft above grade: $532
Per sq ft

About This Property

A standout opportunity for investors, this fully renovated bungalow in PENBROOKE MEADOWS offers 6 bedrooms, 4.5 bathrooms, almost 2600 finished square feet and a LEGAL BASEMENT SUITE with excellent income potential. The main floor features a bright, open-concept layout with contrasting matte black cabinetry, warm wood tones, statement designer lighting, and a striking wood slat feature wall. Three bedrooms and 2 full bathrooms complete the upper level, including a primary retreat with its own ensuite. The fully developed lower-level suite offers a separate kitchen, spacious recreation room, 3 additional bedrooms, 2 full bathrooms, additional 1/2 bath and SEPARATE LAUNDRY, providing functional separation and flexibility for tenants or multi-generational living. Outside, the property features a HUGE DETACHED GARAGE with totally separate workshop area and additional parking, valuable features for tenants, hobbyists, or those needing additional storage. With contemporary renovations, 6 bedrooms, and a LEGAL suite, this property offers multiple income possibilities and broad rental appeal. Conveniently located near schools, parks, shopping, transit, and major routes, this is an opportunity to add a versatile, income-generating property to your portfolio. BOOK YOUR SHOWING TODAY!

Secondary suite: 1 legal suite

Location: Suite Attached/Within Primary Dwelling

Basement

Property Details

Interior

Bedrooms: 6
Bathrooms: 4 full · 1 half
Ensuite bathrooms: 3
Rooms above grade: 6
Above grade: 1,287 sq ft
Total finished: 1,287 sq ft
Basement: Full · Finished
Laundry: In Basement, Laundry Room, Main Level, Other

Interior features

Breakfast Bar
Built-in Features
Closet Organizers
Kitchen Island
Open Floorplan
Primary Downstairs
Quartz Counters
Separate Entrance
Storage

Flooring

Tile
Vinyl Plank

Building

Property type: Detached
Structure: House
Style: Bungalow
Levels: One
Year built: 1974
Front exposure: E

Construction

Wood Frame

Roof

Asphalt Shingle

Foundation

Poured Concrete

Heating, cooling & services

Heating: Forced Air
Cooling: None

Parking

Garage: Double Garage Detached · 2 spaces
Garage size: 21`2" x 21`4"
Total parking: 2 spaces

Lot & outdoors

Lot size: 5,199 sq ft
Acreage: 0.12 acres
Frontage: 52.17 ft
Fencing: Fenced

Lot features

Back Lane
Back Yard
Low Maintenance Landscape
Private
Rectangular Lot

Exterior features

Lighting

In the community

Park
Playground
Schools Nearby
Shopping Nearby
Sidewalks

Costs & ownership

Annual property tax: $3,245 (2026)
Title: Fee Simple
Ownership: Private
Zoning: R-C1
Restrictions: None Known

Listing & availability

MLS® number: A2353889
Listed: Oct 23, 2026
Days on market: 4
Possession: Negotiable
Listing office: eXp Realty

Included in the sale

Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s), Washer, Washer/Dryer

Other inclusions: All appliances in basement

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.

Request a free evaluation

Estimated Monthly Cost

$3,299.96/mo

Mortgage: $3,029.54
Property tax: $270.42

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 eXp Realty

Data provided under license by Pillar 9™.

Listing data updated Oct 26, 2026, 3:25 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