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Penbrooke Meadows · Calgary

424 Penbrooke Crescent SE, Calgary

$575,000

Penbrooke Meadows, Calgary, Alberta T2A 3T7 · MLS® A2323383

5
Bedrooms
3
Bathrooms
957
Sq ft above grade
$601
Per sq ft

About This Property

Phenomenal investment opportunity or perfect mortgage helper! Welcome to this fully updated, turn-key bi-level home offering incredible versatility and massive income potential. The bright and airy main floor features a spacious living area equipped with a cozy electric fireplace and a beautiful mantle that serves as a stunning focal point for the space. The living area flows seamlessly into a fully renovated kitchen, complete with premium stainless steel appliances, a gas stove, gleaming granite countertops, a sleek breakfast bar, and a convenient door leading directly out to the deck. This upper level also boasts 3 generously sized bedrooms, a modern 4-piece bathroom, and its own dedicated, private laundry. Downstairs, the fully finished lower level features a smart layout designed to maximize revenue, including two independent illegal suites. Each suite offers 1 comfortable bedroom and a full bathroom, with access to a shared basement laundry area. Fully updated from top to bottom with modern finishes, this property allows you to live upstairs while your tenants pay the mortgage, or rent out the entire building for maximum cash flow. Don't miss out on this rare, high-yielding property—schedule your private viewing today!

Secondary suite: 2 illegal suites

Location: Suite Attached/Within Primary Dwelling

Basement

An illegal suite is not registered with the city. It can affect insurance, financing and what you may legally rent out — ask before writing an offer.

Property Details

Interior

Bedrooms
5
Bathrooms
3 full
Rooms above grade
4
Above grade
957 sq ft
Total finished
957 sq ft
Basement
Full · Finished
Fireplaces
1 fireplace
Laundry
In Unit

Interior features

  • Breakfast Bar
  • Granite Counters
  • Open Floorplan

Flooring

  • Vinyl Plank

Fireplace

  • Electric

Building

Property type
Detached
Structure
House
Style
Bi-Level
Levels
Bi-Level
Year built
1972
Front exposure
S

Construction

  • Stucco

Roof

  • Asphalt Shingle

Foundation

  • Poured Concrete

Heating, cooling & services

Heating
Central
Cooling
None

Parking

Garage
None
Parking
Parking Pad
Total parking
2 spaces

Lot & outdoors

Lot size
4,359 sq ft
Acreage
0.1 acres
Frontage
56 ft
Fencing
Fenced

Lot features

  • Back Lane

Outdoor living

  • Deck

Costs & ownership

Annual property tax
$3,215 (2026)
Title
Fee Simple
Ownership
Private
Zoning
R-CG
Restrictions
None Known

Listing & availability

MLS® number
A2323383
Listed
Jun 26, 2026
Days on market
80
Possession
15 Days / Neg
Listing office
LPT Realty

Included in the sale

Appliances: Dishwasher, Electric Stove, Gas Stove, Refrigerator, Washer/Dryer Stacked

Other inclusions: Window coverings

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

Selling

Thinking of listing your home?

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