1 / 47Penbrooke 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?
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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