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DetachedActive

Marlborough Park · Calgary

512 Malvern Drive NE, Calgary

$599,000

Marlborough Park, Calgary, Alberta T2A5J1 · MLS® A2343216

5
Bedrooms: 2.5
Bathrooms: 1,124
Sq ft above grade: $533
Per sq ft

About This Property

Complete peace of mind and exceptional revenue potential come together in this newly renovated Marlborough Park investment opportunity. The main floor features a spacious, freshly updated 3-bedroom, 1.5-bathroom layout boasting durable laminate flooring and a bright, functional kitchen complete with granite countertops and stainless steel appliances. Downstairs, the fully legal 2-bedroom, 1-bathroom basement suite shines with modern updates, featuring an independent entrance, newer cabinetry, stylish quartz countertops, and a brand-new 2026 refrigerator. Massive mechanical updates protect your bottom line, including a newly installed 2025 furnace and a 2026 hot water tank. Both units share a common laundry area for ultimate convenience. The exterior provides exceptional parking flexibility, anchored by a rare triple-car garage and an additional parking pad. Whether you are looking to add a turnkey asset to your portfolio, occupy one level while generating rental income, or secure a property with built-in revenue potential, this versatile home checks all the boxes. Book your showing today.

Secondary suite: 1 legal suite

Location: Suite Attached/Within Primary Dwelling

Basement

Property Details

Interior

Bedrooms: 5
Bathrooms: 2 full · 1 half
Ensuite bathrooms: 1
Rooms above grade: 6
Above grade: 1,124 sq ft
Main level: 1,124 sq ft
Finished below grade: 904 sq ft
Total finished: 2,027 sq ft
Basement: Full · Finished
Laundry: In Basement, Laundry Room

Interior features

Kitchen Island

Flooring

Carpet
Ceramic Tile
Laminate

Building

Property type: Detached
Structure: House
Style: Bungalow
Levels: One
Year built: 1976
Front exposure: W
Unit exposure: W

Construction

Wood Frame

Roof

Asphalt Shingle

Foundation

Poured Concrete

Heating, cooling & services

Heating: Forced Air
Cooling: None

Parking

Garage: Double Garage Detached, Triple Garage Detached · 3 spaces
Garage size: 25`5" x 29`4"
Total parking: 3 spaces

Lot & outdoors

Lot size: 4,499 sq ft
Acreage: 0.1 acres
Frontage: 32.81 ft
Fencing: Fenced

Lot features

Rectangular Lot

Costs & ownership

Annual property tax: $3,903 (2026)
Title: Fee Simple
Ownership: Private
Zoning: R-CG
Restrictions: None Known

Listing & availability

MLS® number: A2343216
Listed: Sep 7, 2026
Days on market: 50
Possession: Immediate, Negotiable
Listing office: TREC The Real Estate Company

Included in the sale

Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Stove(s), Washer

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

$2,974.83/mo

Mortgage: $2,649.58
Property tax: $325.25

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 TREC The Real Estate Company

Data provided under license by Pillar 9™.

Listing data updated Oct 23, 2026, 11:05 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