1 / 34Fairview · Calgary
52 Fay Road SE, Calgary
$699,000
Fairview, Calgary, Alberta T2H 1H4 · MLS® A2331529
- 6
- Bedrooms
- 2
- Bathrooms
- 1,240
- Sq ft above grade
- $564
- Per sq ft
About This Property
Excellent investment opportunity in the established community of Fairview! With a reliable tenant already in place on a two-year lease, this extensively updated bungalow offers immediate rental income while providing the security of owning a well-located property with outstanding long-term potential. Offering 6 bedrooms with a private office/flex room and 2 fully renovated bathrooms, this home provides exceptional flexibility for today's investor and future homeowner alike. The updated kitchen features quartz countertops, stainless steel appliances, and ample cabinetry, while luxury vinyl plank flooring and updated tile run throughout the home. The fully developed basement significantly expands the living space, and many of the major improvements have already been completed, including the majority of the windows, updated bathrooms, newer washer and dryer, and a fully redone fence. Outside, you'll appreciate the large fenced backyard with a spacious patio, perfect for enjoying Calgary's summer months. The property also features an attached garage, back lane access, and a generous front parking pad with room for an RV, trailer, or multiple vehicles—offering the kind of flexibility that's increasingly difficult to find in central Calgary. Fairview continues to stand out as one of Calgary's best-value inner-city communities. Just minutes from the Fairview LRT Station, Macleod Trail, Glenmore Trail, Deerfoot Trail, and Blackfoot Trail, commuting anywhere in the city is simple. Everyday conveniences are all within easy reach, including Heritage Meadows, CF Chinook Centre, Costco, grocery stores, restaurants, and popular retailers such as London Drugs, Winners, and HomeSense. Nearby schools, parks, and recreation further enhance the appeal for both tenants and future homeowners. Whether you're looking to add a turnkey rental property to your portfolio, secure a home for future occupancy, or invest in the long-term value of centrally located land, this property offers a rare combination of immediate income, extensive updates, and an exceptional location. As Calgary continues to grow, opportunities to own sizeable lots in established inner-city neighborhoods at an accessible price point are becoming increasingly limited, making this an investment worth considering today and for years to come.
Property Details
Interior
- Bedrooms
- 6
- Bathrooms
- 2 full
- Rooms above grade
- 6
- Above grade
- 1,240 sq ft
- Total finished
- 1,240 sq ft
- Basement
- Full · Finished
- Fireplaces
- 1 fireplace
- Laundry
- In Basement
Interior features
- No Animal Home
- No Smoking Home
Flooring
- Ceramic Tile
- Vinyl
Building
- Property type
- Detached
- Structure
- House
- Style
- Bungalow
- Levels
- One
- Year built
- 1959
- Front exposure
- W
Construction
- Vinyl Siding
- Wood Frame
Roof
- Asphalt Shingle
Foundation
- Poured Concrete
Heating, cooling & services
- Heating
- Forced Air, Natural Gas
- Cooling
- None
Parking
- Garage
- Additional Parking, Alley Access, Garage Faces Rear, On Street, Oversized, Single Garage Attached · 1 space
- Garage size
- 23`10" x 12`1"
- Total parking
- 2 spaces
Lot & outdoors
- Lot size
- 5,005 sq ft
- Acreage
- 0.11 acres
- Frontage
- 50 ft
- Fencing
- Fenced
Lot features
- Back Lane
- Back Yard
- Rectangular Lot
Outdoor living
- Deck
Exterior features
- Private Entrance
- Private Yard
In the community
- Schools Nearby
- Shopping Nearby
- Sidewalks
- Street Lights
- Walking/Bike Paths
Costs & ownership
- Annual property tax
- $4,206 (2026)
- Title
- Fee Simple
- Ownership
- Private
- Zoning
- R-CG
- Restrictions
- None Known
Listing & availability
- MLS® number
- A2331529
- Listed
- Jul 22, 2026
- Days on market
- 54
- Possession
- 30 Days / Neg
- Listing office
- RE/MAX House of Real Estate
Included in the sale
Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer, Window Coverings
Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.
Selling
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