52 Fay Road SE, Calgary photo 1 of 341 / 34
DetachedActive

Fairview · 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

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