CAABCalgaryPenbrooke632 55 St Se
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632 55 St Se, Calgary, AB

House

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732

MLS® A2242804

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1188 sqft
Garage No
Taxes $3,263
Lot Size 0.12 acres
Approx. Age 1972
Avg. Price Per Sqft $436
MLS® Number A2242804

Property Address: 632 55 St Se, Calgary, AB, T2A3R6

Average square foot calculated using Size range provided by listing agent.

Description

Investor Special – 3 Rental Streams, Greenspace, and R-CG Zoning! Rare opportunity to own a 1, 422 sqft bungalow—the lowest-priced home of this size in Calgary—backing onto a greenspace in the high-demand community of Penbrooke Meadows. This property delivers immediate and proven cash flow with 3 potential rental streams: a 3-bedroom main floor, a 3-bedroom illegal basement suite with separate entrance (previously rented for $1, 800/month), and a converted garage with private entry (previously rented for $800/month). That’s up to 3 tenants and 3 rents—a true cash cow for investors. Need garage space? Easily convert the 7th bedroom back to a Single Attached Garage, or take advantage of the back alley access and build a Brand-New Double Detached Garage to increase future resale value. Already upgraded with City-approved copper wiring and electrical meter, LED lighting, newer windows, ceramic & luxury vinyl flooring, and a 4–5-year-old roof, this property is solid and low-maintenance. Even better, it sits on an R-CG zoned lot, opening the door to future redevelopment, legal suites, or increased density—ideal for long-term portfolio growth. Located close to schools, shopping, parks, and major commuter routes (17th Ave, Memorial, Stoney, and Deerfoot), it's perfectly positioned to attract reliable tenants year-round. Live in one unit and rent the rest, renovate and flip, or hold for steady appreciation and monthly income—this is an investor’s dream with built-in upside.Show Description
MLS® NumberA2242804
Laundry LevelIn Basement, Main Level
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age1972
BasementFull
DrivewayOff Street, Parking Pad, See Remarks
Garage Spaces
Heat
A/C
Heating Fuel

Extras

2 fridges, 2 stoves, 2 hood fan, 1 dishwasher, 2 washer, 2 dryer, deep freezer, AC in living room, window covering all

Rooms

Show Details
Other:Main Floor20.84 × 11.25 ft
Kitchen:Basement12.25 × 12.25 ft
Other:Main Floor11.67 × 13.34 ft
Other:Basement10.5 × 13.17 ft
Other:Main Floor8.17 × 13.25 ft
Living Room:Basement12.42 × 16.92 ft
Other:Basement12.92 × 12.84 ft
Other:Main Floor10.42 × 9.84 ft
Other:Main Floor2.84 × 9.5 ft
Other:Basement7.84 × 9.25 ft
Other:Basement9.84 × 12.17 ft
Other:Basement9.59 × 13.09 ft
Dining Room:Main Floor8.34 × 13.84 ft

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Commute

Starting Address
Destination Address
632 55 St Se, Calgary, AB

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