Well-maintained detached bungalow offering flexible use for investors or future owner-occupants. The main floor features three bedrooms, while the lower level includes a two-bedroom basement suite with a separate entrance. Recent basement updates include new egress windows, vinyl plank flooring, baseboards, and fresh paint.
The property is currently rented month-to-month with rents of $1,700 for the main floor, $1,300 for the basement, and $400 for the oversized heated double garage, providing multiple income streams. Tenants are scheduled to vacate February 15, unless a purchaser wishes to assume them under a new lease.
Additional highlights include a fenced yard, back lane access, heated garage, and a quiet residential location close to transit, schools, shopping, and major roadways. A versatile opportunity offering income today with future flexibility.
Address
268 Madeira Place NE
List Price
$559,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary NE
Sub-Area
Marlborough Park
Bedrooms
5
Bathrooms
2
Floor Area
1,019 Sq. Ft.
Lot Size
4617 Sq. Ft.
Year Built
1978
MLS® Number
A2277518
Listing Brokerage
The Real Estate District
Basement Area
Full
Postal Code
T2A5T1
Zoning
R-CG
Site Influences
Back Lane, Back Yard, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground, Rectangular Lot, Sidewalks, Street Lights