268 Madeira Place NE
Calgary T2A5T1
MLS® Number: A2275628
$ 565,000
5
BEDROOMS
2 + 0
BATHROOMS
1,019
SQUARE FEET
1978
YEAR BUILT
Fully rented revenue property with recent updates and strong rental demand. Recent basement improvements include new egress windows, vinyl plank flooring, new baseboards, and fresh paint, creating a bright and functional lower level. The property is fully leased on a month-to-month basis with current rents of $1,700 for the main floor, $1,300 for the basement, and $400 for the detached garage. Features include a separate basement entrance, fenced yard, and an oversized double heated detached garage generating additional income. Located on a quiet residential street with convenient access to transit, schools, shopping, and major roadways. A well-maintained, turn-key investment with reliable income already in place.
| COMMUNITY | Marlborough Park |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | Bungalow |
| YEAR BUILT | 1978 |
| SQUARE FOOTAGE | 1,019 |
| BEDROOMS | 5 |
| BATHROOMS | 2.00 |
| BASEMENT | Full |
| AMENITIES | |
| APPLIANCES | Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Carpet, Ceramic Tile, Hardwood |
| HEATING | Forced Air |
| LAUNDRY | Multiple Locations |
| LOT FEATURES | Back Lane, Back Yard, Rectangular Lot |
| PARKING | Double Garage Detached, Heated Garage, Off Street |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | The Real Estate District |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Family Room | 16`10" x 12`8" | Basement |
| Kitchen | 10`2" x 7`10" | Basement |
| Laundry | 10`9" x 5`10" | Basement |
| Furnace/Utility Room | 14`1" x 7`9" | Basement |
| Bedroom | 12`9" x 9`5" | Basement |
| Bedroom | 12`8" x 9`0" | Basement |
| 4pc Bathroom | 7`7" x 6`0" | Basement |
| 4pc Bathroom | 9`7" x 4`11" | Main |
| Foyer | 8`8" x 5`1" | Main |
| Bedroom - Primary | 13`3" x 11`10" | Main |
| Bedroom | 12`4" x 7`11" | Main |
| Bedroom | 9`11" x 7`10" | Main |
| Laundry | 7`3" x 3`6" | Main |
| Living Room | 17`7" x 13`11" | Main |
| Kitchen | 9`6" x 9`6" | Main |
| Dining Room | 9`10" x 7`10" | Main |