268 Madeira Place Ne, Calgary

$565,000

5 Beds
2 Baths
1,019 Sqft
.11 Acres
2 Garages

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.

Essential Information
MLS® #A2275628
Price$565,000
Bedrooms5
Bathrooms2.00
Full Baths2
Square Footage1,019
Acres0.11
Year Built1978
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address268 Madeira Place Ne
SubdivisionMarlborough Park
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2A5T1
Amenities
Parking Spaces2
# of Garages2
Parking

Double Garage Detached, Heated Garage, Off Street

Interior
Interior FeaturesQuartz Counters
HeatingForced Air
CoolingNone
Has BasementYes
BasementFull
Appliances

Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer

Exterior
Exterior FeaturesPrivate Yard
RoofAsphalt Shingle
ConstructionWood Frame, Wood Siding
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, Rectangular Lot

Additional Information
ZoningR-CG
Listing Details
OfficeThe Real Estate District
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