268 Madeira Place Ne, Calgary

$559,000

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

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.

Essential Information
MLS® #A2277518
Price$559,000
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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