52 Fay Road Se, Calgary

$699,000

6 Beds
2 Baths
1,240 Sqft
.11 Acres
1 Garages

Excellent investment opportunity in the established community of Fairview! With a reliable tenant already in place on a two-year lease, this extensively updated bungalow offers immediate rental income while providing the security of owning a well-located property with outstanding long-term potential. Offering 6 bedrooms with a private office/flex room and 2 fully renovated bathrooms, this home provides exceptional flexibility for today's investor and future homeowner alike. The updated kitchen features quartz countertops, stainless steel appliances, and ample cabinetry, while luxury vinyl plank flooring and updated tile run throughout the home. The fully developed basement significantly expands the living space, and many of the major improvements have already been completed, including the majority of the windows, updated bathrooms, newer washer and dryer, and a fully redone fence. Outside, you'll appreciate the large fenced backyard with a spacious patio, perfect for enjoying Calgary's summer months. The property also features an attached garage, back lane access, and a generous front parking pad with room for an RV, trailer, or multiple vehicles—offering the kind of flexibility that's increasingly difficult to find in central Calgary. Fairview continues to stand out as one of Calgary's best-value inner-city communities. Just minutes from the Fairview LRT Station, Macleod Trail, Glenmore Trail, Deerfoot Trail, and Blackfoot Trail, commuting anywhere in the city is simple. Everyday conveniences are all within easy reach, including Heritage Meadows, CF Chinook Centre, Costco, grocery stores, restaurants, and popular retailers such as London Drugs, Winners, and HomeSense. Nearby schools, parks, and recreation further enhance the appeal for both tenants and future homeowners. Whether you're looking to add a turnkey rental property to your portfolio, secure a home for future occupancy, or invest in the long-term value of centrally located land, this property offers a rare combination of immediate income, extensive updates, and an exceptional location. As Calgary continues to grow, opportunities to own sizeable lots in established inner-city neighborhoods at an accessible price point are becoming increasingly limited, making this an investment worth considering today and for years to come.

Essential Information
MLS® #A2323234
Price$699,000
Bedrooms6
Bathrooms2.00
Full Baths2
Square Footage1,240
Acres0.11
Year Built1959
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address52 Fay Road Se
SubdivisionFairview
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2H 1H4
Amenities
Parking Spaces2
# of Garages1
Parking

Additional Parking, Alley Access, Garage Faces Rear, Off Street, Oversized, Single Garage Attached

Interior
HeatingForced Air, Natural Gas
CoolingCentral Air
Has BasementYes
BasementFull
FireplaceYes
# of Fireplaces1
FireplacesGas
Interior Features

No Animal Home, No Smoking Home

Appliances

Dishwasher, Dryer, Electric Range, Microwave, Microwave Hood Fan, Refrigerator, Washer, Window Coverings

Exterior
Exterior FeaturesPrivate Entrance, Private Yard
RoofAsphalt Shingle
ConstructionVinyl Siding, Wood Frame
FoundationPoured Concrete
Lot Description

Back Lane, Lawn, Low Maintenance Landscape, Private, Standard Shaped Lot

Additional Information
ZoningR-CG
Listing Details
OfficeRE/MAX First
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