Calgary, AB T2S 2R1,4617 Stanley RD SW
Calgary, AB T2S 2R1,4617 Stanley RD SW
Calgary, AB T2S 2R1,4617 Stanley RD SW
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$729,900
Est. payment /mo
4 Beds
2 Baths
1,036 SqFt
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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1036.0

Square Footage 1,036 sqft

Price per Sqft $704

Subdivision Elboya

MLS Listing ID A2276653

Style Bungalow

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1955

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 49'5\" x 120

Property Sub-Type Detached

Property Description

Prime investment opportunity in the heart of Elboya on a 50 ft x 120 ft R-CG lot. This raised bungalow with a legal walk-out suite offers dual rental income in one of Calgary's most desirable inner-city communities, with excellent long-term holding and redevelopment potential.

The main floor features two spacious bedrooms, a four-piece bathroom, a bright living room, dining area, and a well-appointed kitchen. The legal lower suite offers two additional bedrooms, a four-piece bathroom, and a full kitchen, with separate private entrances for each unit.

Shared spaces include a large utility room with two furnaces, two hot water tanks, and common laundry. Utilities are split between tenants, helping reduce ownership costs. Both leases renew in June, and the tenants have expressed interest in extending their stay with a modest rent increase, providing immediate and stable cash flow for the next owner.

Recent upgrades include new egress windows in the basement bedrooms, updated LVP flooring, hardwired smoke and carbon monoxide detectors, a sprinkler system in common areas, new alarm bells, furnace servicing, and yard improvements.

The oversized lot offers a large private yard with mature trees, back alley access, and a parking pad. Combined with the front driveway, there is parking for up to six vehicles.

Ideally located minutes from downtown, the C-Train, Chinook Centre, parks, schools, and everyday amenities. Whether you are looking to live upstairs and offset ownership costs by renting the legal suite, or secure a strong investment in a high-demand neighbourhood, this property delivers flexibility, income, and long-term value.

Location

Province AB

County Cal Zone Cc

Community Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Area Cal Zone Cc

Zoning R-CG

Direction SW

Location Details Suite Attached/Within Primary Dwelling

Rooms

Basement Separate/Exterior Entry, Full

Guest Accommodations Basement

Interior

Interior Features Kitchen Island, Laminate Counters

Heating Forced Air

Cooling None

Flooring Hardwood, Laminate

Inclusions Appliances in Basement

Fireplace Yes

Appliance Range Hood, Refrigerator, Stove(s), Washer/Dryer

Laundry In Basement

Exterior

Exterior Feature Private Entrance, Private Yard

Parking Features Parking Pad

Fence Fenced

Community Features Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Roof Type Asphalt Shingle

Porch None

Total Parking Spaces 4

Garage No

Building

Lot Description Back Lane, Back Yard

Dwelling Type House

Faces SE

Story One

Foundation Poured Concrete

Architectural Style Bungalow

Dwelling Type Suite Attached/Within Primary Dwelling

Level or Stories One

New Construction No

Others

Restrictions None Known


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Listed by 2% Realty
Ken Rigel

Ken Rigel

Team Lead

+1(403) 207-1748

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4617 Stanley RD SW