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52 Fay Road Se, Calgary, Alberta T2H 1H4 New

MLS® # A2323234

$699,000

Property Size 1240
Bedrooms 6
Bathrooms 2
Year Built 1959
Garages 2

Description

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 r are 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. (id:53676)

PROPERTY FEATURES

  • MLS® Number A2323234
  • Price $699,000
  • Bedrooms: 6
  • Bathrooms: 2
  • Square Footage: 1240 sqft
  • Property Type: House
  • Community Name: Fairview
  • Amenities Near By Schools, Shopping
  • Features Back Lane, No Animal Home, No Smoking Home
  • Parking Space Total 2
  • Plan 2832hq
  • Structure Deck

Buildings

Bathroom Total 2 Bedrooms Above Ground 3
Bedrooms Below Ground 3 Bedrooms Total 6
Appliances Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave, Microwave Range Hood Combo, Window Coverings Architectural Style Bungalow
Basement Development Finished Basement Type Full (finished)
Constructed Date 1959 Construction Material Wood Frame
Construction Style Attachment Detached Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding Fireplace Present Yes
Fireplace Total 1 Flooring Type Ceramic Tile, Vinyl
Foundation Type Poured Concrete Heating Fuel Natural Gas
Heating Type Forced Air Stories Total 1
Size Interior 1240 Sqft Total Finished Area 1240.19 Sqft
Type House

Parking

Other
Oversize
Attached Garage 1

Land

Acreage No Fence Type Fence
Land Amenities Schools, Shopping Landscape Features Lawn
Size Depth 30.49 M Size Frontage 15.24 M
Size Irregular 5005.00 Size Total 5005 Sqft|4,051 - 7,250 Sqft
Size Total Text 5005 Sqft|4,051 - 7,250 Sqft Zoning Description R-cg

Rooms

Level Type Dimensions
Basement Bedroom 12.75 Ft x 8.83 Ft
Basement Bedroom 9.92 Ft x 12.42 Ft
Basement Bedroom 12.83 Ft x 10.00 Ft
Basement Laundry Room 8.42 Ft x 6.92 Ft
Basement 4pc Bathroom 6.58 Ft x 5.75 Ft
Main Level Primary Bedroom 12.67 Ft x 12.08 Ft
Main Level Bedroom 7.75 Ft x 11.17 Ft
Main Level Bedroom 11.33 Ft x 8.08 Ft
Main Level Den 8.75 Ft x 8.25 Ft
Main Level Kitchen 12.58 Ft x 12.58 Ft
Main Level Office 11.75 Ft x 13.42 Ft
Main Level 4pc Bathroom 8.50 Ft x 4.92 Ft

BROKERAGE

  • Office: RE/MAX First

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