Penbrooke Meadows
LIST PRICE
$450,000
5407 8 Avenue SE, Calgary · T2A4L7
4 BEDROOMS · 2 BATHROOMS · 791 SQFT · BUILT 1973
MLS A2357983 · 3 DAYS ON MARKET
Interested in this home?
JN Real Estate Group can arrange a private viewing and answer anything the listing doesn’t. A real person who knows the area — no pressure.
RE/MAX Complete Realty · Calgary
What this home — and yours — is really worth right now.
ABOUT THIS HOME
MUST BE SOLD ALONG WITH 5405 8AVE SE AS A PACKAGE ( MLS# A2357959) Solid Bi-Level on a manageable lot in the established community of Penbrooke Meadows. R-C2 zoning offers flexibility for a secondary suite or future updates, making this an excellent opportunity for first-time buyers, families, or investors looking for value in SE Calgary Four-suite side-by-side duplex with $72,000 in-place annual income and 5.94% cap rate. This fully tenanted side-by-side duplex delivers strong in-place cash flow and is positioned for an investor seeking immediate income. The property generates $6,000 per month ($72,000 annualized) in current contractual rent across four suites (8 bedrooms / 4 bathrooms total). After utilities, property taxes, insurance, and a 5% vacancy allowance, the Net Operating Income is $53,460, supporting a 5.94% capitalization rate. - Roof replaced Oct 2026 - Both units updated - Separate Laundry for each unit -
DETAILS
TRANSACTION
- TRANSACTION
- For Sale
INTERIOR
- BEDROOMS
- 4
- FULL BATHS
- 2
- HALF BATHS
- 0
- LIVING AREA (SQFT)
- 791
- FEATURES
- See Remarks
- APPLIANCES
- Electric Stove · Range Hood · Refrigerator · Washer/Dryer · Washer/Dryer Stacked
- FLOORING
- Ceramic Tile · Laminate · Vinyl
- BASEMENT
- Full
- BASEMENT DEVELOPMENT
- Finished
BUILDING
- TYPE
- Full Duplex
- STYLE
- Attached-Up/Down · Bi-Level
- YEAR BUILT
- 1973
- NEW CONSTRUCTION
- No
- CONSTRUCTION
- Stucco
- ROOF
- Asphalt Shingle
- FOUNDATION
- Poured Concrete
PARKING
- TOTAL PARKING
- 2
- PARKING
- Off Street · On Street · Stall
LOT & EXTERIOR
- LOT SIZE (SQFT)
- 3,627
- LOT SIZE (ACRES)
- 0.08
- LOT
- Back Lane · City Lot · Landscaped
- EXTERIOR
- Private Yard
- PATIO & PORCH
- None
- FENCING
- Fenced
COMMUNITY
- COMMUNITY
- Penbrooke Meadows
- COMMUNITY FEATURES
- Park · Playground · Pool · Schools Nearby · Shopping Nearby · Sidewalks · Street Lights
- ZONING
- R-C2
- POSTAL CODE
- T2A4L7
UTILITIES & COSTS
- HEATING
- Forced Air
- COOLING
- None
- ANNUAL TAXES
- $2,447