5507 & 5505 8 Avenue SE

Full Duplex For Sale in Penbrooke Meadows, Calgary E

$900,000
  • 8 Beds
  • 4 Baths
  • 1,892 Sq. Ft.
  • Built 1971
Side-by-side duplex on a single title featuring FOUR fully self-contained units, each with its own private entrance, separate appliances, and in-suite laundry—a RARE and efficient multi-family opportunity in SE Calgary. Many of the units have been thoughtfully updated with newer cabinetry, quartz countertops, and modern finishes, creating a clean, contemporary feel for tenants. A new FOUR CAR detached garage adds significant value and is currently rented to two separate business tenants, providing additional income potential. Fence posts have already been installed, offering a head start for a future owner to complete the fencing and further enhance privacy and curb appeal. All existing tenants would like to stay, making this a truly turn-key investment with immediate flow. The location is a major highlight: just 1.1 km to Lucky Supermarket, steps from multiple well-reviewed restaurants, and only a two-minute walk to the nearest playground. The property is also within walking distance to FOUR schools, making it highly attractive to families and long-term tenants. Residents enjoy easy access to parks, established pathway systems, excellent transit, and nearby shopping, with quick connectivity to major routes throughout the city. A strong income property in a proven rental location with excellent walkability and long-term upside. What are you waiting for?
Address
5507 & 5505 8 Avenue SE
List Price
$900,000
Property Type
Residential
Type of Dwelling
Full Duplex
Transaction Type
Sale
Area
Calgary E
Sub-Area
Penbrooke Meadows
Bedrooms
8
Bathrooms
4
Floor Area
1,892 Sq. Ft.
Lot Size
7265 Sq. Ft.
Year Built
1971
MLS® Number
A2279476
Listing Brokerage
CIR Realty
Basement Area
Full
Postal Code
T2A 0B2
Zoning
R-CG
Site Influences
Back Lane, Back Yard, Front Yard, Schools Nearby, Shopping Nearby, Other, Park, Walking/Bike Paths, Playground, Sidewalks, Street Lights, Street Lighting

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Chris Matlashewski & The Built In Calgary Team

Royal LePage Solutions

Office: 403-809-3523

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264 Midpark Way SE #205 Calgary Alberta T2X 1J6