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632 55 Street SE
Penbrooke Meadows Calgary T2A 3R6

$540,000
Residential beds: 7 baths: 3.0 1,188 sq. ft. built: 1972

Main Photo: 632 55 Street SE Calgary - Detached for sale A2177927
Photo 1: 632 55 Street SE Calgary - Detached for sale A2177927
Photo 2: 632 55 Street SE Calgary - Detached for sale A2177927
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2177927
Bedrooms:
7
Bathrooms:
3
Year Built:
1972
Perfect opportunity for investors, large families, or multi-generational living! Whether you’re a first-time homebuyer or an investor eager to grow your portfolio, this spacious gem has it all! The main floor features an open-concept design, creating a bright, welcoming space that’s perfect for family living and entertaining. With 3 bedrooms and 2 full bathrooms, you’ll enjoy an abundance of natural light and room to relax. The fully finished basement includes a 3-bedroom illegal suite with a separate entrance, previously rented for $1,800 per month, offering an excellent opportunity. Additionally, the converted garage—set up as a cozy private room with its own entrance and easily used as a 4th bedroom—was rented for $800 per month, adding even more value to this property.With the added bonus of a convenient back lane providing extra parking and the exciting potential to build a brand-new detached garage, offering even more value and flexibility for homeowners or investors. The R-CG zoning further opens the door to future development, whether you want to build more or just enjoy extra rental income—the possibilities are endless! Flooring has been renovated upstairs and in the basement to nice new laminate and tile flooring. Several schools within a few blocks. Penbrooke Plaza down the street has a variety of essentials, and there are larger shopping centers a short drive in any direction. Set between 17th Avenue and Memorial Drive, and with Stoney Trail and Deerfoot nearby, this community is well-connected to the rest of Calgary. Don't miss out on this fantastic starter home or investment opportunity—schedule your showing today!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Illegal
Home Style:
Bungalow
Total Living Area:
1,187.58 sq. ft.
Lot Area:
5,199 sq. ft.
Lot Frontage:
52'
Front Exposure:
West
Unit Exposure:
West
Levels:
One
Total Rooms Above Grade:
7
Year built:
1972 (Age: 52)
Bedrooms:
7 (Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
3
Bathrooms:
3.0 (Full:3, Half:0)
Plan:
41LK
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Other, Vinyl Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Laminate, Other, Tile
Cooling:
Wall/Window Unit(s)
Fireplaces:
1
Fireplace Details:
Electric, Family Room
Garage:
0
Parking:
Off Street, Parking Pad
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement, Main Level
Penbrooke Meadows
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
none
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
20'10" × 11'3"
Main Floor
Bedroom
13'3" × 8'2"
Main Floor
Bedroom
10'5" × 9'10"
Main Floor
Dining Room
13'10" × 8'4"
Main Floor
Kitchen
13'10" × 9'1"
Main Floor
Living Room
17'7" × 13'4"
Main Floor
Bedroom - Primary
13'4" × 11'8"
Basement
Living Room
16'11" × 12'5"
Basement
Bedroom
13'2" × 10'6"
Basement
Bedroom
12'2" × 9'10"
Basement
Bedroom
12'11" × 12'10"
Basement
Kitchen
12'3" × 12'3"
Basement
Furnace/Utility Room
13'1" × 9'7"
Floor
Ensuite
Pieces
Other
Main Floor
Yes
3
2'10" x 9'6"
Main Floor
No
4
4'7" x 13'1"
Basement
No
4
7'10" x 9'3"
Title to Land:
Fee Simple
Community Features:
None
Interior Features:
See Remarks
Exterior Features:
Garden
Patio And Porch Features:
None
Lot Features:
Back Lane, Backs on to Park/Green Space
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone E
Zoning:
R-CG
Listed Date:
Nov 07, 2024
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Listed by Real Broker
Data was last updated November 23, 2024 at 04:05 PM (UTC)
Jerry Charlton

Penbrooke Meadows Calgary FAQs

What are the main features of Penbrooke Meadows?

Penbrooke Meadows is a diverse and vibrant community located in the southeast quadrant of Calgary. Known for its affordability and family-friendly atmosphere, Penbrooke Meadows features a variety of schools, numerous parks, and community facilities. This neighborhood is particularly appealing to first-time home buyers and families looking for a close-knit community with easy access to downtown Calgary and major roadways.

What types of homes are available in Penbrooke Meadows?

The housing in Penbrooke Meadows mainly consists of single-family homes, many of which were built in the 1970s. These homes typically offer generous yard spaces, making them ideal for families. In addition to detached homes, the area also features townhouses and low-rise apartment buildings, providing a range of housing options to accommodate different needs and budgets.

What schools serve the Penbrooke Meadows community?

Penbrooke Meadows is well-served by several educational institutions within its boundaries. These include Penbrooke Meadows School, James Short Memorial School, and St. Peter Elementary School. The community also hosts G.W. Skene School and is close to several high schools, offering convenient educational opportunities for children of all ages.

How do residents typically commute in and around Penbrooke Meadows?

Residents of Penbrooke Meadows benefit from excellent transportation options. The community is well-connected by Calgary Transit, with several bus routes running through the area, facilitating access to the rest of the city. Major roadways such as 17th Avenue SE and Stoney Trail are easily accessible, providing efficient routes for driving to downtown Calgary and other parts of the metropolitan area.

What amenities are available within Penbrooke Meadows?

Penbrooke Meadows boasts a range of amenities that contribute to the quality of life in the community. These include several large parks, playgrounds, and sports fields. The community center offers various programs and activities, from sports to cultural events, enhancing the vibrant community life. Shopping and services are also conveniently available at nearby shopping centers, adding to the area’s appeal.

What community events and activities are popular in Penbrooke Meadows?

The Penbrooke Meadows Community Association is very active, organizing events and activities that engage the community throughout the year. Popular events include community clean-ups, family fun days, and seasonal celebrations. These events provide opportunities for residents to connect and participate actively in their community.

What makes Penbrooke Meadows unique compared to other Calgary communities?

Penbrooke Meadows stands out for its affordability and family-oriented environment. The community offers a diverse range of recreational and educational facilities, which are especially attractive to families. Its strong community spirit and active participation in events and activities foster a sense of belonging and engagement among residents, making it a welcoming place to call home.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.