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Descriptions:
INCREDIBLE REVENUE PROPERTY IN MCKENZIE LAKE! YES LAKE ACCESS!!Generate $3,800 per month in rental income or live upstairs and rent out the lower level to help pay your mortgage! INVESTORS AND HOMEOWNERS, THIS IS AN OPPORTUNITY YOU DON'T WANT TO MISS!
Welcome to the vibrant, family-friendly community of McKenzie Lake! This spacious, fully developed 5-bedroom bi-level home offers incredible versatility, recent upgrades, and excellent income potential, all situated in a quiet cul-de-sac within walking distance of schools and the lake.
Currently generating $3,800 per month in rental income ($45,600 annually), with the upper level renting for $2,300/month and the lower level for $1,500/month. Both tenants are wonderful, would love to stay, and offer an attractive opportunity for investors seeking an income-producing property.
"Alternatively, move into the upper level and continue renting the basement to help offset your monthly mortgage payments!"
Step inside to discover a bright, spacious floor plan featuring vaulted ceilings, a welcoming living room with a cozy wood-burning fireplace, and a generous dining area. The beautifully updated kitchen showcases granite countertops, newer appliances, and a spacious breakfast nook overlooking the private backyard.
The main level features three generously sized bedrooms, including a primary suite with a private 3-piece ensuite, along with an updated 4-piece main bathroom.
The fully developed lower level offers two additional spacious bedrooms, a large recreation/living area, laundry facilities, ample storage, and a rough-in for a future bathroom, providing plenty of room and flexibility.
Numerous recent improvements include updated flooring, fresh paint, renovated kitchen and bathrooms, granite countertops, newer appliances, updated lighting, and closet doors.
Outside, enjoy a fully fenced and landscaped yard with mature trees for privacy, a raised deck perfect for entertaining, and an oversized heated single garage.
Located in the highly desirable lake community of McKenzie Lake, you'll appreciate nearby schools, parks, pathways, shopping, and easy access to major roadways.
THREE GREAT REASONS TO BUY:
INVEST: Keep both tenants and enjoy $3,800/month in existing rental income.
LIVE & EARN: Make the upper level your home while collecting $1,500/month from the basement.
PLAN FOR THE FUTURE: Secure a spacious 5-bedroom home in an established, sought-after Calgary community.
Great location. Great tenants. Great income potential.
Whether you're an investor looking to grow your portfolio or a homeowner wanting help with your mortgage, this McKenzie Lake property delivers outstanding possibilities.
Don't miss this opportunity — book your private showing today!
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| Site Influences: |
| Back Lane, Back Yard, Cul-De-Sac |
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| Legal Description: |
| ACCESS Legal Description |
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| Location & Listing Info: |
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| Neighbourhood: |
McKenzie Lake
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| Lot Size: |
0.10
sq.ft.
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| Lot Shape: |
Back Lane,Back Yard,Cul-De-Sac |
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| Property Info: |
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| Property Type: |
Residential Detached Single Family |
| Home Style: |
Bi-Level |
| Year Built: |
1987 |
| Total Floor Area: |
1,255 sq. ft. |
| Brokerage: |
RE/MAX Complete Realty |
| Construction Type: |
Vinyl Siding,Wood Frame
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| Front Exposure: |
SW
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| Exterior: |
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| Exterior: |
Vinyl Siding, Wood Frame |
| Construction: |
Vinyl Siding,Wood Frame |
| Frontage: |
13.74M 45`1" |
| Front Exposure: |
SW |
| Roof: |
Asphalt Shingle |
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| Rooms: |
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| Total Bedrooms: |
5
(Bedrooms Above: 3)
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| Bathrooms: |
Full: 3
/ Half: 0
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| Rooms Above: |
6 |
| Ensuite: |
Yes
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| Parking Plan Type: |
Single Garage Detached
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| Garage: |
1
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| Additional Info: |
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| Heating: |
Forced Air |
| Basement: |
Full |
| Basement Type: |
Full |
| Floor Finish: |
Carpet, Ceramic Tile, Laminate |
| Fireplace Details: |
For Sale |
| Parking: |
Single Garage Detached |
| Total Parking: |
1
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| Restrictions: |
Contact for Restrictions |
| Heating Type: |
Forced Air
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| Heating Fuel: |
Forced Air
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| # of Finished Fireplaces: |
1
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| Restrictions: |
None Known
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Contact Cathy Gallagher -
100, 5810 - 2nd Street S.W., Calgary, Alberta, T2H 0H2
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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