INVESTMENT OPPORTUNITY – CASH-FLOWING LEGAL SUITE + STRONG TENANTS LOCKED IN UNTIL 2026!Welcome to a turnkey investment property in the heart of Erin Woods SE, Calgary – offering over 1500 sqft of functional living space above grade with a legally suited walkout basement and stable rental income of $3,400/month until Spring 2026.Ideal for investors seeking immediate returns, this 4-level split home features 5 spacious bedrooms, 4 full bathrooms, and two separate laundry areas, all with quality finishes and thoughtful updates. Whether you're a seasoned investor or entering the market, this property delivers both performance and peace of mind.TENANT DETAILS & RENTAL INCOME:Main Floor Unit: Rented at $1,900/month + 60% of utilities until March 31, 2026Legal Basement Suite: Rented at $1,500/month + 40% of utilities until April 30, 2026Combined Income: $3,400/month + utilitiesAverage Utility Range: $250–$350/month (summer) and $350–$450/month (winter), split between unitsPROPERTY FEATURES:Fully legalized walkout basement suite (2022) with private entrance, 2 bedrooms, 2 bathrooms, modern kitchen w/ central island, gas fireplace, and a private south-facing deckMain level offers vaulted ceilings, maple cabinets, large windows, skylights, and a cozy living room w/ withiver rock gas fire. placeUpper floor includes a spacious primary suite with a walk-in closet and an ensuite, plus 2 additional bedrooms and another full bath.Separate laundry areas for main and basement suitesRecent upgrades include:? New appliances (2023–2024)? New furnace and hot water tank (2022)? Legalization of basement suite (2022)PRIME LOCATION:Quiet street in central Erin Woods SEQuick access to Stoney Trail, Deerfoot Trail, and downtown CalgaryMinutes to schools, shopping, parks, and Calgary’s industrial hubRear parking pad for 2 vehicles + ample street parking in frontWhether you're looking to grow your real estate portfolio or house hack with rental support, this property c hecks all the boxes: legal suite, long-term tenants, low vacancy risk, and strong cash flow. Don’t miss this rare opportunity to secure a high-performing investment property in Calgary’s rental market. (id:32467)

Ammenities Near By

• Ammenities Near By: Park, Playground, Schools, Shopping

Building

• Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings
• Architectural Style: 4 Level
• Basement Development: Finished
• Basement Features: Separate entrance, Walk out, Suite
• Basement Type: Full (Finished)
• Construction Style: Detached
• Cooling Type: None
• Exterior Finish: Vinyl siding
• Fireplace: Yes
• Flooring Type: Ceramic Tile, Laminate, Vinyl Plank
• Interior Size: 1590 sqft
• Building Type: House

Features

• Feature: See remarks

Land

• Land Size: 306 m2|0-4,050 sqft

Ownership

• Type: Freehold

Structure

• Structure: Deck

Zoning

• Description: R-CG

Information entered by URBAN-REALTY.ca
Listing information last updated on: 2025-08-14 23:40:29