4617 Stanley Road SW
Calgary, Alberta T2S2R1
MLS® Number: A2276653
Associate
403-903-2888
Prime investment opportunity in the heart of Elboya on a 50 ft x 120 ft R-CG lot. This raised bungalow with a legal walk-out suite offers dual rental income in one of Calgary’s most desirable inner-city communities, with excellent long-term holding and redevelopment potential.The main floor features two spacious bedrooms, a four-piece bathroom, a bright living room, dining area, and a well-appointed kitchen. The legal lower suite offers two additional bedrooms, a four-piece bathroom, and a full kitchen, with separate private entrances for each unit.Shared spaces include a large utility room with two furnaces, two hot water tanks, and common laundry. Utilities are split between tenants, helping reduce ownership costs. Both leases renew in June, and the tenants have expressed interest in extending their stay with a modest rent increase, providing immediate and stable cash flow for the next owner.Recent upgrades include new egress windows in the basement bedrooms, updated LVP flooring, hardwired smoke and carbon monoxide detectors, a sprinkler system in common areas, new alarm bells, furnace servicing, and yard improvements.The oversized lot offers a large private yard with mature trees, back alley access, and a parking pad. Combined with the front driveway, there is parking for up to six vehicles.Ideally located minutes from downtown, the C-Train, Chinook Centre, parks, schools, and everyday amenities. Whether you are looking to live upstairs and offset ownership costs by renting the legal suite, or secure a strong investment in a high-demand neighbourhood, this property delivers flexibility, income, and long-term value. (id:21083)
Property Type
Single FamilySquare Footage
1036 sqftLand Size
557Annual Property Taxes
$ 4,298Time on REALTOR.ca
5 daysBuilding Type
HouseCommunity Name
ElboyaSubdivision Name
ElboyaTitle
FreeholdStories
1Parking Type
Parking PadAbove Grade
4Total
2Appliances Included
Refrigerator, Stove, Hood Fan, Washer & DryerFlooring
Hardwood, LaminateBasement Type
Finished, Full, Separate entrance, SuiteFeatures
Back laneFoundation Type
Poured ConcreteStyle
DetachedConstruction Material
Wood frameSquare Footage
1036 sqftTotal Finished Area
1036 sqftCooling
NoneHeating
Forced airParking Type
Parking PadTotal Parking Spaces
4| Main level | Living room | 13.67 Ft x 17.25 Ft |
| Kitchen | 9.58 Ft x 10.50 Ft | |
| Dining room | 8.08 Ft x 9.17 Ft | |
| Bedroom | 11.08 Ft x 14.75 Ft | |
| Bedroom | 10.58 Ft x 11.00 Ft | |
| 4pc Bathroom | 6.75 Ft x 7.33 Ft | |
| Basement | Living room | 13.67 Ft x 17.25 Ft |
| Dining room | 8.08 Ft x 9.17 Ft | |
| Kitchen | 9.58 Ft x 10.50 Ft | |
| Bedroom | 6.42 Ft x 15.17 Ft | |
| Bedroom | 9.67 Ft x 10.42 Ft | |
| 4pc Bathroom | 4.83 Ft x 8.33 Ft |
Zoning Description
R-CG
Associate
403-903-2888
400, 909 17 Ave S.W.
CALGARY, Alberta T2T0A4
403-606-3500
