← Back to listings
Legal suiteMLS® A2335551

112 Penmeadows Close SE

$595,000
5 bed2 bath1,009 sqftSingle FamilyBuilt 1971
1 / 40

Facts & details

Bedrooms
5
Beds (above / below grade)
3 / 2
Bathrooms
2
Living area
1,009 square feet
Year built
1971
Property type
Single Family
Structure
House
Basement
Finished, Full, Suite
Heating
Forced air, Natural gas
Cooling
None
Flooring
Ceramic Tile
Parking spaces
4
Parking
Detached Garage, Garage, Oversize, Heated Garage
Lot size
464 square meters
Zoning
R-CG
Subdivision
Penbrooke Meadows
Property tax
$3,627 (2026)
Suite evidence from listing

"legal suite"

About this home

Fantastic Income Property! Generate approximately $3,500 per month in rental income as an investor, or take advantage of an excellent opportunity for first-time buyers. The lower legal suite is currently vacant, allowing you to move in while collecting $1,700/month from the main floor plus $600/month from the heated garage rental to help offset your mortgage. The main floor features a spacious living room, dining area, large kitchen, three good-sized bedrooms, and a 4-piece bathroom. The bright lower legal suite offers its own kitchen, large living room, two good-sized bedrooms, and a 4-piece bathroom. Shared laundry is conveniently located in lower level. Outside you'll find a mechanics dream insulated heated 28 x 28 garage/shop with 9' door, a large backyard with plenty of room to enjoy, a deck, and additional parking. Numerous updates include a furnace (approximately 12 years old), hot water tank (approximately 4 years old), basement windows (approximately 2 years old), and the main living room window. Located on a quiet street close to green spaces, shopping, schools, public transit, and all amenities, this is a versatile property offering strong cash flow, mortgage assistance, or an ideal investment opportunity. Click on link to view 3D walk through. (id:65709)

Work with a specialist

Buying or selling a home with a legal suite?

Connect with Dusko Sremac and the REPYYC × Real Broker team — Calgary REALTORS® who specialize in legal secondary suites. We verify registry, permits, and rental potential before you write an offer.

Reach out to Dusko →
Existing representation: Not intended to solicit buyers or sellers currently under a written service agreement with another real estate brokerage. If you are already represented, please contact your existing real estate representative. Any discussion of an offer or representation is subject to confirming your existing agency relationship. Learn more.

Listing content (MLS® A2335551) is courtesy of RE/MAX Real Estate (Mountain View), provided by the Canadian Real Estate Association (CREA) via the DDF® feed. Information is deemed reliable but not guaranteed. See MLS® / DDF® compliance & disclaimers.

Disclaimer: Listing data and suite classifications are deemed reliable but not guaranteed and should be independently verified. Always confirm the legal status of any secondary suite — including registry, permits, and code compliance — with a licensed REALTOR® (such as Dusko Sremac at REPYYC × Real Broker), the City of Calgary, and qualified professionals before making any purchase or investment decision.