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Arjit Brar

arjitbrar@absold.ca +1(587) 439-9058

$ 450,000

Est. payment -/mo

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Active

5204 Marbank Drive NE Calgary, AB T2A4H4

5 Beds

2 Baths

963 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 963 sqft

Price per Sqft $467

Subdivision Marlborough

MLS® Listing ID A2262845

Style Bi-level

Bedrooms 5

Year Built 1975

Lot Size 3,153 Sqft

Acres 0.072401874

Property Sub-Type Freehold

Source Calgary Real Estate Board

Property Description

UPDATED BI-LEVEL W/ 2- BED ILLEGAL SUITE W/ BACKYARD STEPS TO TRANS-CANADA CENTRE! Welcome to 5204 Marbank Drive NE — An amazing rental property that's had a 100% tenancy rate! With rental potential of $3,000+ per month, this bi-level semi-detached home offers dependable cash flow and excellent long-term value for investors or first time home buyers looking for a mortgage helper. The property includes a finished illegal 2-bed basement suite with a shared side entrance, a total of 3 beds up and 2 beds down, a generous backyard & a paved back lane — the essential setup for a steady, low-maintenance investment in an established, transit-connected area. Step inside and you'll find a bright open-concept main floor with large front windows that bring in plenty of natural light. The functional kitchen with granite countertops, maple cabinetry, and a good-sized island which acts as a central gathering hub, while the living room flows easily into a dedicated dining area. Sliding doors in the dining area open to a sun-filled SW facing balcony, perfect for enjoying a morning coffee! Three spacious bedrooms and a full bathroom complete the upper level, making this floor ideal for a family tenant or an owner-occupant looking to live up and rent down. Downstairs, the lower level offers a fully developed nearly 900 SQFT illegal suite with two bedrooms, a full kitchen, a 3pc bathroom, and generous living area. Outside, the property offers a fully fenced yard & rear lane access. Location-wise, you are down the block from the TransCanada Centre providing you with plenty of amenities including Save-On-Foods, Tim Hortons, GYMVMT Fitness Centre, and plenty of dining options. You are also 2 blocks away from Chris Akkerman School & walking distance to Bob Edwards school & Tennis Courts. Just a short 5 min drive away is Sunridge Mall, Marlborough Mall with easy C-Train access to the rest of the city, plus several major roadways including Memorial Drive, 16th Ave & Deerfoot Trail. Jumping in the car: Downtown is a 14 min drive (9.2KM), Airport is a 15 min drive (17.2KM), & Banff is a 1hr 37 min drive (133KM). (id:24570)

Location

Province AB

Rooms

Kitchen 2.0

Extra Room 1 Main level 12.75 Ft x 12.25 Ft Living room

Extra Room 2 Main level 10.17 Ft x 10.50 Ft Dining room

Extra Room 3 Main level 9.42 Ft x 10.50 Ft Kitchen

Extra Room 4 Main level 11.58 Ft x 10.08 Ft Primary Bedroom

Extra Room 5 Main level 9.08 Ft x 12.25 Ft Bedroom

Extra Room 6 Main level 10.08 Ft x 8.83 Ft Bedroom

Interior

Heating Forced air

Cooling None

Flooring Carpeted, Linoleum

Exterior

Parking Features No

Fence Fence

View Y/N No

Total Parking Spaces 1

Private Pool No

Building

Architectural Style Bi-level

Others

Ownership Freehold

Virtual Tour https://youriguide.com/5204_marbank_dr_ne_calgary_ab/

Listed by RE/MAX First

Arjit Brar

Agent

+1(587) 439-9058

Arjit Brar

5204 Marbank Drive NE Calgary, AB T2A4H4

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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5204 Marbank Drive NE