268 Madeira Place NE
Calgary T2A5T1
MLS® Number: A2277518
$ 559,000
5
BEDROOMS
2 + 0
BATHROOMS
1,019
SQUARE FEET
1978
YEAR BUILT
Well-maintained detached bungalow offering flexible use for investors or future owner-occupants. The main floor features three bedrooms, while the lower level includes a two-bedroom basement suite with a separate entrance. Recent basement updates include new egress windows, vinyl plank flooring, baseboards, and fresh paint. The property is currently rented month-to-month with rents of $1,700 for the main floor, $1,300 for the basement, and $400 for the oversized heated double garage, providing multiple income streams. Tenants are scheduled to vacate February 15, unless a purchaser wishes to assume them under a new lease. Additional highlights include a fenced yard, back lane access, heated garage, and a quiet residential location close to transit, schools, shopping, and major roadways. A versatile opportunity offering income today with future flexibility.
| COMMUNITY | Marlborough Park |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | Bungalow |
| YEAR BUILT | 1978 |
| SQUARE FOOTAGE | 1,019 |
| BEDROOMS | 5 |
| BATHROOMS | 2.00 |
| BASEMENT | Full |
| AMENITIES | |
| APPLIANCES | Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Carpet, Ceramic Tile, Hardwood |
| HEATING | Forced Air |
| LAUNDRY | Multiple Locations |
| LOT FEATURES | Back Lane, Back Yard, Rectangular Lot |
| PARKING | Double Garage Detached, Heated Garage, Off Street |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | The Real Estate District |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Family Room | 16`10" x 12`8" | Basement |
| Kitchen | 10`2" x 7`10" | Basement |
| Laundry | 10`9" x 5`10" | Basement |
| Furnace/Utility Room | 14`1" x 7`9" | Basement |
| Bedroom | 12`9" x 9`5" | Basement |
| Bedroom | 12`8" x 9`0" | Basement |
| 4pc Bathroom | 7`7" x 6`0" | Basement |
| 4pc Bathroom | 9`7" x 4`11" | Main |
| Foyer | 8`8" x 5`1" | Main |
| Bedroom - Primary | 13`3" x 11`10" | Main |
| Bedroom | 12`4" x 7`11" | Main |
| Bedroom | 9`11" x 7`10" | Main |
| Laundry | 7`3" x 3`6" | Main |
| Living Room | 17`7" x 13`11" | Main |
| Kitchen | 9`6" x 9`6" | Main |
| Dining Room | 9`10" x 7`10" | Main |