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Rajesh BabunaiduREALTOR®smartPRO Realty
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$699,000

52 Fay Road SE

Fairview, Calgary

  • 6 bedrooms
  • 2 bathrooms
  • 1,240 sq ft

About this home

Excellent investment opportunity in the established community of Fairview! With a reliable tenant already in place on a two-year lease, this extensively updated bungalow offers immediate rental income while providing the security of owning a well-located property with outstanding long-term potential. Offering 6 bedrooms with a private office/flex room and 2 fully renovated bathrooms, this home provides exceptional flexibility for today's investor and future homeowner alike. The updated kitchen features quartz countertops, stainless steel appliances, and ample cabinetry, while luxury vinyl plank flooring and updated tile run throughout the home. The fully developed basement significantly expands the living space, and many of the major improvements have already been completed, including the majority of the windows, updated bathrooms, newer washer and dryer, and a fully redone fence. Outside, you'll appreciate the large fenced backyard with a spacious patio, perfect for enjoying Calgary's summer months. The property also features an attached garage, back lane access, and a generous front parking pad with room for an RV, trailer, or multiple vehicles—offering the kind of flexibility that's increasingly difficult to find in central Calgary. Fairview continues to stand out as one of Calgary's best-value inner-city communities. Just minutes from the Fairview LRT Station, Macleod Trail, Glenmore Trail, Deerfoot Trail, and Blackfoot Trail, commuting anywhere in the city is simple. Everyday conveniences are all within easy reach, including Heritage Meadows, CF Chinook Centre, Costco, grocery stores, restaurants, and popular retailers such as London Drugs, Winners, and HomeSense. Nearby schools, parks, and recreation further enhance the appeal for both tenants and future homeowners. Whether you're looking to add a turnkey rental property to your portfolio, secure a home for future occupancy, or invest in the long-term value of centrally located land, this property offers a rar e combination of immediate income, extensive updates, and an exceptional location. As Calgary continues to grow, opportunities to own sizeable lots in established inner-city neighborhoods at an accessible price point are becoming increasingly limited, making this an investment worth considering today and for years to come. (id:67770)

Facts

Bedrooms
6
Bathrooms
2
Living area
1,240 sq ft
Home type
House
Year built
1959
Lot size
5,005 square feet
Parking
2
Property taxes
$4,206 (2026)
MLS® number
A2331529

Features

Heating
Forced air, Natural gas
Cooling
None
Basement
Finished, Full
Flooring
Ceramic Tile, Vinyl
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Parking
Attached Garage, Street, Oversize
Exterior Features
Vinyl siding

Rooms

RoomLevelSize
Primary BedroomMain level12.08 Ft x 12.67 Ft
BedroomMain level8.08 Ft x 11.33 Ft
OtherMain level12.58 Ft x 12.58 Ft
4pc BathroomMain level4.92 Ft x 8.50 Ft
BedroomBasement12.42 Ft x 9.92 Ft
Laundry roomBasement6.92 Ft x 8.42 Ft
BedroomMain level11.17 Ft x 7.75 Ft
DenMain level8.25 Ft x 8.75 Ft
OfficeMain level13.42 Ft x 11.75 Ft
BedroomBasement8.83 Ft x 12.75 Ft
BedroomBasement10.00 Ft x 12.83 Ft
4pc BathroomBasement5.75 Ft x 6.58 Ft

Location

Listed by RE/MAX House of Real Estate

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Listing data is supplied by the CREA Data Distribution Facility (DDF®). It is deemed reliable but not guaranteed and should be independently verified. It is provided for consumers’ personal, non-commercial use to identify properties they may be interested in purchasing.