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Address
52 Fay Road Se, Calgary, AB
Price
$ 699,000
Property Attributes
  • ID#A2331529
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityCalgary
  • CityCalgary
  • Postal CodeT2H 1H4
  • StyleDetached
  • Year Built1959
  • Price$ 699,000
  • Bedrooms3+3
  • Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1240
  • Lot Size0.11489898989899 Acres
Data Source:
RLP - CREA EN
Property Description

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 rare 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.

General Features

Zoning R-CG
Terms SALE
Property Sub Type Detached
jumpId 28801895
Property Subtype French Detached
Listing Type French House
MLS A2331529
Inclusions N/A

Interior Features

Fireplace yes
Living Area Range 1240 sqft
Bedrooms 3+3
Beds 6
Total Baths 2
Total Baths 2

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in T2H 1H4

Price
AVG $700K
$700K
Year Built
AVG 1959
1959