Key Facts
- MLS® #: A2235682
- Property ID: SIRC2527402
- Property Type: Residential, Single Family Detached
- Living Space: 1,589.68 sq.ft.
- Year Built: 1997
- Bedrooms: 3+2
- Bathrooms: 4
- Parking Spaces: 2
- Listed By:
- URBAN-REALTY.ca
Property Description
INVESTMENT OPPORTUNITY – CASH-FLOWING LEGAL SUITE + STRONG TENANTS LOCKED IN UNTIL 2026!
Welcome to a turnkey investment property in the heart of Erin Woods SE, Calgary – offering over 1500 sqft of functional living space above grade with a legally suited walkout basement and stable rental income of $3,400/month until Spring 2026.
Ideal for investors seeking immediate returns, this 4-level split home features 5 spacious bedrooms, 4 full bathrooms, and two separate laundry areas, all with quality finishes and thoughtful updates. Whether you're a seasoned investor or entering the market, this property delivers both performance and peace of mind.
TENANT DETAILS & RENTAL INCOME:
Main Floor Unit: Rented at $1,900/month + 60% of utilities until March 31, 2026
Legal Basement Suite: Rented at $1,500/month + 40% of utilities until April 30, 2026
Combined Income: $3,400/month + utilities
Average Utility Range: $250–$350/month (summer) and $350–$450/month (winter), split between units
PROPERTY FEATURES:
Fully legalized walkout basement suite (2022) with private entrance, 2 bedrooms, 2 bathrooms, modern kitchen w/ central island, gas fireplace, and a private south-facing deck
Main level offers vaulted ceilings, maple cabinets, large windows, skylights, and a cozy living room w/ withiver rock gas fire. place
Upper floor includes a spacious primary suite with a walk-in closet and an ensuite, plus 2 additional bedrooms and another full bath.
Separate laundry areas for main and basement suites
Recent upgrades include:
? New appliances (2023–2024)
? New furnace and hot water tank (2022)
? Legalization of basement suite (2022)
PRIME LOCATION:
Quiet street in central Erin Woods SE
Quick access to Stoney Trail, Deerfoot Trail, and downtown Calgary
Minutes to schools, shopping, parks, and Calgary’s industrial hub
Rear parking pad for 2 vehicles + ample street parking in front
Whether you're looking to grow your real estate portfolio or house hack with rental support, this property checks all the boxes: legal suite, long-term tenants, low vacancy risk, and strong cash flow. Don’t miss this rare opportunity to secure a high-performing investment property in Calgary’s rental market.
Rooms
- TypeLevelDimensionsFlooring
- Dining roomMain8' 11" x 9' 6.9"Other
- KitchenMain11' 5" x 11' 6.9"Other
- Living roomMain16' 2" x 16' 9.9"Other
- Bathroom2nd floor5' 9.6" x 7' 6.9"Other
- Ensuite Bathroom2nd floor7' 8" x 5' 3"Other
- Bedroom2nd floor11' 3" x 9' 6.9"Other
- Bedroom2nd floor11' 3.9" x 9' 6"Other
- Primary bedroom2nd floor11' 8" x 11' 3"Other
- BathroomLower5' x 7' 6.9"Other
- Dining roomLower5' 11" x 7' 3.9"Other
- Family roomLower13' 9.9" x 13' 9"Other
- KitchenLower11' x 7' 3.9"Other
- Ensuite BathroomLower5' x 7' 2"Other
- BedroomLower8' 9" x 9'Other
- BedroomLower15' x 11'Other
- UtilityLower5' 2" x 7' 2"Other
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Location
214 Erin Circle SE, Calgary, Alberta, T3B3H8 Canada
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- Principal and Interest $2,827 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a