5405 8 Avenue SE
Calgary
T2A 4L7
$450,000
Residential
beds: 4
baths: 2.0
793 sq. ft.
built: 1973
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2357959
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year Built:
- 1973
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MUST BE SOLD ALONG WITH 5407 8AVE SE AS A PACKAGE ( MLS# A2357983) Solid Bi-Level on a manageable lot in the established community of Penbrooke Meadows. R-C2 zoning offers flexibility for a secondary suite or future updates, making this an excellent opportunity for first-time buyers, families, or investors looking for value in SE Calgary Four-suite side-by-side duplex with $72,000 in-place annual income and 5.94% cap rate.
This fully tenanted side-by-side duplex delivers strong in-place cash flow and is positioned for an investor seeking immediate income. The property generates $6,000 per month ($72,000 annualized) in current contractual rent across four suites (8 bedrooms / 4 bathrooms total). After utilities, property taxes, insurance, and a 5% vacancy allowance, the Net Operating Income is $53,460, supporting a 5.94% capitalization rate. - Roof replaced Oct 2026 - Both units updated - Separate Laundry for each unit -
- Property Type:
- Residential
- Property Sub Type:
- Full Duplex
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- Yes
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 1
- Home Style:
- Attached-Side by Side, Bi-Level
- Total Living Area:
- 793 sq. ft.
- Main Level Finished Area:
- 793 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Below Grade Finished Area:
- 671 sq. ft.
- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Lot Area:
- 3,616 sq. ft.
- Lot Frontage:
- 33'½"
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
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- Front Exposure:
- North
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Unit Exposure:
- North
- Entry Level:
- 1
- Levels:
- Bi-Level
- End Unit:
- 1 Common Wall
- Total Rooms Above Grade:
- 5
- Year built:
- 1973 (Age: 53)
- Bedrooms:
- 4 (Above Grd: 2)
- Bedrooms Above Grade:
- 2
- Bedrooms On Main:
- 2
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Num Ensuite Baths:
- 0
- Plan:
- 6760JK
- Heating:
- Forced Air
- Basement:
- Full, Finished, Other
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Stucco
- Structure Type:
- Duplex
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Ceramic Tile, Laminate
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached
- Parking Places:
- 2
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- In Basement, In Unit, Main Level
- Southeast
- Penbrooke Meadows
- Electric Range, Range Hood, Refrigerator, Washer/Dryer, Washer/Dryer Stacked
- N/A
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 13' × 12'11"
- Main Floor
- Dining Room
- 8'5" × 8'1"
- Main Floor
- Kitchen
- 13'10" × 7'11"
- Main Floor
- Bedroom - Primary
- 12'9" × 9'7"
- Main Floor
- Bedroom
- 11'4" × 8'9"
- Basement
- Bedroom
- 12'6" × 8'10"
- Basement
- Bedroom
- 12'1" × 8'11"
- Basement
- Family Room
- 14'3" × 9'1"
- Basement
- Kitchen
- 11'1" × 8'11"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 4'11" x 7'11"
- Basement
- No
- 4
- 4'11" x 7'9"
- Title to Land:
- Fee Simple
- Community Features:
- None
- Interior Features:
- See Remarks, Separate Entrance
- Exterior Features:
- Private Entrance, Private Yard
- Patio And Porch Features:
- None
- Lot Features:
- Back Lane, City Lot, Front Yard, Landscaped
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone E
- Zoning:
- R-C2
- Listed Date:
- Nov 11, 2026
- Days on Mkt:
- Signup
-
5405 - 5407 8 ave SE -
Entry to units
-
Upper Kitchen
-
Upper Kitchen
-
Upper Bedroom
-
Basement LR
-
Hallway and Basement Entry
-
Basement Kitchen
-
Basement Kitchen
-
Basment Bathroom
-
Basement Kitchen
-
Garage
Listed by Synterra Realty
Data was last updated November 13, 2026 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 32
- Avg list price:
- $388,000
- Min list price:
- $199,900
- Max list price:
- $599,999
- Avg days on market:
- 36
- Min days on market:
- 2
- Max days on market:
- 164
- Avg price per sq.ft.:
- $376.26
These statistics are generated based on the current listing's property type
and located in
Penbrooke Meadows. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- LIVIA MCCABE
- RE/MAX FIRST [115, 8820 BLACKFOOT TRAIL S.E.]
- 1 (403) 5421112
- Contact by Email